Security Compass, a software security company that provides organizations technology to balance secure software development with speed to market, was recently named in the annual CyberTech100 list. Developed by FinTech Global, the 2020 program reviewed a study of over 1,000 companies to identify the top 100 most innovative CyberTech companies that every financial institution needs to know about when developing their information security and cyber resilience strategies.
A-LIGN, a Tampa-based cybersecurity and compliance firm, has hired a new chief financial officer. Michael Branca will serve in the CFO seat after serving in similar roles for over 20 years. “Michael has a depth of financial expertise and consistently delivered positive results in high-growth SaaS software companies,” Scott Price, CEO at A-LIGN, said in a statement. “His experience and leadership will take A-LIGN through our next chapter of growth as we gear up to add exponential value to the market and our clients through the use of innovative technology.”
Credorax, the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release.
The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments. The effect will be to eliminate the need for manual tasks for those functions.
The partnership will also implement the Samsung SDS Brity Works Robotic Process Automation (RPA) solution with the goal of reducing human error through automation.
Riskalyze today announced Fearless Week 2020, a first of its kind, digital event for all members of the wealth management profession, which will take place August 11-14, 2020. In response to the hundreds of industry events canceled this year, the company will host the event online and feature some of the most well-known technology providers, asset managers, firms, and industry experts for the benefit of advisors around the world. "This year's viral pandemic sparked another pandemic — one of fear. We've asked ourselves, 'how can we best stand behind the financial advisors on the front lines of helping investors make heroic decisions?'" said Aaron Klein, CEO at Riskalyze. "Fearless Week is about pouring education, resources, and encouragement into the lives of those across the profession, and we can't wait to partner with other leaders in our industry to pull it off."
Ranked by Capital under management
This List includes private equity firms with offices and operations in the Bay Area, which is defined as Alameda, Contra Costa, Marin, San Francisco and San Mateo counties. Information was obtained from firm representatives, websites and PitchBook (pitchbook.com).
#22 - FTV Capital
Sunlight Financial, a leading fintech platform for point-of-sale financing, and Tech CU, a Silicon Valley-based credit union, today announced the expansion and extension of the nation’s longest and largest residential solar loan partnership. Tech CU committed to enabling more than 80,000 homeowners to go solar via Sunlight’s network of installers because of the strong performance of Sunlight-originated consumer loans.
Security Compass, a software security company that provides organizations technology to balance secure software development with speed to market, today announced key additions to their management team. Nick Lantuh and Bob Ranaldi have been appointed to the Security Compass Board of Directors and are joined by new Advisor Milo Sprague. On the heels of Security Compass’ strategic investment from FTV Capital in January 2020, the expansion of their board and advisory members positions the company for continued growth. “Security Compass is committed to helping companies improve their time to market while building, deploying and testing secure software,” said Rohit Sethi, CEO, Security Compass. “Over 200 enterprise customers use Security Compass’ solutions to manage the risk of tens of thousands of applications, and I am confident that the expansion of our leadership team positions Security Compass to accelerate our goals.”
Siebert Financial Corp will implement InvestCloud's full suite of applications, ranging from intuitive client-facing portals and mobile apps, to back-office operational automation. Siebert and InvestCloud will apply a multi-phased conversion to seamlessly achieve full digital transformation. The first two phases will focus on enhancing the digital client experience through an online platform, providing a full suite of apps, offering robo advisory/managed portfolios, streamlining back-office processes and centralizing data and reporting.
OpenSesame, the elearning innovator, announced American Management Association (AMA) has been added to its popular OpenSesame Plus subscription to expand the leadership, management, and business skills offering. Global 2000 companies leverage the OpenSesame Plus subscription with over 7,500 curated courses — now including AMA's real-world scenario-based courses — to develop learners' leadership and soft skills. Since 1923, organizations worldwide, including the majority of the Fortune 500 companies and most government agencies, have turned to AMA as their trusted partner in professional development and draw upon its experience to enhance skills, abilities, and knowledge with noticeable results from day one.
OpenSesame, the elearning innovator, announced the addition of Ideas for Leaders to its popular OpenSesame Plus subscription to expand the business skills offering with actionable insights from the research of top business schools.
Enterprise companies leverage the OpenSesame Plus subscription with over 7,500 curated courses—now including Ideas for Leaders’ research-based animated courses on an exclusive basis—to develop learner’s leadership and soft skills. Academic research can often be complex. However, Ideas for Leaders presents findings in an accessible and digestible format using high-quality animations and engaging learner interactions.