Investment Management stories

Backbase wins the 2025 Datos Impact Award for its AI-driven platform revolutionising wealth management with faster onboarding and personalised digital advice.

Bovonic secures funding from Cultivate Ventures to launch its QuadSense mastitis screening device in UK and Ireland, expanding beyond New Zealand farms.

Allvue launches enhanced AI tools including Andi Document Extraction and Loan Hunter integration to boost efficiency in private investment workflows.

Snowflake and partners launch the Open Semantic Interchange to create a unified, open standard for semantic data, boosting trust in AI and business intelligence.

Andrea Genschaw has joined GTT as Chief Financial Officer, bringing over 20 years' experience in telecoms and technology finance leadership.

Databricks has raised USD $1 billion, valuing the AI firm at over USD $100 billion amid rapid growth and a USD $4 billion revenue run-rate.

Michael Juniper has joined HMC Digital Infrastructure as a director to enhance DigiCo’s growth and operational capabilities across Australia and international markets.

Binance and Franklin Templeton partner to launch digital asset tools, merging crypto innovation with traditional investment for global investors.

TCS has completed the digital migration of over 3.8 million Scottish Widows life and pension policies onto its BaNCS platform, modernising customer service.

MariaDB has acquired SkySQL, enhancing its cloud database services with AI-powered, serverless features to better support flexible and hybrid data management.

US private equity is set for tougher scrutiny as 401(k) plans gain access to the sector, opening a USD $12 trillion market to retail investors and regulators.

CapitaLand is set to invest significant wealth into Maharashtra by 2030, expanding its business parks, data centres and logistics in Mumbai and Pune.

FNZ and Microsoft have formed a five-year global partnership to integrate AI into wealth management, enhancing digital experiences for advisors and clients worldwide.

Gresham appoints Hayley Zhu as Sales Director to drive growth and lead strategy across Asia-Pacific’s evolving financial technology landscape.

Endava and Goji have partnered to streamline private fund onboarding with a new framework, enhancing integration and client experience for asset managers.

Milford, managing NZD $27bn, adopts Bloomberg’s RMS Enterprise to streamline research workflows and enhance automated insights across its investment teams.

DigitalBridge and La Caisse have acquired Yondr, a global hyperscale data centre operator, to expand AI and cloud computing infrastructure worldwide.

UK finance staff widely use AI tools but worry about inadequate training, data security, and lack of regulatory oversight in their organisations.

MUFG Pension & Market Services has completed onboarding Perpetual Investment Management as its first group-wide client with a cross-divisional administration mandate.

Liveheats secures AUD $1.3m seed funding to expand its digital scoring platform for action sports globally, aiming to boost events and athlete performance.