Alternate Research

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...

PAYMENTS

Kyriba | August 26, 2021

Kyriba, a global leader of cloud-based finance and IT solutions, and Openpay Group Ltd., a global diversified payments fintech Company, announced a strategic partnership to introduce Openpay's OpyPro SaaS solution for B2B payments to Kyriba clients to improve their working capital performance and strengthen customer relationships. "We are thrilled to join this strategic partnership with Kyriba, a leading innovator in enterprise liquidity management," said Brian Shnid...

Business Wire | August 12, 2020

PGIM Investments, the retail distribution arm of PGIM, Inc., the $1.4 trillion global investment management business of Prudential Financial, Inc. (PFI), and iCapital Network1, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced a partnership in which iCapital will provide a customized technology solution to augment PGIM Investments’ distribution and servicing capabilities. The part...

BITCOIN AND CRYPTO

Circle | June 28, 2021

Circle, a worldwide financial technology business, announced today the introduction of Circle Yield, a well-regulated crypto yield and treasury solution for companies and corporate treasury professionals. This approach, regulated by the Bermuda Monetary Authority (BMA), draws on Bermuda's long history of leadership and reputation in the organisation of institutional capital. The expansion of BMA supervision to cover the newly released high yield offering under Circle's Class F ("Ful...