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New Fintech Delivery Model Transforming Financial Services Through Mutualized Services, Highlighted In Whitepaper From Broadridge - To Address Innovation, Digitization And Resiliency, Firms Are Modernizing And Better Optimizing Operations Through Flexible Architecture, Cloud-Based Applications And Data-Driven Insights

Date 11/05/2021

As the financial services industry confronts the new realities of a post-pandemic era, many firms are beginning to shift toward mutualization models for their technology and operations, according to a new whitepaper released today by global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR). Mutualization is a model where participants more quickly gain access to new technologies, scalability, and resiliency while saving time, money, and risk; by sharing in the benefits of an industry solution provided by a reliable, trusted, and independent third party.

Validus Risk Management Acquires Canadian Investment Management And Advisory Firm La Financière Constance

Date 11/05/2021

• Acquisition to form the basis of Validus’ new Global Macro Strategies (GMS) business
• LFC Partner, Kambiz Kazemi, joins Validus as Chief Investment Officer and GMS head 

Spectrum Markets Launches SERIXTM Investor Sentiment Indicator

Date 11/05/2021

• Over 54m securitised derivatives traded in April
• SERIXTM indicator describes pan-European retail investor sentiment
• Sentiment trends positive on key European indices, but bearish on S&P 500
• Gold remains popular, continuing nine-month run of bullish sentiment

IPO Of APONTIS PHARMA AG In The Frankfurt Stock Exchange’s Scale Segment

Date 11/05/2021

APONTIS PHARMA AG (ISIN: DE000A3CMGM5) has been listed in the Scale Segment on the Frankfurt Stock Exchange since today. The shares had an initial listing price of €18.90. The issue price was €19.00.

HPD LENDSCAPE Deepens Commitment To Italian Market By Becoming Official Member Of Assifact, The Italian Factoring Association Membership Comes Soon After HPD Lendscape Became An Official Member Of The Spanish Association Of Factoring, Demonstrating Its Strong Focus On The Southern European Market

Date 11/05/2021

HPD Lendscape, a leading international secured-lending platform vendor, today announces that it has become an official member of Assifact, the Italian Factoring Association. The announcement comes at a time when HPD Lendscape is particularly focused on serving the Southern European market, having recently also become an official member of The Spanish Association of Factoring.

Tier1 Taps FinTech Veteran James C. Mitchell To Accelerate Global Expansion

Date 11/05/2021

Tier1 Financial Solutions (“Tier1”), a leading provider of client relationship management (“CRM”), AML compliance and fraud prevention solutions, has appointed James C. Mitchell as Managing Director (International), responsible for accelerating the adoption of the company’s advanced CRM and compliance solutions across Europe, and driving further global expansion in Asia Pacific.

Illimity Ends The First Quarter Of 2021 With A Net Profit Of 12.6 Million Euro (+180% Over 1Q20, +86% Over 4Q20)

Date 11/05/2021

Chaired by Rosalba Casiraghi, the Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”) yesterday approved the illimity Group’s results at 31 March 2021.

South Africa’s Largest Fund Administrator Goes Live With Temenos

Date 11/05/2021

• Temenos Multifonds Global Accounting platform enables Curo Fund Services to deliver seamless back-office service
• Curo is a third-party administrator for 3,000 funds with assets under management in excess of $150 billion
• Agility and scalability of Temenos platform supports Curo’s large multi-client fund base and rapid pace of product evolution in the investment industry

Capacity Building Opportunities Across Asset Classes At NGX Limited

Date 11/05/2021

Capacity building remains a high priority for Nigerian Exchange (NGX) Limited in its new era of operations. A wholly owned subsidiary of Nigerian Exchange Group (NGX Group Plc), NGX Limited has hosted several virtual training sessions since its emergence following the demutualization of the now defunct Nigerian Stock Exchange. These sessions continue to enhance the knowledge of capital market players across multiple asset classes including equities, fixed income, Exchange Traded Funds (ETFs) and derivatives trading.

Moscow Exchange Acquires Banking And Insurance Electronic Marketplace Platform INGURU

Date 11/05/2021

Moscow Exchange acquired a 70% stake in INGURU, an e-commerce platform provider that offers insurance and banking products. MOEX may increase ownership to as much as 100% over a period of five years.