All articles by Swagath Bandhakavi

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