Floodbase, a parametric flood risk insurance platform, and Liberty Mutual have launched an instant quoting application for parametric flood (re)insurance in the US commercial market. The solution allows wholesale and retail brokers to price parametric flood covers in minutes using Liberty's pricing engine, powered by a new Floodbase API. The tool targets the high-volume small to midsized commercial market, where...

Large financial institutions are under mounting pressure to modernise their AML programmes. As financial crime grows more sophisticated and regulators demand stronger oversight, traditional legacy systems are struggling to keep pace. Built decades ago, many of these platforms rely on rigid coding, long deployment timelines and constant IT intervention, said Flagright. In contrast, a new wave of no-code AML platforms...

MSCI, a leading provider of investment decision support tools, has launched new artificial intelligence connectors. The new connectivity framework allows clients to engage with MSCI's data via the MSCI ONE cloud-based platform or through major AI providers, including the MSCI app in OpenAI's ChatGPT and the MSCI connector in Claude. The first solution built on this framework is MSCI IndexAI Insights,...

If 2025 marked the breakout year for prediction markets, 2026 is shaping up to be the year of regulatory reckoning. What began as a niche financial innovation has rapidly evolved into a flashpoint across the US gaming, regulatory and political landscape. According to Vixio, the launch of sports event contracts by Kalshi under federal derivatives rules has triggered a...

Ortec Finance, a provider of financial decision-making technology, has appointed Jamie Holland as senior client manager within its Global Wealth Solutions team in the UK, effective 1 March 2026. Holland joins from Rathbones, where he held the role of technical manager. A Chartered Financial Planner, he brings more than a decade of experience in financial services, with a background spanning...

Sovos and Label have announced a partnership aimed at delivering comprehensive CARF reporting capabilities for digital asset platforms. Through Label CARF + Sovos 1099-DA, the companies are offering a global solution to help platforms comply with the OECD’s CARF rules, which will require reporting of digital asset transactions from 2027 for the 2026 tax year in participating jurisdictions. The partnership...

Thema, a portfolio expansion infrastructure platform for private equity investors, has raised $6.2m in combined funding. The raise comprises $4.5m in pre-seed capital led by Stride.vc, with participation from KDX, Capital Allocators, and a group of angels spanning private equity, investment banking, and enterprise software — including the former chair of KPMG. Separately, Thema has been awarded a $1.7m UK government...

Experian has acquired AtData, a data and intelligence firm recognised for its comprehensive email insights technology. The acquisition is designed to enhance Experian’s digital identity and fraud prevention capabilities. By incorporating AtData’s verified, real-time email insights into its existing infrastructure, Experian aims to provide clients with stronger identity authentication, improved fraud mitigation and more effective consumer engagement across digital channels. Experian...

At the close of 2025, Zillow, the largest residential property listing platform in the United States, quietly withdrew its climate risk scores from property listings. According to Consilient, the move reportedly followed complaints from estate agents and homeowners who argued that the ratings were skewing perceptions of value and undermining sales activity. Zillow had been publishing climate risk indicators directly on...

General Magic, an AI agent platform for the insurance industry, has closed a $7.2m seed funding round, bringing its total raised to $8.4m. The round was led by Radical Ventures, with significant participation from a16z Speedrun, alongside new investment from Figma vice president of product Brendan O'Driscoll and Larry James Erwin from OpenAI. Comma Capital and a number of prominent...