Economy
BlackRock Funds Utilize Managed Distribution Plans
BlackRock is leveraging managed distribution plans to maintain consistent payout levels across a broad suite of closed-end funds, even when underlying income
Fintech
Kyriba Launches Data-as-a-Service to Integrate Treasury Analytics
Kyriba is attempting to break down the functional silos that isolate treasury data from broader enterprise intelligence. By launching Data-as-a-Service (DaaS), the
Markets
Solari Capital Emerges with $350M Deployed in Programmable Reality
Solari Capital is transitioning from stealth mode to active market presence, revealing that Managing Partner AJ Scaramucci has already deployed $350 million
Markets
PREPAR-VIE Selects Clearwater Analytics for Investment Operations
French life insurer PREPAR-VIE is moving to consolidate its investment management infrastructure by selecting Clearwater Analytics as its primary technology partner. The
Fintech
Vera Launches Adaptive World Mastercard via Zeta Partnership
Vera, a Virginia-based financial technology company, is attempting to disrupt the traditional credit card model by introducing a product that shifts control
Banking
Rising Point Capital Management Closes $325M Inaugural Fund
Rising Point Capital Management is scaling its capacity to target the lower middle market following the successful final close of its inaugural
Markets
Kestra Financial Adds $550 Million Ecclesiastes Wealth Partners
Kestra Financial is expanding its independent advisor footprint through the strategic addition of Ecclesiastes Wealth Partners, a Richardson, Texas-based wealth management firm.
Policy
Conquest Achieves ISO/IEC 42001 Certification for AI Governance
Conquest is positioning its AI-driven financial advice engine as a highly regulated enterprise asset by securing the ISO/IEC 42001:2023 certification.
Wealth
Houlihan Lokey Expands FinTech Group via Digital Assets Hire
Houlihan Lokey is aggressively scaling its advisory capabilities to capture the intersection of traditional finance and decentralized technology. By appointing Chris McMillan
Banking
Chase Launches Data Security Center for Third-Party App Management
Chase is attempting to centralize customer control over third-party data sharing by launching its new Data Security Center. This initiative aims to
Fintech
Fathom and NXH Propose Asset Swap to Integrate Digital Securities
Fathom Holdings Inc. (Nasdaq: FTHM) and Neighborhood Intelligence, Inc. (Nasdaq: NXH) are pivoting their merger strategy to bridge the gap between traditional
Markets
Embedded Markets Launches AI Agent-Based Risk Management
Embedded Markets, Inc. is targeting the limitations of traditional financial backtesting by launching a suite of AI agent-based simulation tools. The firm
Wealth
Assurant Expands Chilean Footprint via Financial Services
Assurant, Inc. (NYSE: AIZ) is pivoting toward the high-velocity digital transaction market by launching a new Financial Services Ecosystem Protection business line
Fintech
Bill Harris Launches Evergreen.ai to Disrupt Financial Advice
Serial fintech entrepreneur Bill Harris is attempting to bridge the massive advisory gap in the American market by launching Evergreen.ai, an
Wealth
Maridea Wealth Management Expands into Ohio via Dual Acquisition
Maridea Wealth Management is executing a geographic expansion strategy by establishing its first presence in the Ohio market through the integration of
Wealth
Prismm Launches Designate to Capture Intergenerational Wealth
Prismm is targeting the massive liquidity shifts expected during the upcoming great wealth transfer by launching Prismm Designate. This new capability integrates
Banking
HSBC Targets US Affluent Segment with Enhanced Premier Services
HSBC is intensifying its pursuit of the high-net-worth demographic by upgrading its Premier service suite in the United States to address the
Markets
Empery Digital Defends AI Infrastructure Strategy Amid Proxy Fight
Empery Digital (NASDAQ: EMPD) is attempting to secure its strategic pivot toward AI infrastructure by launching a formal defense against a proxy
