AMP Limited

GFT partners with Engine by Starling to help banks rapidly modernise

Retrieved on: 
Monday, December 4, 2023

LONDON, Dec. 4, 2023 /PRNewswire/ -- Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.

Key Points: 
  • LONDON, Dec. 4, 2023 /PRNewswire/ -- Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.
  • Engine by Starling provides banks with access to the cloud native, modular and API-based banking platform initially built by Starling's own in-house tech team to run Starling Bank.
  • GFT has been selected as one of Engine's partners for providing design, integration and implementation services for banks that adopt the Engine platform.
  • Sam Everington, CEO of Engine by Starling, said: "We've partnered with GFT for their deep technical skills, platform focus and entrepreneurial approach.

GFT partners with Engine by Starling to help banks rapidly modernise

Retrieved on: 
Monday, December 4, 2023

LONDON, Dec. 4, 2023 /PRNewswire/ -- Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.

Key Points: 
  • LONDON, Dec. 4, 2023 /PRNewswire/ -- Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.
  • Engine by Starling provides banks with access to the cloud native, modular and API-based banking platform initially built by Starling's own in-house tech team to run Starling Bank.
  • GFT has been selected as one of Engine's partners for providing design, integration and implementation services for banks that adopt the Engine platform.
  • Sam Everington, CEO of Engine by Starling, said: "We've partnered with GFT for their deep technical skills, platform focus and entrepreneurial approach.

EQS-News: GFT partners with Engine by Starling to help banks rapidly modernise

Retrieved on: 
Thursday, December 14, 2023

Engine by Starling provides banks with access to the cloud native, modular and API-based banking platform initially built by Starling’s own in-house tech team to run Starling Bank.

Key Points: 
  • Engine by Starling provides banks with access to the cloud native, modular and API-based banking platform initially built by Starling’s own in-house tech team to run Starling Bank.
  • Engine is now available to banks around the globe and has recently announced its first two clients: Salt Bank in Romania and AMP Bank in Australia.
  • GFT has been selected as one of Engine’s partners for providing design, integration and implementation services for banks that adopt the Engine platform.
  • Sam Everington, CEO of Engine by Starling, said: “We've partnered with GFT for their deep technical skills, platform focus and entrepreneurial approach.

Resolution Life secures full ownership of AMP Life

Retrieved on: 
Wednesday, November 3, 2021

Resolution Life, a global life insurance group focusing on the acquisition and management of life insurance policies has today agreed to acquire AMP Limiteds (AMP) minority equity interest in Resolution Life Australasia1 for a total consideration of AUD524 million.

Key Points: 
  • Resolution Life, a global life insurance group focusing on the acquisition and management of life insurance policies has today agreed to acquire AMP Limiteds (AMP) minority equity interest in Resolution Life Australasia1 for a total consideration of AUD524 million.
  • Resolution Life established its Australasian presence with the acquisition of AMP Life from AMP Limited in July 2020.
  • Megan Beer, CEO of AMP Life & CEO of Resolution Life Australasia said, This acquisition represents the next phase of Resolution Lifes Australasian journey as we position our platform for future growth and rebrand AMP Life to Resolution Life.
  • 1 Resolution Life-controlled holding company (Resolution Life NOHC Pty Ltd) that wholly owns AMP Life.

Phoenix Tower International Closes Multi-Jurisdiction HoldCo Financing Facility with CDPQ and AMP Capital to Support Further International Growth

Retrieved on: 
Friday, May 14, 2021

b'BOCA RATON, Fla., May 14, 2021 /PRNewswire/ -- Phoenix Tower International (PTI), a leading wireless communications infrastructure provider, today announced it has closed a HoldCo financing facility to continue its international expansion.

Key Points: 
  • b'BOCA RATON, Fla., May 14, 2021 /PRNewswire/ -- Phoenix Tower International (PTI), a leading wireless communications infrastructure provider, today announced it has closed a HoldCo financing facility to continue its international expansion.
  • "\n"PTI is one of the leading global owners and operators of tower infrastructure, and AMP Capital is pleased to have collaborated with PTI and CDPQ to implement a highly bespoke financing to support their growth ambitions," said Patrick Trears, Global Head of Infrastructure Debt at AMP Capital.
  • AMP Capital is owned by AMP Limited, which was established in 1849, and is one of Australia\'s largest retail and corporate pension providers.\n1As at 31 December 2020.
  • This includes cash and liquidity of such funds in addition to any committed but undrawn capital.\n2 Derived from the 2020 Infrastructure Investor 50.

AMP and Ares Management Corporation Announce Intention to Pursue Joint Venture Partnership for AMP Capital’s Private Markets Businesses

Retrieved on: 
Thursday, February 25, 2021

AMP Limited (AMP) and Ares Management Corporation (NYSE: ARES) (Ares) today announced that they have entered into a non-binding Heads of Agreement to pursue the formation of a joint venture for AMP Capitals private markets businesses of infrastructure equity and infrastructure debt, real estate and other minority investments (Private Markets).

Key Points: 
  • AMP Limited (AMP) and Ares Management Corporation (NYSE: ARES) (Ares) today announced that they have entered into a non-binding Heads of Agreement to pursue the formation of a joint venture for AMP Capitals private markets businesses of infrastructure equity and infrastructure debt, real estate and other minority investments (Private Markets).
  • The partnership would facilitate an acceleration of the growth of Private Markets, while unlocking immediate value for AMP shareholders.
  • AMP will retain ownership of AMP Capitals public markets businesses, which in FY 20 made a modest NPAT contribution.
  • The board of the Private Markets joint venture would initially comprise 10 board seats with six nominees from Ares and four from AMP.

CDPQ and AMP Capital agree to provide up to US$1.0 billion to finance Tillman's U.S. Tower Rollout

Retrieved on: 
Monday, July 23, 2018

Under this agreement, the investment could eventually reach up to US$1 billion based on future growth needs.

Key Points: 
  • Under this agreement, the investment could eventually reach up to US$1 billion based on future growth needs.
  • Tillman began construction on its first sites in late 2017 and is actively building in over three dozen states across the U.S.
  • Its majority shareholder is AMP Limited, which was established in 1849, and is one of Australia's largest retail and corporate pension providers.
  • AMP Capital has a strategic alliance with Mitsubishi UFJ Trust and Banking Corporation, which is also a shareholder.