Alternative financial services in the United States

KBW Ranks No. 1 Across Multiple Categories in 2023 Institutional Investor All-America Survey

Retrieved on: 
Thursday, November 2, 2023

1 firm across multiple categories in the 2023 Institutional Investor (II) All-America survey.

Key Points: 
  • 1 firm across multiple categories in the 2023 Institutional Investor (II) All-America survey.
  • 1 in the II survey, and KBW’s Consumer Finance research team also placed first.
  • 1 in the Financial Institutions Group (FIG) sector, and KBW also had the top-ranked trading/execution team within FIG, in the first such category ever included by II.
  • KBW is the only specialist firm to rank first in any of the sales, trading/execution, and corporate access categories across the II survey, let alone all three.

Align Receives Best Cloud Services Provider Award in the 2023 Hedgeweek US Awards for Its Innovative Managed IT Solutions

Retrieved on: 
Tuesday, October 31, 2023

Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek US Awards .

Key Points: 
  • Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek US Awards .
  • As the top Cloud Service Provider, Align prides itself on offering the highest-quality managed IT services for hedge funds.
  • The Align IT Suite , Align’s complete Managed Services platform, is built on the foundation of the Microsoft public cloud, offering flexible, secure, compliant managed services for clients, particularly those in the alternative investment industry.
  • (Photo: Business Wire)
    Chris Zardima, Managing Director of Align Managed Services , expresses his gratitude for the recognition for Hedgeweek, stating, " We are honored to have received recognition as the top Cloud Services Provider by Hedgeweek.

Again Named Among the "Best Places to Work 2023," Monterey Financial Shapes the Future of Work for Consumers and Employees Alike

Retrieved on: 
Thursday, October 5, 2023

OCEANSIDE, Calif., Oct. 5, 2023 /PRNewswire/ -- For the second consecutive year, Monterey Financial is proudly listed among the San Diego Business Journal's (SDBJ) "Best Places to Work 2023." A national leader for more than 30 years in the Consumer Finance, Loan Servicing Management, and Delinquent Debt Recovery space, Monterey is known for its ingenuity in developing uniquely effective financial solutions to the various complex challenges facing business owners across nearly every industry. Today, the company's proactive approach to establishing a supportive, team-centered culture proves one of its greatest assets as it pioneers creative options for the rapidly shifting, skills-based future of work. Central to this approach is the company's commitment to bringing on board individuals with diverse, specialized skill sets that align with Monterey's forward-thinking vision.

Key Points: 
  • Central to this approach is the company's commitment to bringing on board individuals with diverse, specialized skill sets that align with Monterey's forward-thinking vision.
  • "We've always adhered to the belief that we thrive most as a team," shares Monterey's Executive Vice President John Owens.
  • Randall stands out for his experience in the financial sector and his prowess in marketing and content creation.
  • The SDBJ award evidences Monterey Financial's foundational understanding of a crucial business finance principle: that leading the industry starts with serving people well - clients and staff alike.

FICO® Score Remains the Most Widely Used Credit Score in the Securitization Market, Keeping Lender Confidence

Retrieved on: 
Thursday, September 28, 2023

“By far, FICO Scores are the dominant method to measure asset-backed securitization risk.

Key Points: 
  • “By far, FICO Scores are the dominant method to measure asset-backed securitization risk.
  • The FICO Score remains the dominant metric for indicating credit risk in the seven collateral classes with activity graded by top credit reporting agencies.
  • FICO® Scores are used throughout the credit lifecycle, from acquisitions to applications, and credit management.
  • For more information about the predictive power of FICO® Scores and the newest and most powerful FICO Score, FICO® Score 10 T, visit: https://www.fico.com/en/latest-thinking/white-paper/fico-score-10-and-fi... .

Digital Media Solutions, Inc. Announces Q2 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

CLEARWATER, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced financial results for the quarter ended June 30, 2023.

Key Points: 
  • CLEARWATER, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced financial results for the quarter ended June 30, 2023.
  • DMS serves 379 scaled enterprise customers and nearly 4,406 SMBs across the P&C Insurance, Health Insurance, Ecommerce, Career and Education and Consumer Finance verticals with digital performance marketing solutions.
  • Despite a decrease in net revenue and adjusted EBITDA due to the challenging business cycle, gross profit margin for Q2 2023 was within our guidance range,” said Joe Marinucci, CEO of DMS.
  • A replay of the conference call webcast will be archived on the Company's website for at least 30 days.

The Finance Industry is Failing Today’s Job Seekers: 3 Keys to Fixing It

Retrieved on: 
Wednesday, August 9, 2023

Now, their dynamic team of fin-tech experts shares the key measures existing financial entities can take to advance the rapid democratization of education .

