Tag: Investment management

Oportun secures $235m in new financing to bolster capital structure and...

Oportun, a mission-driven financial services company, has taken a significant step towards optimizing its capital structure to drive enhanced profitability.

InvestGB and Avaloq forge new partnership to transform wealth management

Gulf Capital Investment "InvestGB" has entered into a strategic partnership with Avaloq. This collaboration aims to enhance InvestGB's client service capabilities and transform its core...

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.

Wealth management software provider VRGL secures funding for growth

VRGL, a leader in client acquisition and investment proposal management solutions, has announced the completion of a new funding round.

Key investment management trends in 2024: A comprehensive GIPS compliance survey

In the world of investment management, adhering to the Global Investment Performance Standards (GIPS®) is crucial for ensuring transparency and credibility. A recent survey conducted by ACA, which included responses from 700 GIPS-compliant firms, sheds light on the current practices and concerns in performance calculations and other pressing topics within the sector.

CIBC Innovation Banking invests $10m in AI pioneer Boosted.ai for expansion

Boosted.ai, a Toronto-based company specializing in automating investment management through AI, has received a significant boost with a $10m growth capital infusion from CIBC Innovation Banking.

GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech innovator, has successfully closed a significant funding round.

HCLTech’s success with BOT and BOOT in Eastern Europe and India

HCLTech has revolutionized the way businesses expand internationally through its innovative Build-Operate-Transfer (BOT) and Build-Operate-Optimize-Transfer (BOOT) models.

Haruko secures $6m to bolster digital asset management in Southeast Asia

Haruko, a pioneering digital asset investment management platform, announced today a significant $6m funding round as part of its strategic expansion into Southeast Asia.

Beyond spreadsheets: The impact of automation in financial analytics

As the financial sector continues its rapid transformation, the integration of sophisticated automation in financial analytics is increasingly paramount. A Forbes study indicates that up to 25% of routine, information-based tasks in financial services could be automated by AI.

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