Ortec Finance has launched GLASS PRISM, an artificial intelligence-powered Strategic Asset Allocation (SAA) tool built to help insurers optimise their investment portfolios in ways that traditional methods have been unable to deliver.
The platform is underpinned by a proprietary Scenario-Based Machine Learning (SBML) methodology, which trains AI models using thousands of simulated economic scenarios produced by Ortec Finance's GLASS ALM...
In the fast-moving Excess & Surplus (E&S) market, launching a new line of business typically takes anywhere between 12 and 18 months. Legacy system constraints and complex integration requirements mean that speed-to-market often remains an ambition rather than an achievable reality for most carriers.
IntellectAI, which offers AI-powered technology for wealth and insurance firms, recently released a case study showing...
Prometeia, an advisory and digital solutions provider serving asset managers, banks, insurance companies and financial advisers, has launched an integrated offering focused on private markets. The new offering comes as investments in private markets now account for approximately 9.5% of institutional investors' assets, representing a 56% growth between 2020 and 2024, it said. The launch consolidates and expands Prometeia's advisory...
The Financial Conduct Authority (FCA) has confirmed a sweeping overhaul of its incident and third-party reporting requirements, making existing frameworks clearer, more consistent, and easier for firms to follow.
The changes, published on 18 March 2026, give regulated firms 12 months to prepare before the rules come into force on 18 March 2027.
The regulatory update comes amid a sharp rise...
TransFi, a global payments infrastructure company building on stablecoin rails with a focus on emerging markets, has closed a $19.2m financing round. The raise comprises a $14.2m Series A equity round and a $5m committed liquidity facility, led by Turing Financial Group, a strategic investor in digital payments and financial infrastructure. The funding is intended to support TransFi's mission to modernise...
RAVEN.IO, a cybersecurity firm that protects applications at runtime and blocks both known and unknown attacks as they occur, has raised $20m in funding. Norwest led the seed round, with Elron Ventures heading a follow-on post-seed investment. Additional backers include RedSeed, UpWest, SentinelOne, Jibe Ventures, Dnipro VC, Unusual Ventures, CyberFuture and Descope CEO Slavik Markovich. The capital will be used to...
Artificial intelligence is entering a new phase in financial services, moving beyond analysis and automation into execution. Known as agentic AI, this next-generation of technology is emerging, and while earlier tools focused on generating insights, this new class of systems can take action, manage workflows, and support decision-making in real time. In an all-encompassing guide, dynamic AI decisioning platform Earnix,...
The Prudential Regulation Authority (PRA) has published a consultation paper setting out proposals to modernise the UK's bank liquidity standards, with the aim of ensuring institutions can rapidly convert liquid assets into cash during fast-moving stress events — lessons drawn directly from the collapse of Silicon Valley Bank (SVB) in 2023.
The proposals, published on 17 March 2026, are designed...
Manifold, an AI detection and response platform designed to secure autonomous AI on enterprise endpoints, has closed an $8m seed funding round.
The round was led by Costanoa Ventures, with participation from Cherry Ventures, Rain Capital and Modern Technical Fund. A number of notable angel investors also took part, including former Uber CSO Joe Sullivan and former Google DeepMind CISO...
Digital health platforms often launch with strong engagement. Users are motivated, they explore features, and they respond well to guidance on healthier lifestyles. Over time, however, that momentum can fade. Many users gradually return to familiar routines, leaving platforms struggling to maintain long-term engagement.
According to dacadoo, this challenge is increasingly being addressed through structured reward systems. Research across healthcare,...
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