Key Points: 
  • Now, their dynamic team of fin-tech experts shares the key measures existing financial entities can take to advance the rapid democratization of education .
  • “Online platforms are quickly emerging as the primary method of building valuable job skills.
  • This gap presents an enormous opportunity for finance companies to step in and contribute to the democratization of online education.
  • Learn more and discover why MFS is a trusted industry leader at montereyfinancial.com .

Auriemma Roundtables Acquires insideARM

Retrieved on: 
Wednesday, August 9, 2023

Auriemma Roundtables , a leading business intelligence provider for the consumer finance ecosystem, is excited to announce the acquisition of insideARM, LLC, including the insideARM and Collections & Recovery media brands, and the Consumer Relations Consortium (CRC) and Research Assistant (RA) membership groups.

Key Points: 
  • Auriemma Roundtables , a leading business intelligence provider for the consumer finance ecosystem, is excited to announce the acquisition of insideARM, LLC, including the insideARM and Collections & Recovery media brands, and the Consumer Relations Consortium (CRC) and Research Assistant (RA) membership groups.
  • The insideARM, LLC acquisition will further expand Auriemma Roundtables’ presence in Collections to provide additional value for third-party accounts receivable management executives.
  • “insideARM and its product suite is well-respected and will help strengthen our presence in the Collections and Risk space,” said Tom LaMagna, President of Auriemma Roundtables.
  • “This solidifies our continued commitment to build our presence as the core source for data and knowledge in financial services.”
    “Auriemma Roundtables shares the insideARM brand values and has the roadmap and capabilities to take our initiatives to the next level,” said Eidelman, insideARM founder.

Troutman Pepper Launches Blog to Create a Single Destination for all Financial Services Content

Retrieved on: 
Wednesday, June 14, 2023

NEW YORK, June 14, 2023 /PRNewswire/ -- The Troutman Pepper Financial Services blog launched today with comprehensive analysis and insight into pertinent law, regulation, and business, and brings together thought leadership and news spanning the entirety of the financial services industry. Topics covered span consumer and bank regulatory, compliance and enforcement, litigation, consumer and commercial lending, M&A, capital raising and private equity, payments and fintech, banking as a service, the Bank Secrecy Act and anti-money laundering, bankruptcy, data security and privacy, strategic government relations issues, and more.

Key Points: 
  • "We created this new blog to showcase the comprehensive breadth of our financial services practice, which truly covers all aspects of what our clients need, in every aspect of their business," said Partner Kris Henman, co-leader of the firm's Financial Services team.
  • "We are covering what clients care about and what they don't know they should care about," said Partner James Stevens, who co-leads Troutman Pepper's Financial Services team.
  • The Troutman Pepper Financial Services blog also is available on a new "Troutman Pepper" mobile app.
  • To subscribe to the Troutman Pepper Financial Services blog, click here .

Align Voted Best Cloud Services Provider by both Hedgeweek and Private Equity Wire

Retrieved on: 
Tuesday, June 13, 2023

Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek’s Hedge Fund Emerging Manager US Awards and the Private Equity Wire’s 2023 Emerging Manager Awards .

Key Points: 
  • Align, the premier global provider of technology infrastructure solutions and Managed IT Services, announces today that it has been awarded Best Cloud Services Provider in the 2023 Hedgeweek’s Hedge Fund Emerging Manager US Awards and the Private Equity Wire’s 2023 Emerging Manager Awards .
  • View the full release here: https://www.businesswire.com/news/home/20230613276986/en/
    Vinod Paul, Chief Operating Officer of Award-Winning Align Managed Services (Photo: Business Wire)
    As a managed service provider, offering top-of-the-line cloud services is imperative – especially today, when businesses rely so heavily on cloud-based applications.
  • “We are honored to be recognized by both Hedgeweek and Private Equity Wire,” says Vinod Paul , Chief Operating Officer of Align Managed Services.
  • Align was the first Managed Services Provider to offer a fully Public Cloud based platform focused on the Alternative Financial Services industry.

Digital Media Solutions, Inc. Announces Q1 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023

Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced financial results for the quarter ended March 31, 2023.

Key Points: 
  • Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced financial results for the quarter ended March 31, 2023.
  • “In the face of an evolving operating landscape, we believe our Q1 2023 results are modestly positive,” said Joe Marinucci, CEO of DMS.
  • “Although in Q2 we are facing some headwinds, particularly in our insurance business, we maintain a positive long-term outlook.
  • A replay will be available after the conclusion of the call on May 15, 2023, through May 22, 2023.