Tieto, a European software and technology consulting company, has agreed to acquire Spain-based OpenSpring and GrupoOnetec as part of its ambition to expand across Europe and strengthen its presence in key verticals. The acquisition is aligned with Tieto’s strategy to become a European market leader within selected industries, with Spain identified as an attractive growth market. The country is seen...

Hawk, a specialist in AI-powered anti-money laundering, screening and fraud prevention, has launched Analytics Studio, a new solution designed to help banks and payment companies manage the full lifecycle of their AI models with greater oversight and regulatory confidence. As artificial intelligence adoption accelerates across financial services, financial crime and compliance teams are under increasing pressure to ensure their AI...

Ryan, a global tax services and software provider, has announced a significant minority investment from Neuberger Berman Capital Solutions. The company confirmed that Neuberger Berman Capital Solutions, together with funds managed by Neuberger Berman Private Markets, has committed to acquiring a minority equity interest in the business. The investment will see Neuberger join Ryan’s current shareholders and long-term strategic partners,...

BridgeWise, an AI-driven investment intelligence provider, has announced a new international partnership with Ultumus, a specialist in index and ETF data and technology infrastructure, to significantly expand global ETF intelligence coverage within its FundWise solution. The partnership will see Ultumus’ modern, cloud native ETF data infrastructure form a core backbone supporting BridgeWise’s ETF and index operations. Through the collaboration, FundWise will...

Gresham House Ventures, a growth equity investor backing software and technology-enabled businesses, has made a £4.5m follow-on investment into ARKK, a financial automation and regulatory reporting platform focused on supporting the Office of the CFO. The latest funding sees Gresham House Ventures doubling down on ARKK, having already made two previous investments in the business since 2019. The investment is intended...

Wint Wealth, an India-based online bond portfolio platform enabling retail participation in corporate bonds, has reportedly secured INR 250 Cr ($27m) in Series B funding to expand its offerings and scale operations. The funding round was led by Vertex Ventures SEA and India, with participation from existing investors 3one4 Capital, Eight Roads Ventures, Arkam Ventures and Rainmatter, according to a...

Alpaca, a US-headquartered provider of brokerage infrastructure APIs, has raised significant new funding to accelerate its global expansion.

UK and EU regulators have taken a significant step towards strengthening cross-border supervision of critical third parties by signing a new Memorandum of Understanding (MoU) focused on operational resilience and financial stability. The agreement brings together the Financial Conduct Authority, the Bank of England and the Prudential Regulation Authority with the European Supervisory Authorities, creating a formal framework for cooperation...

As digital communication channels multiply, financial services firms are facing a growing compliance challenge that goes beyond regulatory interpretation or tooling gaps. Conversations are no longer confined to a single medium. According to Theta Lake, they now span voice calls, video meetings, chat platforms, email, shared files and AI-generated interactions, often within the same customer or employee journey. Yet despite...

Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90 per cent of insurers are expected to implement some form of AI. That figure sounds impressive until you consider that only around seven per cent are likely to move beyond pilot programmes. The challenge is...