Verafin

Northleaf’s First Growth Equity Fund Surpasses US$200 Million Target

Retrieved on: 
Wednesday, February 7, 2024
Asset Management, Professional Services, Finance, NGF, Private equity, Verafin

Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced that it held the final closing for Northleaf Growth Fund (“NGF” or “the Fund”), its first direct growth equity fund.

Key Points: 
  • Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced that it held the final closing for Northleaf Growth Fund (“NGF” or “the Fund”), its first direct growth equity fund.
  • Investors committed US$212 million of capital to NGF, surpassing the Fund’s original US$200 million target.
  • “We are very pleased by the strong support from both new and existing investors in our growth fund,” said Mike Flood, Managing Director & Head of Private Equity at Northleaf.
  • The closing of NGF expands Northleaf’s global private equity and venture capital/growth equity program, which has raised more than US$13 billion to date.

Nasdaq Reports Fourth Quarter and Full Year 2023 Results; Revenue Growth & Strategic Investments Underpin Solid Year of Performance

Retrieved on: 
Wednesday, January 31, 2024
Partnership, Mexican Stock Exchange, Nature, Growth, ARR, CFO, GAAP, ETP, Instacart, Environment, Initial public offering, Chair, AUM, Verafin, Fintech, Amazon Web Services, Depreciation, Acquisition, BMV, Thoma Bravo, FX, Sale, State, Health, AWS, Share repurchase, Movement

Fourth quarter 2023 net revenues were $1,117 million, an increase of $211 million, or 23%, from $906 million in the prior year period.

Key Points: 
  • Fourth quarter 2023 net revenues were $1,117 million, an increase of $211 million, or 23%, from $906 million in the prior year period.
  • Solutions revenue was $860 million in the fourth quarter of 2023, an increase of $210 million, or 32%, with organic growth of 9%, reflecting growth from both the Capital Access Platforms and Financial Technology divisions.
  • Market Services net revenues were $247 million in the fourth quarter of 2023, an increase of $2 million, or 1%.
  • Fourth quarter 2023 GAAP operating expenses were $765 million, an increase of $208 million, or 37%, versus the prior year period.

Nasdaq Reports Third Quarter 2023 Results; Broad-Based Growth Drives Solutions Businesses Revenue Acceleration

Retrieved on: 
Wednesday, October 18, 2023
Google Marketing Platform, IPO, Sale, ARR, DoorDash, Health, Share repurchase, Carbon, Disclosure, FX, GAAP, Acquisition, Chair, E-CORCE, CBL, AUM, Nature, Environment, Verafin, Growth, Partnership, CO2, Nasdaq MarketSite, CFO, Movement, Initial public offering, Roper Technologies, Video game, Retail, Cryptocurrency, Bank, Pharmaceutical industry, Commercial property, Security (finance), Index, Adenza

Adena Friedman, Chair and CEO said, “Our third quarter 2023 results reflect Nasdaq’s solid execution amid a continued dynamic economic and capital markets backdrop.

Key Points: 
  • Adena Friedman, Chair and CEO said, “Our third quarter 2023 results reflect Nasdaq’s solid execution amid a continued dynamic economic and capital markets backdrop.
  • Solutions Businesses revenues were $694 million in the third quarter of 2023, an increase of $55 million, or 9% with organic growth of 8%.
  • Trading Services net revenues were $236 million in the third quarter of 2023, a decrease of $3 million, or 1%.
  • Nasdaq expects to close the deal in the fourth quarter of 2023 as it expands its capabilities in solving its customers largest challenges.

Verafin Recognized as Leader in Payment Risk Solutions by Chartis Risktech Quadrant® 2023

Retrieved on: 
Thursday, August 24, 2023
Professional Services, Security, Technology, Finance, Software, Fintech, Organization, Fraud, Risk, Information, Cryptocurrency, American International Group, Verafin

Verafin, a Nasdaq company, a global leader in anti-financial crime management solutions, is recognized as a category leader in the Chartis RiskTech Quadrant® for payment risk solutions 2023.

