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Broadridge | August 03, 2021
Broadridge Financial Solutions, Inc. a global Fintech leader, today announced that it has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge's recent acquisition of Itiviti. The acquisition, which encompasses the remaining 68% of Alpha Omega, will enable Broadridge to fully consolidate Alpha Omega's post-trade matching and consolidation solution into its existing NYFIX connectivity a...
Reuters | March 30, 2020
Global oil benchmark Brent crude plunged to its cheapest in 18 years on Monday, while U.S. crude briefly tumbled below $20 per barrel, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline further. The market extended losses after data provider Genscape reported that U.S. stockpiles at Cushing in Oklahoma rose more than 4 million barrels last week, which was the biggest-one week increase in more than 10 years. With Saudi Arabia and Russia se...
CORE BANKING, FINTECH
Rapid Finance | December 20, 2022
Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, has been named by Fintech Futures as a 2022 Banking Tech Award winner in the category of “COVID-19 Response by Technology Services & Software Providers” at the 23rd annual ceremony. The Banking Tech Awards recognize excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen....
JPMorgan | January 14, 2020
JPMorgan Chase's (NYSE:JPM) earnings blew past expectations in the final quarter of 2019, rising 30% from a year earlier to $2.57 a share, a full 10% above consensus forecasts. Revenue likewise far exceeded expectations, rising 9% on the year to $29.21 billion. Analysts polled by Investing.com had anticipated EPS of $2.35 on revenue of $27.87 billion. The results were helped by an 8% increase in consumer loans, reflecting the sustained strength of U.S. spending. “The U.S. consumer cont...
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