Iñigo Rumayor, co-founder at Arcus, commented: Edrizio de la Cruz and I began this company to help immigrants like us have a proper way to track our finances and send money home. For nearly a decade, we have grown from those aspirations to help pave the way toward greater financial inclusion in Latin America. We’ve…
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NeoXam DataHub will enable asset managers and market participants to connect to new data sources faster and cheaper compared to legacy data management or in-house solutions. The solution addresses the challenges that come with aggregating and managing vast amounts of reference and market data in order to accurately manage and report financial positions. Philipp Sfeir,…
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Frahm noted that the acquisition will not impact FairXchange clients and employees’ everyday business. The trading analytics firm fits with United Fintech’s strategy of acquiring Capital Markets software products ready for scaling and global roll-out on its platform. United Fintech aims to help big banks and financial institutions accelerate the implementation of digital technology. Guy…
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David Vincent, Chief Executive Officer & Co-Founder at smartTrade Group, said: For both smartTrade and TickTrade customers, the combination is extremely compelling. It brings two industry-leading technologies together – one complementing the other, creating a unique breadth and depth of product capabilities. Baha Ohcebol, Co-Founder of TickTrade, commented: This is great news for TickTrade customers.…
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The official statement said: Today's announcement has no bearing on Gopher's agreement to acquire Playtech's financial trading division, Finalto. Gopher remains fully committed to the acquisition. The process is ongoing and is expected to complete in H1 2022. Yesterday Playtech revealed that JKO Play Limited is also shown interest and has inquired about due diligence…
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In its official announcement, Oval said that the two companies’ brands will become one. The UK-based fintech firm will focus on technological innovation. Oval is currently working to strengthen its team in order to reach its goals, looking for new skilled recruitments to advance the company’s development. Claudio Bedino, CMO of Oval, commented: New features…
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JKO’s interest follows a £2.7 billion acquisition offer made by Australian gambling equipment maker, Aristocrat Leisure. Gopher Investments, the largest Playtech shareholder that recently bought Finalto, also made an offer to acquire Playtech. JKO is currently in discussions with Centerbridge Partners L.P and others for the provision of capital funding for the acquisition of Playtech.…
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Among the partners and customers of the platform, GMEX has named Trustology, GCEX, SECDEX Group and Arabian Bourse. GMEX Group CEO, Hirander Misra commented: MultiHub is a unique multi-asset network of networks service that enables cross-venue, cross-participant trading, clearing and settlement of both traditional and digital assets with a single point of connectivity for both…
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Michael Grady, Head of Investment Strategy and Chief Economist at Aviva Investors, said: What's really been the game changer for us is the way in which we've been able to engage the portfolio management teams. It has allowed us to get that ‘single source of truth’ and because it's live, we have the confidence to…
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Acting Assistant Attorney General Richard A. Powers of the Justice Department’s Antitrust Division, said: Without these significant divestitures, the proposed merger would have led to higher prices and lower quality for PRA customers throughout the United States. The divestitures will preserve competition for PRA services, which are vital to the proper functioning of commodity markets…
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