All articles by Swagath Bandhakavi
FIS launches automated matching and execution platform for securities finance trades in UK
The Securities Finance Matching Platform employs smart automated matching technology to offer secure, scalable, and cost-effective straight-through processing of securities finance trades
Intellect Design Arena launches Intellect Digital Core for Indian cooperative banks
The launch of Intellect Digital Core specifically for cooperative banks aligns with Digital India initiatives, offering a subscription-based, enterprise-grade technology solution
Ryder System to acquire Pit Stop Fleet Service to expand retail mobile maintenance business
This acquisition aims to expand and strengthen Ryder’s Torque by Ryder retail mobile maintenance business
Arete Wealth expands clearing and custodial platform with BNY Pershing
Under the agreement, advisers at Arete Wealth will gain access to BNY Pershing X’s Wove wealth management platform
Envestnet agrees to $4.5bn acquisition by Bain Capital
The New York Stock Exchange (NYSE) listed Envestnet manages over $6 trillion in assets and oversees nearly 20 million accounts, supporting more than 109,000 financial advisers
SMArtX launches transition analysis tool to enhance portfolio efficiency
By eliminating manual calculations, the new tool allows advisers to focus more on delivering exceptional client service and fostering strategic business growth
NatWest integrates OneID for cross-border digital identity verification
The British lender has introduced OneID’s bank-verified digital identity solution for its structured finance operations in Sweden, Finland, and Norway
MetLife Investment Management launches second private equity fund with $1.2bn in commitments
Named MetLife Investment Private Equity Partners II, the fund has acquired a portfolio valued at around $860m in private equity and equity co-investment interests
MSCI and Moody’s forge alliance for enhanced ESG and sustainability insights
The collaboration will leverage their respective strengths to bring greater transparency on ESG and sustainability to markets, facilitating informed decision-making