Cross-Border Inter-Bank Payments System

Hardware Security Modules Market worth $2.0 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 23, 2022
Cloud, Knowledge, HSM, Transport, GEM, High Assurance Internet Protocol Encryptor, STMicroelectronics, PAYG, Risk, Transport layer, Sale, Internet, Cloud computing, IBM, Transport Layer Security, Organization, Internal, Growth, Hardware, Microchip Technology, Final good, Industry, Telecommunication, Public expenditure, USD, WebSocket, API, Intelligence, Defense, TLS, USB flash drive, Technology, SME, BFSI, Infineon Technologies, CSP, Cross-Border Inter-Bank Payments System, ATM, Fraud, ATOS, External, Research, SSL, Internet of things, IOT, Identity theft, CAGR, Renewable energy, Online shopping, Marketing, Thales of Miletus, Health care

The key factors contributing to the growth of the Hardware security module market include the requirement for effective management of cryptographic keys, and the need to follow stringent data security compliances are among the factors driving the growth of the Hardware security module market.

Key Points: 
  • The key factors contributing to the growth of the Hardware security module market include the requirement for effective management of cryptographic keys, and the need to follow stringent data security compliances are among the factors driving the growth of the Hardware security module market.
  • Secure Socket Layer (SSL) and Transport Layer Security (TLS) are cryptographic protocols that provide communications security over a computer network.
  • Hardware security modules help protect master SSL encryption keys, ensuring the overall integrity of the SSL process.
  • The significant presence of major companies offering cloud-based services in the hardware security modules market in this region for different verticals such as healthcare and IT & telecom also fuels market growth in North America.

Hardware Security Modules Market worth $2.0 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 23, 2022
Cloud, Knowledge, HSM, Transport, GEM, High Assurance Internet Protocol Encryptor, STMicroelectronics, PAYG, Risk, Transport layer, Sale, Internet, Cloud computing, IBM, Transport Layer Security, Organization, Internal, Growth, Hardware, Microchip Technology, Final good, Industry, Telecommunication, Public expenditure, USD, WebSocket, API, Intelligence, Defense, TLS, USB flash drive, Technology, SME, BFSI, Infineon Technologies, CSP, Cross-Border Inter-Bank Payments System, ATM, Fraud, ATOS, External, Research, SSL, Internet of things, IOT, Identity theft, CAGR, Renewable energy, Online shopping, Marketing, Thales of Miletus, Health care

The key factors contributing to the growth of the Hardware security module market include the requirement for effective management of cryptographic keys, and the need to follow stringent data security compliances are among the factors driving the growth of the Hardware security module market.

Key Points: 
  • The key factors contributing to the growth of the Hardware security module market include the requirement for effective management of cryptographic keys, and the need to follow stringent data security compliances are among the factors driving the growth of the Hardware security module market.
  • Secure Socket Layer (SSL) and Transport Layer Security (TLS) are cryptographic protocols that provide communications security over a computer network.
  • Hardware security modules help protect master SSL encryption keys, ensuring the overall integrity of the SSL process.
  • The significant presence of major companies offering cloud-based services in the hardware security modules market in this region for different verticals such as healthcare and IT & telecom also fuels market growth in North America.

ACTIF 2022 opens new trade and investment path between the Caribbean and Africa 

Retrieved on: 
Friday, September 16, 2022
People, Destiny, Central bank, Ghana Export Promotion Authority, Culture, Central Bank of Barbados, Dominica, Technology transfer, Memorandum of understanding, The Business Council, African Union Commission, Republic, CAB, AfCFTA, GEPA, Partnership, Adani Ports & SEZ, Environment, Government, Commonwealth, Hill, Private sector, CARICOM, Investment, Cross-Border Inter-Bank Payments System, Swiss Iranian Investment Forum, Grenadines, Food security, Insurance, Commerce, Federation, Microsoft, Research, BCCI, Association, African Continental Free Trade Area, GLOBE, Pleasure, Development corporation, AUC, Tourism, Executive, Government of Barbados, Airline, Drug, Renewable energy, Creative industries, Industry, African Export–Import Bank

The forum opened a new chapter for the relations between the Caribbean and Africa.

