Sam Boughedda
LeapRate Analyst
Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
May 14, 2025 BY Sam Boughedda

Broadridge Awarded New Patent on LLM Orchestration of Machine Learning Agents

The firm said in a press release that the technology underpins BondGPT, Broadridge’s generative AI application integrated into the LTX electronic trading platform, and its enterprise version, BondGPT+. Released in 2023, BondGPT and BondGPT+ are said to allow corporate bond traders, portfolio managers and analysts to query complex datasets using natural language.  Broadridge explained that…

Read more
May 14, 2025 BY Sam Boughedda

eToro IPO Priced at $52 a Share

The shares are set to debut on the Nasdaq Global Select Market on 14 May under the ticker symbol "ETOR".  The IPO is expected to raise approximately $620 million, valuing the stock and cryptocurrency trading platform at around $4.2 billion. Founded in 2007, eToro has established itself as a major player in retail investing, competing…

Read more
May 13, 2025 BY Sam Boughedda

ABN Amro Appoints Yorick Naeff as Head of Innovation

The move is effective 1 February 2026. Naeff, who was previously an “entrepreneur in residence” at Techleap, is currently CEO and co-founder of Dutch investment platform BUX.  He has nearly two decades of experience in the financial sector, including previous roles as a strategy consultant and senior manager at ING.  “With his strong vision and…

Read more
May 13, 2025 BY Sam Boughedda

The Stock Exchange of Thailand and Nasdaq Expand Strategic Partnership

The move, which is also expected to reinforce SET’s role as a regional financial hub, will see it promote the adoption of Nasdaq’s advanced risk and surveillance platforms across its member community.  The initiative builds on SET’s prior deployment of Nasdaq technology and aims to drive consistency and transparency across Thailand’s capital market infrastructure. “This…

Read more
StoneX
May 13, 2025 BY Sam Boughedda

StoneX to Acquire Brokerage Plantureux et Associés

The deal will see StoneX’s subsidiary, StoneX Financial Europe GmbH, take over the Paris-based firm. Plantureux et Associés, with nearly four decades of experience in agricultural commodities, is seen as a well-established intermediary in France’s cereal market.  The firm operates across both physical and derivatives markets and is known for its deep industry expertise and…

Read more
May 12, 2025 BY Sam Boughedda

BBVA Expands Agreement with OpenAI

The company has made the move as it plans to scale generative AI across the business. The Spanish banking group first partnered with OpenAI in May 2024, trialling the secure enterprise version of ChatGPT to streamline internal operations and boost innovation. One year on, the bank said that over 80% of licensed users report using…

Read more
IG Group office1
May 12, 2025 BY Sam Boughedda

IG Group Sees FY25 Revenue, Pre-Tax Profit Meeting or Exceeding Upper End of Guidance Range

The company made the announcement in a fourth-quarter trading update, saying the updated forecast has been driven by elevated client trading activity in the fourth quarter. The trading platform cited higher-than-expected volatility across several asset classes, particularly in April, which boosted activity.  Market consensus currently estimates FY25 revenue at £1.05 billion and adjusted pre-tax profit…

Read more
May 12, 2025 BY Sam Boughedda

Paysafe and Fiserv Expand Long-Term Partnership

The enhanced partnership will focus on capital access, fraud protection, and digital wallet services. As part of the collaboration, Paysafe will integrate Fiserv’s Clover Capital solution, enabling SMBs to access funding more easily to support growth.  The partnership is also expected to see Paysafe adopt Fiserv’s Data-as-a-Service platform to bolster fraud prevention capabilities, further safeguarding…

Read more
SEC
May 09, 2025 BY Sam Boughedda

SEC Announces Settlement Agreement With Ripple and Two Executives

The move potentially ends a long-running civil enforcement action filed in December 2020. Under the terms of the agreement, the SEC and Ripple will jointly ask the district court to consider dissolving an injunction imposed in an August 2024 judgment and to release funds held in escrow.  That escrow account currently holds a $125 million…

Read more