Tagged: data analytics

Compliance Tech Firm Sovos Teams Up with EXL, a Data Analytics Provider

Global compliance technology solutions and services provider Sovos announced a partnership with EXL, a data analytics and digital operations and solutions company. This partnership combines Sovos‘ record of accomplishment “in delivering innovative tax software and compliance solutions with EXL’s expertise in consulting and servicing for… Read More

Nova Credit Secures $45M via Series C to Scale Cash Flow Underwriting, Verification Solutions

Nova Credit, the data analytics company enabling businesses to grow responsibly by harnessing alternative credit data, announced it raised $45 million in Series C funding. The capital helps Nova Credit to further broaden its product offering “beyond cross-border credit reporting and scale Cash AtlasTM, the… Read More

Global Deal Activity Declines by Over 24% YoY During Q1-Q3 2023 – Report

A total of 40,374 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during the first three quarters (Q1-Q3) of 2023. This represents a year-on-year (YoY) “decline of 24.3% in volume over 53,369 deals announced during the same period… Read More

Fintech Credolab, Circulo de Credito to Provide Credit-Scoring Solutions to Mexico

Credolab, a smartphone and web behavioural data analytics platform, has announced a strategic partnership with Circulo de Credito, a fast-growing Credit Information Society (Credit Bureau) in Mexico. The partnership aims to bring more financial inclusion to Mexico by “providing innovative credit, risk and fraud scoring… Read More

Crypto Derivatives, Copy Trading Platform BitGet Announces $100M Fund to Make Strategic Investments

Crypto exchange Bitget has introduced a $100 million fund in order to make strategic investments in exchanges, data analytics and other initiatives. As widely reported, Bitget’s EmpowerX Fund should support efforts related to expanding and further diversifying the crypto provider’s solutions.  The fund is expected… Read More

SEC Proposes Predictive Data Limitations

This week, the Securities and Exchange Commission (SEC) proposed new rules requiring broker-dealers and investment advisers to address conflicts of interest associated with their use of predictive data analytics and similar technologies to interact with investors. The proposed regulations are designed to prevent firms from… Read More

CAPE Analytics Introduces Enhanced Insurance Offering, Built with Google Geospatial Data

CAPE will develop property risk analytics leveraging structural attributes from Google geospatial data in order “to support innovation across the insurance industry and better protect homes and businesses” Protecting people, society, and the economy “means safeguarding homes, businesses, and other structures—especially from catastrophic weather events.”… Read More

BIGG Digital Assets Inc. Reports Financial Results for Q1 2023

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased “to report… Read More

UOB Malaysia Introduces Mobile Banking App to Deliver Personalized Experience for Clients

UOB Malaysia announced the launch of its refreshed mobile banking app, UOB TMRW. The all-in-one app, “powered by leading technologies including data analytics, artificial intelligence (AI) and machine learning models, underscores the Bank’s commitment to provide customers with a simpler, smarter and more personalized banking… Read More

big xyt, Provider of Smart Data and Analytics, Releases Trade Verification Tool

big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, announced the release of the Trade Verification Tool, which is described a “a new interactive service which returns the verification of price reversion and execution performance on… Read More

JP Morgan to Acquire Aumni, a Provider of Investment Analytics Software

J.P. Morgan (NYSE: JPM) announced that it has entered into a definitive agreement to acquire Aumni, a provider of investment analytics software to the venture capital industry. Financial terms of the transaction “were not disclosed and closing is expected in the first half of 2023.”… Read More

NAB Ventures Leads $30M Round in Payments Software Fintech DataMesh

NAB Ventures has led a $30 million Series A round in payments software and data analytics business, DataMesh Group, and is partnering with DataMesh “to help transform the point-of-sale user experience for NAB business customers.” Joining the investment round are new investors Deutsche Bank and… Read More

Empaxis, EXL to Help Wealth Management Firms Enhance Operations

Empaxis, which claims to be an expert in middle- and back-office operations for wealth and asset managers, announced a partnership with EXL [NASDAQ: EXLS], a data analytics and digital operations and solutions company. Pairing Empaxis’ middle- and back-office expertise, with EXL’s data, analytics, and digital… Read More

TSB Bank Fine by UK Regulators Highlights Need to Improve IT Infrastructure: Report

Following the news that British lender TSB Bank was fined $48.65m ($59.07m) by the Financial Conduct Authority and the Prudential Regulation Authority over “a botched IT platform migration that left two million customers locked out of their accounts in 2018,” Chris Dinga, Payments Analyst at… Read More

Investment Banking Firm Stifel Teams Up with KX to Enhance Market Intelligence, Trade Execution Impact

KX — maker of kdb+, the “fastest” time series database and real-time analytics engine — announced that Stifel Financial Corp. (NYSE: SF), the full service brokerage and investment banking firm, has “chosen KX to enhance market data analytics and drive real-time decision making.” With over… Read More

Data Management Firm Aunalytics Introduces Enterprise Analytics as a Managed Service

Aunalytics, a data management and analytics company delivering Insights-as-a-Service for mid-market businesses, announced it has initiated Enterprise Analytics, a managed service comprised of experts in data analytics, data engineering, artificial intelligence (AI) and machine learning. The new solution “couples the tools and technology required to… Read More

ACA Group Acquires Data Specialist Ethos ESG

ACA Group, the governance, risk, and compliance (GRC) advisor in financial services, announced that it has acquired Ethos ESG, a provider of environmental, social, and governance (ESG) ratings data and software “for financial advisors, asset managers, institutions, and investors.” This acquisition “marks ACA’s first analytics… Read More

BIGG Digital Assets Subsidiary Netcoins Reveals Plans for US Expansion

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins (Netcoins.ca), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io), a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to… Read More

Blockchain Data Analytics Platform Nansen Launches Dashboard for Avalanche to Provide NFT Data Insights

Nansen, the blockchain data analytics platform, has announced the launch of a new dashboard for Avalanche which will “provide extensive NFT market overviews and related data.” Year to date, the NFT-related activity on AVAX has “become a dominant source of activity on its c-chain.” According… Read More

Westpac DataX to Provide Informative Insights for Clients

Westpac has launched Westpac DataX, a data analytics offering that will “enable faster, data-backed decision making for [their] largest clients.” Using de-identified credit card data from over six million daily card transactions, Westpac DataX “enables self-serve analytics for our clients so they can embed insights… Read More