Key Points: 
  • The forum opened a new chapter for the relations between the Caribbean and Africa.
  • Held under the theme, 'One People, One Destiny, Uniting and Reimagining Our Future', the forum set in motion various initiatives to further deepen and build new trade and investment relationships between Africa and the Caribbean.
  • The Prime Minister of Barbados - Mia Amor Mottley, expressed pleasure at being selected as the host country for ACTIF 2022.
  • Promotion of trade and investment between Africa and the Caribbean as the forum served as the platform for market identification, building business partnerships, exchange of trade and market information, and co-investments.

Indus Insights, a Leading Data Science & Analytics Consulting Firm, Raises Growth Capital Funding

Retrieved on: 
Thursday, September 8, 2022
COO, Machine learning, Partnership, Workforce, CEO, PE, IIT Bombay, Financial services, Credit union, Investment, HR, Citibank, BFSI, Bloomingdale, Capital One, INR, Data science, Cullman, CAGR, Organization, News, Algorithm, Specialization, Network intelligence, Cross-Border Inter-Bank Payments System, Helix, Growth, Acquisition, Management, Indus River, Financial technology, Insurance

WILMINGTON, Del. and GURGAON, India , Sept. 8, 2022  /PRNewswire-PRWeb/ -- Indus Insights, a leading Data Science & Advanced Analytics Consulting firm, has announced a fresh round of funding. This investment of approximately INR 50 Cr ($6 Mn)., a mix of primary and secondary transactions, has been made by Helix Investments – an India focused PE firm. Helix is known for providing capital and strategic support to growth stage organizations and has invested in the past in several Indian companies, especially in the technology services sector.

Key Points: 
  • and GURGAON, India, Sept. 8, 2022 /PRNewswire-PRWeb/ -- Indus Insights, a leading Data Science & Advanced Analytics Consulting firm, has announced a fresh round of funding.
  • "Organizations can unlock tremendous value using data science & analytics, and the untapped potential in the space remains immense.
  • This combination of sectoral expertise and top-notch talent has helped Indus Insights become the preferred data science & analytics partner for many leading and innovative firms globally.
  • Indus Insights is a Data Science, Machine Learning, and Advanced Analytics services organization.

Accordion Announces Strategic Growth Investment from Charlesbank Capital Partners and Motive Partners

Retrieved on: 
Thursday, September 8, 2022
Professional Services, Technology, Other Technology, Finance, Consulting, Accounting, Health care, Software, Partnership, CEO, Technology, ERP, Enterprise, Financial services, Culture, Cross-Border Inter-Bank Payments System, EPM, Consultant, Charlesbank Capital Partners, CFOS, Accenture, LP record, Willkie Farr & Gallagher, Heartland Industrial Partners, Investment, Goal, CFO, FFL, Ropes & Gray, Enterprise resource planning, Guggenheim Partners, Business performance management, History, Leadership, Investment management, Group, LLC, Friedman Fleischer & Lowe, Capital market, Information services, Growth, Acquisition, Data Analytics Acceleration Library, Gibson, Dunn & Crutcher, Management, Insurance, Motive, Accordion

Accordion, a private equity-focused financial and technology consulting firm, announced that it has received a majority growth investment from Charlesbank Capital Partners (Charlesbank), a middle-market private investment firm, and Motive Partners (Motive), a specialist private equity firm focused on financial technology.

Key Points: 
  • Accordion, a private equity-focused financial and technology consulting firm, announced that it has received a majority growth investment from Charlesbank Capital Partners (Charlesbank), a middle-market private investment firm, and Motive Partners (Motive), a specialist private equity firm focused on financial technology.
  • Throughout its history, the firm has experienced rapid and sustained organic growth, which accelerated following FFL Partners minority investment in 2018.
  • Charlesbank and Motive are best-in-class PE firms and the perfect partners to help Accordion in the next stage of our accelerated and ambitious growth trajectory, said Mr. Leopard.
  • Based in Boston and New York, Charlesbank Capital Partners is a middle-market private investment firm with more than $15 billion of capital raised since inception.

