Investment Management stories
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.
Gresham appoints Hayley Zhu as Sales Director to drive growth and lead strategy across Asia-Pacific's evolving financial technology landscape.
DigitalBridge and La Caisse have acquired Yondr, a global hyperscale data centre operator, to expand AI and cloud computing infrastructure worldwide.
EY and SAP have launched an Integrated Finance Managed Service using SAP's cloud to help businesses boost growth and streamline core finance functions.
Gresham upgrades Control for Investment Management with a new web interface, boosting integration and automation for over 100 investment clients globally.
Acuity Knowledge Partners launches Agent Fleet, an AI platform designed to boost efficiency for banks, asset managers and private equity firms without more staff.
FNZ and Microsoft have formed a five-year global partnership to integrate AI into wealth management, enhancing digital experiences for advisors and clients worldwide.
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.
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.
RMBL has enhanced efficiency and cut client queries by 23% after adopting Appian's AI platform, boosting document accuracy to over 95%.
Global X launches the DRGN ETF on ASX, giving Australians targeted exposure to 20 leading Chinese tech companies, focusing on AI, automation, and semiconductors.