The official announcement stated: The underlying performance was even better as 2021 included the 'one-off' revenue from a material trade of £1.5 million and gross profits of £0.8 million. Equals noted that the increase in EBITA in 2022 was also contributed by the company’s continued investment in future growth resources, including the addition of headcounts…
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The London-listed company highlighted that the strong performance was a result of a solid trading momentum throughout 2022 across all divisions of the Group. Cornerstone FS further revealed that around 78% of its total yearly revenue came from clients it serves directly, compared to 56% during the prior year. Additionally, the gross margin is expected…
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Ray Tierney, President of Broadridge Trading and Connectivity Solutions, said Using Glue42’s technology we are providing clients with a better and more seamless user experience, creating one interface for traders to access unique functionality from multiple Broadridge solutions. This new single login provides interoperability, access to the best components from multiple solutions making the trading…
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The Group acquired Avila in October 2020 to secure a Small Electronic Money Institution. The company’s primary operating subsidiary, Cornerstone Payment Solutions Ltd. (formerly FXPress Payment Services Ltd.) gained approval from the Financial Conduct Authority (FCA) as Authorised Electronic Money Institution in August 2021, which replaced the more limited license of Avila. According to the…
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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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