A-Team Insight Author: A-Team
Singapore-Based GRC Solutions Provider Xcelerate Secures Funding for Acquisitive Growth
Xcelerate, a Singapore-headquartered provider of governance, risk and compliance (GRC) solutions to industry sectors including capital markets, has secured an equity funding round with participation from funds managed by Altair Capital and Exacta Capital Partners. Co-founders, management and select existing shareholders of Xcelerate also participated in the funding, which will be used to finance acquisitions...
Overbond Integrates Neptune Networks’ Axe Data to Boost Fixed Income Trading Analytics and Automation
Overbond, the fixed income data, analytics and trade automation solutions provider, has announced the integration of axe data from Neptune Networks Ltd., the pre-trade market utility for fixed income assets. This strategic move aims to build upon the capabilities of Overbond’s analytics and trade automation tools for mutual buy-side clients. With the integration, Overbond will...
HSBC Extends Partnership with Silent Eight to Include AI-based Transaction Screening Solutions
HSBC has expanded its partnership with Silent Eight, a RegTech firm that partners financial institutions to fight financial crime, with the implementation of the company’s Automated Alert Closure for Transactions, a solution that automates investigation and resolution of alerts in real time. The company already provides HSBC with name screening and adverse media automation solutions....
Napier AI Plans Growth Following £45 Million Investment from Crestline Investors
Napier AI, a London-based financial crime compliance RegTech, has received a £45 million investment from US-based institutional alternative asset manager Crestline Investors. The investment will be used to accelerate Napier AI’s business expansion in coming years and enable the company to continue developing and providing financial institutions with next-generation screening and monitoring solutions powered by...
Saifr Acquisition of Giant Oak Solution Adds Adverse Media Screening and Monitoring
Saifr, a Fidelity Investments company, plans to extend its RegTech capabilities with the acquisition of GOST, an AI platform developed by Giant Oak to deliver adverse media screening and monitoring. The addition is expected to provide financial institutions with broader functionality across regulatory intelligence, due diligence, risk management analytics and continuous monitoring, and help them...
Beyond Licence Fees: Key Considerations for Lowering TCO in Financial Data Management
By Neil Sandle, Chief Product Officer, Alveo. New technologies can significantly reduce the total cost of ownership (TCO) for financial data management platforms, with considerations going beyond the vendor licence fee and encompassing the full scope of TCO. Understanding your data management TCO requires evaluating key factors with solution providers, including the technology stack’s quality,...
What’s Behind Trading Technologies’ Agreement to Acquire ATEO?
In a significant move that will augment its post-trade services, Trading Technologies International, Inc. (TT), the global capital markets technology platform provider, recently agreed to acquire ATEO SAS, specialists in post-trade solutions for listed derivatives. The acquisition marks a pivotal step for TT in extending its capabilities into clearing and other essential middle-office technologies and...
ESG Integration Hurdles, and Spreadsheets, Worry Data Experts
Resourcing constraints and fragmented business practices are holding back companies from integrating ESG processes into their operations. They are also still relying on manual data management to meet their ESG obligations. These findings, presented in a recent study of corporate ESG preparedness by KPMG, point to potentially dire consequences for financial institutions that use data...
Malaysia Assurance Move Highlights Growing Taste for ESG Data Audit
Malaysia has become the latest country to stress data assurance in its proposal for a broad sustainability reporting framework, highlighting the increasing importance being placed globally on ESG data audits. The government in Kuala Lumpur included assurance support in its touted National Sustainability Reporting Framework for Malaysia (NSRF), consultations on which were launched this week....
S&P Global to Acquire Data and Analytical Solutions Specialist Visible Alpha
S&P Global has reached an agreement to acquire Visible Alpha, a provider of industry and segment consensus data, sell-side analyst models and analytics from high-quality, exclusive sources. The acquisition will create a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence’s Capital IQ Pro research and analysis platform. Visible Alpha provides consensus...