Under the acquisition agreement, United Fintech will onboard Cobalt, its clients and employees onto its platform. However, Cobalt will continue to operate as a standalone company. Christian Frahm will serve as the new Chairman of Cobalt and Cobalt’s co-founder & Chief Product Officer Andrew Coyne and CEO Darren Coote will remain in leadership of the…
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Mike Alexander, President of Wealth Management, Broadridge, said: Broadridge’s partnership with IntraFi expands the availability of securities-based lending to previously underserved parts of the market — community and regional banks, independent broker-dealers, and unaffiliated advisors and RIAs.This innovative joint solution for banks brings more capital to bear in the securities-based lending business and increases the…
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The Group’s board of directors noted it expects the full-year results to exceed current market expectations. Meanwhile, the company has continued to invest in connectivity, technology, and product development. Furthermore, the official announcement noted it has strengthening its resources in marketing, sales and compliance. Strafford-Taylor added: We continue to invest in people, products and technology…
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The new solution is a significant addition to the cross-border proxy voting service for France-based investors, Broadridge and SLIB launched in December 2021. Firms using Broadridge and SLIB’s new solution will be able to take advantage of an efficient, streamlined process throughout the vote processing lifecycle which includes the capture and distribution of golden copy…
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Operating income for Q3 reached $333 million, registering a 5% increase compared to the second quarter. Charles Meyers, the President and CEO of Equinix, said: We had another record quarter as global demand for digital infrastructure continues to grow and customer preferences trend convincingly toward architectures that are highly distributed, persistently hybrid, deeply cloud-connected, and…
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The funding comes at a period of fast growth. The company pointed out that its revenue has significantly grown in the past 12 months, but it did not reveal any numbers. The investment will help BMLL expand its data coverage across global markets. The funding will support investment in acquiring new global data sets and…
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Kentaro Okuda, Nomura Holdings, Inc., President and Group CEO, said: Staying at the forefront of digital innovation is a key priority for Nomura. This is why, alongside our efforts to diversify our business, we announced earlier this year that Nomura would be setting up a new subsidiary focused digital assets1. We look forward to sustainable…
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Additionally, Broadridge noted that the integrated solution allows NYFIX clients to route order flow to Coinbase Prime via FIX, an industry standard protocol. US domestic clients are already being offered the solution and the company said that additional regions will be added as regulations allow. Ray Tierney, President of Broadridge Trading and Connectivity Solutions, added:…
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According to the official announcement, E-commerce volume has increased by over 50% since the beginning of the pandemic. With that growth come customer requirements for safety. The Visa Token Service replaces the 16-digit Visa account numbers with a digital token only Visa can unlock, helping to protect the underlying account information. Forestell added: This milestone…
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Full year The total revenue during the financial year 2021 reached $5,709 million, 10% higher than 2020 when it was $4,994 million. The operating income stood at $760 million for the year, 12% higher than the previous year. The company also reported that the adjusted operating income was $1,006 million registering a 18% increase. Diluted…
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