January 27, 2020

Riskalyze Announces “Regulation Best Interest” Solution at FSI OneVoice

Riskalyze today announced brand new functionality and workflows as upgrades to its Riskalyze Select and Elite products to help financial advisors and wealth management enterprises address all four components of the new Regulation Best Interest (Reg BI) rule that is expected to take effect later this year. Riskalyze gives advisors the ability to assess client risk tolerance, build a proposal through a proprietary Reg BI-compliant workflow, attach and document the delivery for Form CRS with those proposals, implement them via Trading Automation, and give home offices visibility into the process with a configurable enterprise dashboard.

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January 24, 2020

SMB Lender Liberis Raises £32M

Liberis, a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City A.M. The company will use the money to support its growth, as well as expand further into Europe and the U.S. It also has plans to expand its workforce by 30 percent. This is the first time that Liberis has raised institutional equity funding. The round was led by investment firm FTV Capital. So far, Liberis has raised more than £150 million in debt and equity funding. The FinTech has offices in Denver, London and Stockholm.

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January 23, 2020

Manning & Napier Selects InvestCloud to Lead Digital Transformation

Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced it has selected InvestCloud to lead the firm's digital transformation. The firm will utilize InvestCloud's full suite of applications, ranging from back-office operations to client-facing websites. The multi-phased conversion will focus on enhancing the digital client experience, streamlining back-office processes, and centralizing performance data and reporting.

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January 22, 2020

Top Women in WealthTech 2020: Lori Hardwick of Riskalyze, RedRock

She's often "reminded of the struggles some younger women in our field continue to deal with, and it fuels my passion." Accomplishment(s): I am very proud of the fact that I was named chairman of Riskalyze this past year. It has always been a passion of mine to enhance how advisors work with their clients, and there are many things we’re working on at Riskalyze to make that a reality for tens of thousands of advisors every day.

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January 21, 2020

Security Compass CEO Sets DevSecOps Strategy

Security Compass, a provider of tools for streamlining risk analysis, has appointed Rohit Sethi to be its CEO after receiving additional funding from FTV Capital. Security Compass founder and previous CEO Nish Balla will remain on the board of directors. Previously, Sethi was the COO for Security Compass. The company declined to disclose the amount of funding provided, but Sethi said Security Compass is now in a better position to be more aggressive in terms of expanding the scope of its sales and marketing initiatives, including developing a channel partner ecosystem, now that the company is no longer operating on “bootstrap” basis.

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January 21, 2020

EBANX in PaymentsSource: How international e-commerce is changing digital payments in Brazil

Ebanx isn't new to the payments technology game in Latin America, having focused on cross-border e-commerce technology a few years ago to allow consumers in that region to make purchases from international merchants. What the Brazil-based fintech startup is fairly new at is how to quickly change its stripes to take advantage of the changing digital payments landscape, something that other payment processors and technology providers have been doing in other countries as a regular part of business. But Ebanx is catching on fast.

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January 15, 2020

Brazilian fintech Ebanx launches digital wallets for consumers

Payments startup Ebanx, one of Brazil’s latest fintechs to achieve “unicorn” status, on Wednesday began offering its digital wallets to 10,000 consumers on a test basis, expanding its product portfolio beyond services to e-commerce platforms. Founded in 2012, Ebanx initially focused on processing payments from Brazilian clients of global websites like Alibaba Group Holdings’ AliExpress retail service, homesharing site Airbnb and music-streaming service Spotify Technology. More recently it started to offer payments processing services to Brazilian e-commerce platforms as well.

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January 15, 2020

GigaSpaces Wraps up 2019 with Record Revenues and Triple Digit Growth for InsightEdge Real-Time Analytics Processing Platform

GigaSpaces, the provider of InsightEdge, the fastest in-memory real-time analytics processing platform, announced today its 2019 results; doubling annual recurring revenues and tripling its InsightEdge customer base. In 2019 GigaSpaces signed up new finance, insurance, and transportation customers across the globe and launched new products and partnerships that are driving mission-critical, time sensitive applications and services for optimized operations, adherence to regulations and exceptional customer experience.

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