Optalitix has entered into a strategic partnership with Dutch managing general agent Intermont to modernise its pricing and underwriting operations and support the MGA’s digital transformation. The collaboration will also serve as a flagship deployment for Optalitix in the Netherlands as the InsurTech provider expands its European footprint. Under the agreement, Intermont will implement Optalitix Quote and Optalitix Models to replace...

fincite has made its cios platform available in the Microsoft Azure Marketplace, marking a further step in the company’s push to simplify digital wealth management for financial institutions and advisors. The Azure Marketplace acts as a central online store where organisations can discover, purchase and deploy applications and services that are certified to run on Microsoft’s Azure cloud infrastructure. The listing...

Legal engineering is gaining traction as a new way of applying legal expertise at scale, and Norm Ai has been at the forefront of shaping this approach. Rather than relying on traditional, manual legal analysis, legal engineering blends legal judgement with artificial intelligence to operationalise regulations across complex, regulated industries. Norm Ai recently delved into what legal engineering is and...

Regulators across Europe and Australia are continuing to reshape how foreign firms access local markets, with a growing emphasis on clearly defined entry routes, supervisory oversight and structured reporting. Zeidler Group, which offers compliance tools for investment funds law, recently delved into the key regulatory shifts to watch.  While market access remains open in principle, recent developments signal a more disciplined...

Gulmohar Capital Partners, a long-term investment firm, has announced the launch of GRCS Trust, a permanent-capital platform backed by $30m of initial committed capital to acquire and scale software businesses across the governance, risk, compliance and security ecosystem. GRCS Trust has been established to pursue a long-term buy-and-build strategy, targeting lower mid-market software companies that support the offices of the...

Onsetto, a FinTech platform designed to help financial institutions capture the core operating account and establish primacy with business customers, has raised $2.2m in a Series Seed funding round to accelerate product development and expand its go-to-market efforts. The funding round was led by EJF Ventures, with participation from Idea Fund of La Crosse, The Perch Fund, and Minneapolis-based angel...

MAIA Technology, a London-based portfolio management software provider, has raised £4m in a Series A funding round led by Molten Ventures, as it looks to accelerate product development and expand its presence across the investment management sector. The funding round was led by Molten Ventures, a venture capital firm focused on high-growth technology businesses, with Mountside Ventures acting as adviser...

MagicCube, a software-based security provider for payments and device integrity, has raised $10m in new funding to support its expansion beyond tap-to-phone technology into areas including biometrics, identity verification and AI-driven device security. The funding round includes new strategic investment from Verifone, alongside continued backing from existing investors Bold Capital, Mosaik Partners and ID Tech. MagicCube also confirmed participation from...

GenAI has moved quickly from experiment to execution across financial services, but the compliance desk remains one of its toughest tests. While generative models promise faster interpretation of regulations, risks, and controls, trust is still constrained by concerns over explainability, accountability, and regulatory defensibility. As compliance teams face mounting pressure to do more with fewer resources, the question is...

Global private markets have expanded rapidly over the past decade and a half, prompting renewed scrutiny from policymakers concerned about financial stability and access to finance for smaller businesses. According to new findings from the House of Lords Financial Services Regulation Committee, assets under management in private markets have risen from less than $4tn in 2008 to around $16tn today,...