FINANCIAL MANAGEMENT, INVESTMENT MANAGEMENT
Principal Asset Management | January 24, 2023
In order to expand its fintech-enabled model portfolio solution, supported by multi-asset risk analytics and industry-leading client interaction technology, Principal Asset ManagementSM recently announced that it has teamed up with Jacobi Inc., a global provider of investing technology.
Principal® gives advisers analytics and tools that will help them serve their clients better in the long run, with a big focus on digital transformation. The company will benefit from Jacobi's cloud-native technology, which will provide a customizable platform for more meaningful portfolio research by delivering customized, forward-looking, and historical data in a fully-integrated visual environment. Jacobi's storyboard and reporting technology make it easy to look at risk and return in a portfolio in detail and show how it affects the portfolio's goals.
Michael Casciano, Head of Model Strategy at Principal Asset Management, observed, "Working with Jacobi to create proprietary multi-asset risk analytics will make it easier for advisors to understand how model portfolios will behave in different market conditions. We're excited to offer advisors access to bespoke, forward-looking and historical analytics."
(Source – Cision PR Newswire)
Meanwhile, Tony Mackenzie, Chief Executive Officer at Jacobi, expressed, "It's very pleasing to work with such a well-regarded asset manager. This partnership with Principal will help them deliver superior analytics and engagement tools to its investment teams and advisors and ultimately better outcomes for the end client. Unsurprisingly, there is strong demand for our technology owing to the increased need for investment firms to scale and connect investment processes and increase the quality of engagement with clients. Jacobi has a global footprint and a strong pipeline – with more new business wins to announce later in the year."
(Source – Cision PR Newswire)
About Principal Asset Management
Principal Asset Management and its team of investment experts approach asset management with a fresh perspective, leveraging their expertise across public and private markets, along with a diverse range of asset classes to develop innovative strategies that help clients achieve their financial objectives. More than 1,100 institutional clients in more than 80 locations rely on it because of the firm's ability to identify unique and attractive investment opportunities by combining local insights with global perspectives. The company, a division of Principal Financial Group®, manages $484.6 billion in assets and has been named one of the ‘Best Places to Work in Money Management’ for 11 consecutive years.
Nuvei | January 30, 2023
In a recent development, Canadian fintech firm Nuvei Corporation announced that major Colombian payment processor Redeban integrated the company's 'Nuvei for Platforms' embedded payments solution.
After working with Nuvei for a long time, Redeban has now incorporated its 'Nuvei for Platforms' to help meet the merchants' payment needs. Businesses can now add payments to their own platforms by using this product, which is fully customizable. The solution was made for processors like Redeban as well as banks, large fintechs, e-commerce platforms, and marketplaces.
With a single integration, Nuvei's core modular platform gives Redeban access to all its features, such as merchant onboarding, payments in and out, optimization, orchestration, fraud management, and risk management.
Philip Fayer, Chairman and Chief Executive Officer of Nuvei, expressed that the company's new product, Nuvei for Platforms, is designed to aid businesses like Redeban in increasing their revenue through various payment methods.
He stated, "We're increasingly finding that businesses look to us to help them drive innovation, grow their business, and better connect with their customers. With the rollout of Nuvei for Platforms we provide access to cutting-edge technology in an easy-to-integrate and flexible way that serves business needs both today and in the coming years."
(Source – GlobeNewswire)
Philip Fayer added, "We are excited to extend our partnership with Redeban and also really pleased with the interest we are seeing from businesses inside and outside of Latin America that want to know more about how Nuvei for Platforms can help them improve their customer experience."
(Source – GlobeNewswire)
Canadian financial technology firm Nuvei helps companies of all sizes save time and money. The modular, adaptable, and scalable technology of Nuvei enables market leaders to accept the next generation of payments, provide customers with a full range of payout alternatives, and take advantage of card issuing, banking, risk, and fraud management services. Nuvei delivers the technology and data for clients and partners to flourish locally and worldwide with one integration, connecting businesses to their customers in more than 200 markets with local acquiring in 45+ markets, 150 currencies, and more than 580 different payment options.
Volante Technologies | January 19, 2023
Volante Technologies, one of the world's leading providers of cloud payments and financial messaging solutions to promote digital transformation, has been named Best Wholesale Payment Solutions Provider at the Global Brands Awards 2022.
In addition to supporting today's most complex payment operations at scale, Volante's real-time, multi-rail, ISO 20022-fluent payments-as-a-service (PaaS) boasts superior security and minimal risk. Volante's PaaS is built on cloud-native microservices architecture, which lowers the total cost of ownership by 40%, makes it easier to create services with added value, allows API-based innovation on top of real-time processing, and speeds up onboarding by 60%.
A growing number of industries recognize the benefits of PaaS. Clients can connect to new global markets and services in record time using Volante's solutions. The company's extensive pool of services makes it possible for customers to integrate quickly.
Vijay Oddiraju, CEO, Volante Technologies, expressed, "This award provides yet further recognition of Volante's hard-won status as a global leader in payments and a provider of cloud-native solutions that power entire economies. In 2023, we will continue to expand our product set, delivering innovative solutions to our clients so that they have the flexibility to adapt and the freedom to evolve and innovate at record speed."
About Volante Technologies
Volante Technologies is a global pioneer in digital transformation, cloud payments, and financial messaging solutions. The firm is trusted by over 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries in almost 35 countries. Its technology is used by four of the top five corporate banks, 40% of commercial bank deposits in the United States, and 70% of global card transactions.