Latest Investment products News: Finextra Research

NEX Exchange announces new investors

NEX, a financial technology company at the centre of global markets, announces today that it has agreed commercial terms with a number of investors to invest new funds into NEX Exchange.

24 September 2018

Company update/Investment products

Insurtech funding reaches new high, says WTW report

A total of 71 InsurTech funding transactions during the second quarter of 2018 marks a record high; however, the total of $579 million invested is down 20% against the prior quarter, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, the leading global advisory, broking and solutions company, (NASDAQ:WLTW).

20 September 2018

Company update/Investment products

Online investment platform Primary Bid raises £2m in funding

Primary Bid, the online platform that enables retail investors to gain access to discounted equity offerings of publicly listed companies, today announced that it has closed a £2 million investment round led by funds managed by Lombard Odier, family offices and a series of angel investors.

20 September 2018

Company update/Investment products

XTrend launches new 'copy trading' feature

Since its launch in March 2018, XTrend has become a popular trading platform in Europe, where with its Nano trading capabilities, traders can learn and enjoy trading with just a $5 investment.

20 September 2018

Company update/Investment products

VTFinTech joins OpenFin platform

VTFinTech, the technology provider of portfolio management and research evaluation services, today announced that it has joined the OpenFin platform to quickly and seamlessly onboard, deploy and deliver its Parity One software at scale to financial institutions.

20 September 2018

News/Investment products

Goldman Sachs to sell fixed income app

Investment bank Goldman Sachs is near to finding a buyer for its investment app Simon, according to reports.

20 September 2018

News/Investment products

Crypto exchanges’ legal status questioned in NY

New York’s Attorney General (AG) has reported three crypto exchanges to the state’s regulator for possible violations of digital currency violations.

19 September 2018

Company update/Investment products

Norwegian asset manager completes SimCorp installation

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announces today that Storebrand Asset Management, Norway’s largest private asset manager with EUR 71 billion in assets under management, now completes its strategic consolidation project, with the addition of SimCorp’s front office and fund management solutions.

18 September 2018

News/Investment products

Ex SpaceX engineer launches crypto exchange

A former engineer with Elon Musk's aerospace manufacturer SpaceX has launched what he claims is a public digital currency exchange with tools and services expected of an institutional standard.

17 September 2018

News/Investment products

JP Morgan hires senior AI exec

US bank JP Morgan has hired a former Google executive as its new head of artificial intelligence (AI) and machine learning (ML).

29 August 2018

Company update/Investment products

Apiax releases new regtech tax product

Zurich-based RegTech startup Apiax’ new product allows banks and asset managers to factor the tax impact of financial instruments into their investment recommendations.

28 August 2018

Company update/Investment products

Temenos Multifonds inks new deal with UMB Fund Services

Temenos (SIX: TEMN), the banking software company, today announced that Milwaukee, Wisconsin-based UMB Fund Services (UMB) signed an agreement to modernize its Exchange Traded Funds (ETF) administration capabilities using Temenos’ Multifonds platform.

21 August 2018

News/Investment products

Trainee trader sues UK broker for £10m over trading platform mix-up

A French day trader is suing UK broker Valbury Capital after it voided the €10m profit he had accrued using what he thought was a demo version of its trading software but which turned out be a live account.

22 June 2018

News/Investment products

US Treasury fintech report to make regulatory recommendations

A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.

22 June 2018

News/Investment products

Linedata Exchange Europe 2018 - live blog

Welcome to Finextra's live coverage from the Linedata Exchange Europe 2018. The theme for this year's event centres around transformation and how digital, operational and industry-wide transformation can be leveraged to deliver growth.

19 June 2018

Company update/Investment products

Crossbridge expands digital wealth management platform in Singapore

Crossbridge Capital (“Crossbridge”), the leading independent investment advisory firm with over US$3 billion under advisement, today announced a significant expansion of its digital and wealth management offerings for affluent investors in Singapore.

14 May 2018

Company update/Investment products

SparkLabs and Argon launch startup accelerator security token

SparkLabs Group, which has the largest accelerator network in Asia and operates global venture capital funds, has engaged with Argon Group, a leading digital finance advisory firm, to launch the first startup accelerator security token offering through their Smart City & Smart Planet Fund (sparklabs.tokenhub.com).

11 May 2018

Company update/Investment products

Angelo, Gordon & Co selects Intapp for terms automation

Intapp, a leading provider of business applications and services for professional services firms, today announced that Angelo, Gordon & Co., a $28 billion alternative investment firm, has selected Intapp Terms to track and manage side letters, limited partnership agreements (LPAs) and other investor contracts.

06 April 2018

Company update/Investment products

Finastra opens future banking centre in Hong Kong

Finastra, a Vista Equity Partners portfolio company, today announced the establishment of its Future of Banking Center of Excellence at Cyberport in Hong Kong.

16 January 2018

News/Investment products

Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdown

Warren Buffett, arguably the world's most successful and respected investor, has issued a scathing assessment of cryptocurrencies and predicted a "bad ending" for the current bitcoin boom.

11 January 2018