Reliant Funding

FINTECH

IBM, EY | May 10, 2021

IBM and EY have joined forces to create a centre of excellence dedicated to helping financial institutions accelerate their digital transformations with hybrid cloud solutions. The majority of banking and financial services organisations have yet to deploy core systems to the cloud due because of the huge complexity and concerns over security, risk, governance and control. According to a 2020 IBM survey, while 91% of financial institutions are actively using cloud s...

Arch Capital | July 15, 2020

Arch Capital Group is expecting somewhere between $205 million and $225 million in pre-tax catastrophe losses across its property casualty insurance and reinsurance segments for the second quarter. The approximation is net of reinsurance recoveries and reinstatement premiums, and spans a range of estimates for exposure to COVID-19 global pandemic claims as well as for losses related to civil unrest claims in the US and other catastrophic events in the period....

CORE BANKING

Prelim | May 24, 2021

With the United States' economy primed to recover from the pandemic, small companies need quick access to capital and banking services. Prelim, a fintech company that optimises digital banking services for financial institutions, has responded by announcing improved digital account opening (DAO) capabilities for business banking accounts, as well as a Status Center platform that assists companies in properly collecting, centralising, and accessing business consumer data to generate pre-appro...

INVESTMENT MANAGEMENT

Adhesion Wealth | August 31, 2021

Adhesion Wealth®, a managed account provider for registered investment advisors (RIAs), today announced it has entered into a partnership with Addepar, a leading technology platform for wealth management. Through this partnership, RIAs can benefit from greater reporting flexibility and recoup costly administrative time. Adhesion advisors may gain access to Addepar's category-leading portfolio reporting and analytics platform, which enables them to deliver robust analysis a...