Industry News

FloodFlash, a parametric flood insurance company that pays catastrophic floor claims fast, has entered the US insurance market.

In the realm of technological infrastructure, the decision between deploying on-premises servers or cloud services is pivotal. This choice is not just a technicality but a strategic move that shapes a company's operational efficiency and financial outlay.

The mortgage space is in a rough patch. Interest rates are rising, and firms are writing fewer loans. This is likely to be the picture for the next year or two. The industry is changing and reacting to the uncertainty of the market.

The U.S. Securities and Exchange Commission (SEC) introduced a significant regulatory update on August 24, 2023, impacting private fund advisers through the adoption of the Private Fund Adviser Rules. This regulatory shift comprises several key components aimed at enhancing transparency and safeguarding investor interests. Among these, the Adviser-led Secondaries Rule and the Annual Fund Audits Rule stand out for their direct impact on fund management practices, accompanied by the amendment to the compliance review documentation requirements.

CrowdX, a FinTech providing marketplaces and liquidity solutions for private firms, has acquired trading platform J P Jenkins for an undisclosed fee.

Goldman Sachs Asset Management has expanded its sustainable investment offerings with the launch of the Goldman Sachs Global Green Bond UCITS ETF.

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.

The ISSB is poised to finalise its Inaugural Jurisdictional Guide by mid-year, marking a stride towards global consistency in sustainability.

Mondu, a B2B payments firm, has launched a new solution for B2B merchants offering flexible payments on every sales channel.  

In an increasingly interconnected world, economic and trade sanctions serve as powerful tools wielded by governments and organisations.