Motive Partners Raises $2.5 Billion

Retrieved on: 
Tuesday, July 12, 2022
Finance, Professional Services, Other Technology, Technology, Software, FNZ, Technology, Capital market, Information services, Investment management, Foundation, Fund, Partner, Private-equity fund, Data Analytics Acceleration Library, Growth, Software, Cross-Border Inter-Bank Payments System, Financial services, Insurance, Motive

Motive Partners ("Motive"), a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2 (the "Fund"), with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles.

Key Points: 
  • Motive Partners ("Motive"), a leading specialized private equity firm focused on financial technology, today announced the successful final close of its second flagship fund, Motive Capital Fund 2 (the "Fund"), with total capital commitments of $2.54 billion for the Fund and its affiliated co-investment vehicles.
  • The Fund employs the same investment strategy executed in Motive Partners' inaugural flagship fund.
  • Rob Heyvaert, Founder & Managing Partner at Motive Partners, commented: "We are deeply grateful for the support from our existing investors and are delighted to welcome a roster of new partners to the Motive family - thank you for your trust.
  • Motive Partners is a privately held firm majority-owned by its partners, and brings differentiated expertise, connectivity, and capabilities to create long-term value in financial technology companies.

Clearlake Capital and Motive Partners Complete Acquisition of Wealth Management Software Platform BETA+ from LSEG and Launch BetaNXT℠ Brand with New Management Team

Retrieved on: 
Friday, July 1, 2022
Software, Technology, Professional Services, Finance, Acquisition, London Stock Exchange Group, Sidley Austin, Vision, Partner (business rank), Rutka, BETA, Wells Fargo, Capital market, Growth, Industry, BNP Paribas, Cross-Border Inter-Bank Payments System, Information services, Digital, Investment management, FTI Consulting, Investment, Partnership, Technology, UBS, Data Analytics Acceleration Library, Software, Capital Group Companies, CA, Process, Entrepreneurship, Goldman Sachs, LSEG, Solution, Twitter, Financial services, Management, Motive, Insurance

In connection with the closing, BetaNXT announced its new leadership team, whose vision is to create the interconnected wealth management experience of the future.

Key Points: 
  • In connection with the closing, BetaNXT announced its new leadership team, whose vision is to create the interconnected wealth management experience of the future.
  • We acquired a solid foundation in BetaNXT, which brings with it industry-leading capabilities in transaction processing and deep ties to the wealth management industry.
  • Additionally, Clearlake and Motive Partners have formed a long-term strategic partnership with LSEG, through which LSEG will work hand in hand with BetaNXT and the Sponsors wealth management portfolio companies, providing content, data, and tools.
  • Together with BetaNXT, wealth management firms are transforming their platforms into differentiating assets that enable enterprise scale and stimulate commercial growth.

Engagement Banking Leader Backbase Raises €120M From Motive Partners

Retrieved on: 
Thursday, June 9, 2022
Technology, Mobile, Wireless, Finance, Security, Banking, Professional Services, Software, Internet, Data Management, HDFC, Leadership, IDC, Citizens Bank, Marketing, Engagement, ENT, Capital market, Cross-Border Inter-Bank Payments System, Bank, Washington State Employees Credit Union, Software, CEO, Philippines, Partnership, BNP Paribas, Standard Bank, Data Analytics Acceleration Library, National Bank of Bahrain, Entrepreneurship, Bank of the Philippine Islands, Growth, Investment management, National bank, Information services, KeyBank, Foundation, Navy Federal Credit Union, Rale, Heart, HQ, Judo Bank, Insurance, NatWest

Backbase, creator of the category-leading Engagement Banking Platform, raised 120 million in growth equity funding from Motive Partners.

