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Quantexa Secures $129 Million Funding to Drive Product Innovation and Global Growth
Quantexa, a decision intelligence and AI provider, has completed a $129 million Series E funding round. This investment secures the UK company’s unicorn status – a privately held startup with a value over $1 billion – with a valuation of $1.8 billion, and will accelerate execution of its growth strategy. The round was led by…
Vancity Investment Management Extends Bloomberg Stack with PORT Enterprise
Vancity Investment Management, one of the first wealth management firms in Canada to focus on investments that deliver competitive returns while making a positive impact on the world, has adopted PORT Enterprise, Bloomberg’s advanced portfolio and risk analytics solution, along with Bloomberg Data License, the technology that delivers Bloomberg’s data content sets across the enterprise…
Strategy and Tools for Tracking Licensed Data Within Financial Services
By Neil Sandle, Head of Product Management, Alveo. Indices are tools used to track how asset classes, industry sectors, market segments, and a host of other physical and virtual sets of data perform over time. Leading examples can be found in the realm of financial services, in particular with stock markets, where the FTSE 100,…
How to Achieve Successful Data Transformation for Long Term Business Value
Demonstrating business value from data transformation pivots on quick wins with measurable outcomes, a focus on data quality, developing a strong data culture, ensuring management buy-in, and dealing with everyday change such as the forthcoming implementation of Consumer Duty Regulation. A CDO panel at A-Team Group’s recent Data Management Summit London dived into the detail…
KX Offers Data Timehouse Platform on Microsoft Azure
FD Technologies, which acquired Kx Systems in 2018, has announced general availability of kdb Insights Enterprise on Microsoft Azure, an enterprise ready, real-time analytics engine with the kdb time series database (kdb) at its core, and running natively on Azure. FD says the solution represents the industry’s first Data Timehouse, a new class of data…
Exchange Data International Extends Provision of Corporate Actions Data
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has introduced UK FundsCAB Service to further extend its investment funds coverage. The service covers over 13,700 share class funds from 200 fund management companies to provide comprehensive corporate actions data. Users can access corporate actions as soon as…
Snowflake Sets Up in Indonesia
Snowflake has extended its reach to Indonesia, bringing the Data Cloud to customers and partners in the country. The company expects its services to be available in the AWS Asia Pacific (Jakarta) Region in April 2023, enabling customers and partners to accelerate migration to the Data Cloud.
Linedata Opens Office in Singapore
Linedata, a global provider of credit and asset management technology, data and services, has opened a new office in Singapore, strengthening its presence in the APAC region following an increase in client need. The company already has presence in Hong Kong and India, with its expansion to Singapore a priority in its development strategy. Linedata…
A-Team Group Names Winners of Innovation Awards 2023
A-Team Group has named the winners of its prestigious Innovation Awards 2023. The awards, now in their third year, celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. This year’s platinum award winners include Moody’s Analytics…
Verne Global Scales Data Centre Benefits that a Small-town Pool Already Enjoys
What is the link between financial institutions, the war in Ukraine, Iceland’s volcanic landscape and a public swimming pool in a small Devon town? At first glance, they may seem like a disparate collection. But a closer inspection reveals a deep connection to data – and the key to the puzzle is found within the…