Industry News

XM Cyber, a leader in hybrid cloud security, has acquired cyberattack detection and response company Confluera for an undisclosed fee.

Over the past few years, the actions of the SEC have made it increasingly evident that the financial services sector, particularly the buy-side industry, is facing heightened scrutiny over its recordkeeping practices.

Redington, an investment consultancy, has unveiled a platform designed to enable asset holders to take greater control of stewardship. 

Ramp, a prominent US-based spend management FinTech, has successfully completed a Series D-2 funding round, raising $150m.

Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, has completed its acquisition of global investment firm Vista Equity Partners.

Thunes has entered into a definitive agreement to acquire Tilia, a comprehensive payments platform specializing in the online gaming sector.

TerraPay, a global payments infrastructure business, has scored over $100m in  its Series B equity financing round.

Nature Action 100 has introduced benchmark indicators for evaluating the nature-related ambition and action of its 100 companies.

The transaction value of recurring payments will exceed $15.4trn globally in 2027, rising from $13.2trn in 2023, according to a report from Juniper Research.

In an era marked by rapid technological advancements and evolving regulatory landscapes, the financial services industry faces ever-increasing pressure to maintain robust compliance standards.