Key Points: 
  • Backbase, creator of the category-leading Engagement Banking Platform, raised 120 million in growth equity funding from Motive Partners.
  • Having grown organically to over 200 million in revenue, Backbase is now partnering with a Fintech specialist private equity firm, to further strengthen its claim on the Engagement Banking category.
  • Motive Partners is a founder-friendly partner, fully supporting Backbase in remaining an independent force and driving the Engagement Banking strategy, by continuing to focus on customer-centric innovation that transforms the financial services industrys siloed channels and legacy applications.
  • This investment will allow Backbase to double down on its vision for Engagement Banking and accelerate its mission of re-architecting banking around the customer.

Forge Global, Inc. and Motive Capital Corp Announce Closing of Business Combination to Create the First Publicly Traded Private Securities Marketplace

Retrieved on: 
Tuesday, March 22, 2022
Software, Technology, Professional Services, Finance, FTP, Company, Gibson, Dunn & Crutcher, Form, Oppenheimer, Forward-looking statement, Blythe Masters, UBS, NYSE, Register, SEC, Investment management, Broker-dealer, CEO, Data Analytics Acceleration Library, Cross-Border Inter-Bank Payments System, Capital market, Private Securities Litigation Reform Act, LLC, Software, Technology, Sponsor, J. P. Morgan, William Blair & Company, Solution, Information services, New, Acquisition, Security (finance), Financial adviser, Forge, Insurance, FORGE, MOTIVE CAPITAL CORP

Completing our business combination with Motive Capital Corp and becoming a public company is a significant milestone for Forge and for the private market, said Kelly Rodriques, CEO of Forge Global.

Key Points: 
  • Completing our business combination with Motive Capital Corp and becoming a public company is a significant milestone for Forge and for the private market, said Kelly Rodriques, CEO of Forge Global.
  • Securities-related services are offered through Forge Securities LLC (Forge Securities), a wholly-owned subsidiary of Forge Global, Inc.
  • Motive Capital Corp was sponsored by Motive Capital Funds Sponsor, LLC (the Sponsor), which is an affiliate of Motive Partners.
  • However, Motive Capital Corp (now Forge Global) is an independent publicly traded company, and not affiliated with Motive Partners.

Clearlake Capital and Motive Partners Agree to Acquire BETA+ from London Stock Exchange Group

Retrieved on: 
Monday, March 21, 2022
Industry, Private Securities Litigation Reform Act, Wells Fargo, Partner (business rank), LSEG, Gibson, Dunn & Crutcher, Partner, BETA, NEW, Investment, Motive, Forward-looking statement, Growth, BCG, Investment management, Wealth management, Capital, Data Analytics Acceleration Library, Entrepreneurship, Cross-Border Inter-Bank Payments System, Capital market, Sidley Austin, Software, Technology, Heartland Industrial Partners, Deloitte, Twitter, Digital, Ecosystem, Sponsor, London Stock Exchange Group, Carveout, Movement, Solution, News, Information services, Partnership, Financial services, Insurance

SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake") and  Motive Partners ("Motive" and collectively, the "Sponsors"), today announced that they have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group ("LSEG"), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax basis reporting software), and Digital Investor (front-end client solutions), collectively referred to as "BETA+". Additionally, Clearlake and Motive Partners have simultaneously formed a long-term strategic partnership with LSEG, in which LSEG will provide content, data, and tools to BETA+ and the Sponsors' other portfolio companies.

Key Points: 
  • By acquiring the BETA+ assets from LSEG and creating a standalone platform, Clearlake and Motive intend to execute on a buy and build strategy, supported by Clearlake's proprietary O.P.S.
  • Clearlake and Motive continue to execute on a similar thesis with their existing portfolio company, InvestCloud.
  • Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies.
  • Clearlake and Motive Partners assume no obligation to update any forward-looking statements, which speak only as of the date of this news release.