S.S. Nesbitt & Co.

Fenergo | June 18, 2020

Fenergo announces the launch of Fen-Xcelerate, a lower cost, cloud-based version of Fenergo's CLM solution. The cloud-based solution, powered by Amazon Web Services (AWS), delivers frictionless, end-to-end customer journeys and client lifecycle manageme...

Financial Management

SparkCognition, AIM2 | February 24, 2021

SparkCognition announced that it agreed to acquire AIM2 from hedge fund management company Brevan Howard and global investment bank Nomura. Being the world's leading industrial artificial intelligence (AI) company, SparkCognition aims to expand further into financial services and with more capabilities in the future. SparkCognition has also executed contracts with both Brevan Howard and Nomura. They will allow SparkCognition to expand its AI capabilities and meet the needs of ...

Financial Management, Investments

WaveBL and Surecomp | January 27, 2023

Surecomp announced on January 26, 2023, that it will collaborate with WaveBL, a blockchain-based digital platform, to improve digital trade finance workflows. This will be accomplished by enabling access to electronic bills of lading via Surecomp's fintech hub, RIVOTM. Nevertheless, WaveBL's features will be available on Surecomp's collaborative trade finance platform. In fact, the bill of lading is still presented on paper under a letter of credit. Theref...

Great Rock Capital | July 21, 2020

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $20 million senior secured credit facility with Horsburgh & Scott, a manufacturer of mission critical, custom engineered gears and gearboxes utilized in heavy industrial machinery. The capital provides Horsburgh & Scott with additional liquidity to support their growing platform. The tailored facility includes a traditional term loan, as well as a revolver...