Key Points: 
  • Verafin, a Nasdaq company, a global leader in anti-financial crime management solutions, is recognized as a category leader in the Chartis RiskTech Quadrant® for payment risk solutions 2023.
  • The Chartis RiskTech Quadrant, a respected and comprehensive vendor analysis methodology, evaluates technology vendors based on their product, technology, and organizational capabilities.
  • This year, Verafin's innovative approach to payment risk, anchored in advanced real-time analytics, consortium data, and cutting-edge technology, has earned the company a top spot in the Chartis RiskTech Quadrant®.
  • The report particularly praised Verafin for its in-depth analysis across all payment types, significantly reducing false positives and enhancing fraud detection, even in high-volume, high-speed scenarios.

Nasdaq Reports Second Quarter 2023 Results; Consistent Execution Drives Solid Revenue Growth

Retrieved on: 
Wednesday, July 19, 2023
Treasury, Software as a service, Partnership, Share repurchase, Google Marketing Platform, Tier 2, DCV, Risk management, GAAP, Movement, Verafin, AUM, Acquisition, Risk, FX, Nature, ARR, Initial public offering, CFO, Growth, ESG, Health, Chair, Video game, Cryptocurrency, Bank, Pharmaceutical industry, Security (finance), Adenza, Index, B3

*Net revenues include Other revenues of $1 million in the second quarter of 2023 and $4 million in the second quarter 2022.

Key Points: 
  • *Net revenues include Other revenues of $1 million in the second quarter of 2023 and $4 million in the second quarter 2022.
  • Solutions Businesses revenues were $674 million in the second quarter of 2023, an increase of $37 million, or 6% with organic growth also of 6%.
  • Trading Services net revenues were $250 million in the second quarter of 2023, a decrease of $2 million, or 1%.
  • The company did not repurchase any of its common stock during the second quarter of 2023.

APF Canada Announces Canadian Women’s International Network (CanWIN) Networking Roundtable in Newfoundland and Labrador

Retrieved on: 
Tuesday, July 4, 2023
Asia Pacific Foundation of Canada, Snack, Woman, International Network of Liberal Women, RSVP, Organization, Verafin, Free and Open Indo-Pacific, NL, Tourism

When: July 18, 2023, from 2:30 to 5:00 p.m. NL

Key Points: 
  • When: July 18, 2023, from 2:30 to 5:00 p.m. NL
    We are pleased to invite you to a Women's Networking Roundtable focused on trade with the Indo-Pacific, hosted by the Asia Pacific Foundation of Canada (APF Canada) and the Canadian Women's International Network (CanWIN).
  • The event will take place on Tuesday, July 18, 2023, from 2:30 – 5:00 PM, at Verafin, 100 Hebron Way, St John’s, NL.
  • There will also be plenty of opportunities for networking with like-minded women from diverse backgrounds, industries, and organizations that support women in trade.
  • Lee, Director of Inclusive International Trade ( [email protected] ) or Julia Da Silva, Project Specialist ( [email protected] ).

 AWS Announces Amazon Aurora I/O-Optimized

Retrieved on: 
Thursday, May 11, 2023
Payments, Online Retail, Data Management, Retail, Technology, Software, Hardware, Cloud, Database, DNA, Elder abuse, NetScaler, Engineering, Electricity, Samsung, AMZN, Standard, Amazon Aurora, Amazon (company), Plant, Verafin, Enterprise architecture, Cloud (operating system), EC2, IBM, Organization, Ancestor, Artificial intelligence, Crime, CLI, AWS, SDK, Automation, Online shopping, Video game, Computer data storage, Citrix Systems, Thomas Edison

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced Amazon Aurora I/O-Optimized, a new configuration for Amazon Aurora that offers improved price performance and predictable pricing for customers with input/output (I/O)-intensive applications.

Key Points: 
  • Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced Amazon Aurora I/O-Optimized, a new configuration for Amazon Aurora that offers improved price performance and predictable pricing for customers with input/output (I/O)-intensive applications.
  • Now, customers can choose between two Amazon Aurora configurations: Aurora Standard or Aurora I/O-Optimized.
  • “Now, with Aurora I/O-Optimized, we’re giving customers great value for their high-scale I/O-intensive applications, and an even better option for customers looking to migrate their most demanding workloads to Aurora and the cloud.”
    Customers can launch a new cluster with Aurora I/O-Optimized, or convert an existing cluster, and easily switch between Aurora I/O-Optimized and Aurora Standard pay-per-request configurations in the AWS Management Console, the AWS Command Line Interface (CLI), or via an AWS software development kit (SDK).
  • Aurora I/O-Optimized is generally available today for Amazon Aurora PostgreSQL-Compatible Edition and Amazon Aurora MySQL-Compatible Edition in most AWS Regions, with availability in Mainland China (Beijing), Mainland China (Ningxia), AWS GovCloud (US-East), and AWS GovCloud (US-West) Regions coming soon.

