Category: Institutional

LSEG to increase its majority shareholding in LCH Group
January 19, 2018 BY Valentina Kirilova

Exactpro announces management buyout from London Stock Exchange Group

Exactpro Systems Limited and its subsidiaries (Exactpro), announced that EXPLORE123 Limited, a company incorporated by the founders of Exactpro, has completed the acquisition of Exactpro from the London Stock Exchange Group (LSEG) on undisclosed terms. Exactpro is a specialist firm currently employing over 560 staff focused on functional and non-functional testing and software development of…

Read more
CLS Group trading volumes
January 18, 2018 BY Valentina Kirilova

CLS Group total volumes down 7% MoM in December

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of December 2017. The average daily traded volume submitted to CLS in December was USD1.562 trillion, down 6.9 percent from USD1.677 trillion in November 2017. December 2016 November 2017 December 2017 Average…

Read more
January 18, 2018 BY Valentina Kirilova

MiFID II winner: Investment research tech outfit Visible Alpha gets $38M led by Goldman Sachs

Visible Alpha today announced that it has secured an additional $38 million of equity financing. The company will use this investment to fuel its growth and maintain its position among firms driving efficiency, transparency and alpha generation in the institutional research process and helping solve for the research valuation and budgeting requirements of MiFID II.…

Read more
safecharge results
January 18, 2018 BY Valentina Kirilova

SafeCharge reports record Revenues in Q4-2017, December volumes top $1 billion

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has just provided the following pre-close trading update for the year ended 31 December 2017. The Group generated record revenues and transaction processing volumes in Q4, with the latter exceeding US$ 1 billion for the first time in December. This excellent Q4 performance followed a…

Read more
DFSA launches Cyber Threat Intelligence Platform
January 17, 2018 BY Valentina Kirilova

Barbican Insurance Group partners with FICO to enhance cyber underwriting

Silicon Valley analytics firm FICO today announced its partnership with Barbican Insurance Group, a multi-platform insurance group that underwrites business predominantly through its syndicates at Lloyd's of London, and which provides global cyber insurance coverage to its insureds. Barbican will use the FICO® Enterprise Security Score to measure the cybersecurity risk of insureds, and will…

Read more
acquisition
January 16, 2018 BY Valentina Kirilova

Houlihan Lokey acquires Quayle Munro Ltd and establishes a new global data & analytics group

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it has agreed to acquire Quayle Munro Limited (Quayle Munro), an independent advisory firm that provides corporate finance advisory services to companies underpinned by data & analytics, content, software, and services. The agreement was signed on January 15 and is expected to close following…

Read more