Nasdaq Reports First Quarter 2023 Results; Diverse Product Platform Delivers Broad-Based Growth

Retrieved on: 
Wednesday, April 19, 2023
Software as a service, Amazon Web Services, Share repurchase, Google Marketing Platform, Tier 2, Intelligence, GAAP, ACH, Movement, Verafin, AML, AUM, Acquisition, Investment, Nature, FX, ARR, Surveillance, Initial public offering, Case management, CFO, Growth, Fraud, Health, AWS, Chair, Video game, Management, Pharmaceutical industry, Bank, Cryptocurrency, Security (finance), Index

Adena Friedman, Chair and CEO said, “Nasdaq delivered a solid financial performance during the first quarter of 2023, driven by momentum across our divisions.

Key Points: 
  • Adena Friedman, Chair and CEO said, “Nasdaq delivered a solid financial performance during the first quarter of 2023, driven by momentum across our divisions.
  • Solutions businesses revenues were $646 million in the first quarter of 2023, an increase of $23 million, or 4%.
  • Trading Services net revenues were $267 million in the first quarter of 2023, an increase of $3 million, or 1%.
  • In the first quarter of 2023, Nasdaq led all exchanges during the period in total volume traded for multiply-listed equity options.

Spectrum Equity Announces 2023 Promotions

Retrieved on: 
Monday, January 9, 2023
AB, Offensive Security, Economics, Digital, University, International finance, BATS Global Markets, The Carlyle Group, Mentorship, London Stock Exchange Group, Parag, University of California, The Rainkings, Philip, J.P. Morgan in the United Kingdom, CBOE, BA, Spectrum Equity, Acquisition, Investment, J. P. Morgan, Dartmouth College, Financial adviser, Spectrum, Northwestern University, Mathematics, Empyrean, Boston College, Bitly, Verafin

BOSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Spectrum Equity , a leading growth equity firm, is pleased to announce four promotions that are reflective of the firm's longstanding commitment to mentoring and nurturing talent from within.

Key Points: 
  • BOSTON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Spectrum Equity , a leading growth equity firm, is pleased to announce four promotions that are reflective of the firm's longstanding commitment to mentoring and nurturing talent from within.
  • Spectrum is proud to recognize their significant contributions, dedication and collaborative work ethic.
  • Prior to joining Spectrum, Parag worked as an Analyst with J.P. Morgan's Restructuring Group.
  • Emily joined Spectrum in 2020 and focuses on legal and compliance for the firm.

Nasdaq Wins Two RiskTech100® Awards and Jumps to Top 20 in RiskTech100® Global Ranking

Retrieved on: 
Tuesday, November 22, 2022
Software, Timeline of global surveillance disclosures (2013–present), NDAQ, AML, Organization, ESG, Google Marketing Platform, Risk, Information, American International Group, Direct Corporate Access, Catastrophe, Managed services, Verafin, Risk management, Nasdaq, Inc., Weapon, Cryptocurrency

NEW YORK, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the company was recognized by Chartis’ annual RiskTech100® awards, the most comprehensive independent study of the world’s major players in risk and compliance technology. At the organization’s annual award ceremony, Nasdaq was awarded with category wins in Trade Surveillance and Managed Services: Financial Crime, and the company moved up to 18th place in RiskTech100®’s ranking of the top 100 players in the industry.

Key Points: 
  • Wins Awards in Trade Surveillance and Managed Services: Financial Crime Categories
    NEW YORK, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Nasdaq, Inc .
  • (Nasdaq: NDAQ) today announced the company was recognized by Chartis annual RiskTech100 awards, the most comprehensive independent study of the worlds major players in risk and compliance technology.
  • Category specific awards were won in the Trade Surveillance category for Nasdaq Trade Surveillance and Nasdaq Market Surveillance, and the Managed Services: Financial Crime category for Nasdaq Trade Surveillance, Nasdaq Market Surveillance and Verafin AML and Fraud Detection solutions.
  • Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries.