Fintech

Krungsri Asset Management Adopts Charles River’s Strategic Cloud Solution

Retrieved on: 
Tuesday, March 21, 2023
Finance, Data Analytics, Professional Services, Asset Management, Fintech, State Street

Charles River® Development , a State Street company, announced that Krungsri Asset Management Co Ltd. (Krungsri Asset), a leading Thai asset management firm and long-term client, has transitioned their front office operation to Charles River’s cloud-based platform.

Key Points: 
  • Charles River® Development , a State Street company, announced that Krungsri Asset Management Co Ltd. (Krungsri Asset), a leading Thai asset management firm and long-term client, has transitioned their front office operation to Charles River’s cloud-based platform.
  • Krungsri Asset uses the Charles River Investment Management Solution (Charles River IMS) for their mutual, private, provident, and property funds supporting equity, fixed income, and derivative asset classes.
  • “Transitioning to cloud delivery and services in Charles River IMS has enabled us to modernize our operating model and deliver the most up-to-date capabilities to our portfolio management, trading and compliance teams,” said Prasert Impornrugee, chief technology officer, Krungsri Asset.
  • “Our platform helps firms like Krungsri Asset achieve their goals by better controlling costs and leveraging the latest capabilities our platform provides at the scale they need.”

OppFi Announces Fourth Quarter and Full Year 2022 Earnings Conference Call

Retrieved on: 
Monday, March 20, 2023
Professional Services, Payments, Technology, Software, Finance, Fintech, Digital Cash Management, Digital Assets, NYSE, Cryptocurrency

OppFi Inc. (NYSE:OPFI) (“ OppFi ” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, will report financial results for its fourth quarter and full year 2022 after the market-close on Thursday, March 23, 2023.

Key Points: 
  • OppFi Inc. (NYSE:OPFI) (“ OppFi ” or the “Company”), a mission-driven fintech platform that helps everyday Americans gain access to credit with digital specialty finance products, will report financial results for its fourth quarter and full year 2022 after the market-close on Thursday, March 23, 2023.
  • Management will host a conference call on March 23, 2023 at 4:30 p.m.
  • The webcast of the conference call will be available on the Investor Relations section of the Company's website.
  • The conference call can also be accessed with the following dial-in information:

Cipher Mining Announces Leadership Team Promotions

Retrieved on: 
Monday, March 20, 2023
Morgan Stanley, Wardwell, Fintech, Iona University, CFA, General counsel, Lehman Brothers, University of British Columbia, Morgan, Lewis & Bockius, Magnetar Capital, DePaul University, Mentorship, Institute of Chartered Financial Analysts of India, LL.B, Goldman Sachs, Business administration, Documentation, Partner, Project management, University, Corporation, Deutsch, Morgan, Growth, Cryptocurrency, Management, Cipher

NEW YORK, March 20, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, today announced that Patrick Kelly and Will Iwaschuk have been promoted to Co-President, and that Olivia Stennett has been promoted to Chief Administrative Officer.

Key Points: 
  • As Co-Presidents, Mr. Kelly and Mr. Iwaschuk will lead and scale Cipher’s growth and business operations, including bitcoin mining and potential adjacent opportunities.
  • “At all levels, Cipher’s team is its greatest competitive advantage, and we are fortunate to have all three of these talented leaders,” said Mr.
  • They have been part of the executive management team at Cipher since well before we went public, and they have been instrumental in growing Cipher from a greenfield startup to one of the largest bitcoin mining companies in the world.”
    “Everyone at Cipher has been quietly working hard to get to this exciting stage of the Company’s growth.
  • I am grateful for the opportunity to work with this talented team as we expand our opportunities and impact,” said Mr. Iwaschuk.

Philippe Gilbert, Former UPS President of Supply Chain Solutions, Joins Trade Finance Disruptor TCC

Retrieved on: 
Monday, March 20, 2023
Software, Supply Chain Management, Professional Services, Fintech, Data Management, Technology, Retail, Trucking, Transport, Finance, Other Technology, Logistics, Stanford University, Gilbert, McKinsey & Company, Tech, Silicon, TCC, Spencer Stuart, Supply, Management, Flex

Philippe Gilbert, former President of UPS Supply Chain Solutions, joins TCC’s board of advisors, the inventory funding firm announced today.

Key Points: 
  • Philippe Gilbert, former President of UPS Supply Chain Solutions, joins TCC’s board of advisors, the inventory funding firm announced today.
  • Gilbert brings a wealth of international experience in logistics and supply chain management to TCC as the fintech company is set to take its integrated supply chain platform and working capital optimization solution global.
  • Until recently Gilbert was responsible for UPS’ multi-billion-dollar Supply Chain Group, responsible for global logistics, distribution, and freight forwarding globally.
  • TCC is pushing the boundaries of what is possible in supply chain optimization with its integrated 1TCC™ platform.

Coalition Releases New Method for Modeling Aggregate Cyber Risk, Demonstrating Cyber is Insurable

Retrieved on: 
Monday, March 20, 2023
Technology, Insurance, Security, Fintech, Other Technology, Professional Services, Digital Cash Management, Digital Assets, Data Management, Other Professional Services, Internet, Policy, Active, ATV, CIS, Cal, Sale, Organization, Risk, Florida Literacy Coalition, Inc., Risk management, Coalition

In a simulation modeled against a sampling of 5,000 American companies, Coalition found that a one-in-250-year cyber event could cost more than $370 million in losses.

Key Points: 
  • In a simulation modeled against a sampling of 5,000 American companies, Coalition found that a one-in-250-year cyber event could cost more than $370 million in losses.
  • When extrapolated across the entire U.S. economy, a catastrophic cyber event could cost an estimated $29.8 billion in total losses.
  • For insurers, mapping cyber events to policyholders and the technologies they use are key to modeling aggregate risk.
  • These shared technology dependencies, which Coalition calls “aggregation technologies and vendors (ATVs),” create aggregate cyber risk.

OCR Labs featured in the Federal Reserve’s FedNowSM Service Provider Showcase

Retrieved on: 
Monday, March 20, 2023
Technology, Payments, Finance, Fintech, Banking, Other Technology, Professional Services, Software, Digital Cash Management, Digital Assets, Artificial Intelligence, Federal Reserve Bank, Organization, Federal, FedNow, Online shopping, Cryptocurrency

OCR Labs is proud to be featured in the Federal Reserve’s FedNow Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions.

Key Points: 
  • OCR Labs is proud to be featured in the Federal Reserve’s FedNow Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions.
  • “We’re thrilled to be part of the FedNow Service Provider Showcase and look forward to helping other organizations implement instant payments,” said Bryan Smythe, President- Americas, OCR Labs.
  • Our RIVT capabilities enable the secure flow of instant payments for financial institutions, businesses and individuals.
  • “We appreciate the commitment of OCR Labs to enabling FedNow adoption and participating in the showcase,” said Nick Stanescu, Federal Reserve Bank senior vice president and FedNow business executive.

Praxent Introduces Accelerator App, Helping WealthTechs Speed Time to Market

Retrieved on: 
Monday, March 20, 2023
Other Professional Services, Other Technology, Software, Finance, Internet, Consulting, Hardware, Banking, Electronic Design Automation, Consumer, Accounting, Data Management, Professional Services, Consumer Electronics, Technology, Mobile, Wireless, Fintech, Apps, Applications, Accelerator, UX, Architecture, APEX, MX, Cryptocurrency, Video game

Praxent , a fintech product agency with more than two decades of experience, has launched its Accelerator App to help wealth techs expedite time to market.

Key Points: 
  • Praxent , a fintech product agency with more than two decades of experience, has launched its Accelerator App to help wealth techs expedite time to market.
  • The offering includes pre-built functionality that allows wealthtech providers to launch a robo-advisor with less cost and more speed.
  • “With our Accelerator App, we’re delivering the speed of off-the-shelf technology with the flexibility of building it yourself – a blend that doesn’t exist anywhere else in the market today,” said Tim Hamilton , CEO and founder of Praxent.
  • “This new offering is another example of how Praxent is accelerating fintech innovation for our clients without ever sacrificing quality."

Pico’s Data Science Team Analyzes IntelligentCross ASPEN for Price Improvement, Performance Quality and Market Impact

Retrieved on: 
Monday, March 20, 2023
Technology, Finance, Security, Fintech, Professional Services, Software, Data Analytics, Data Management, Other Professional Services, NBB, NBBO, Russell, ASPEN, Cryptocurrency

*Average difference to NBB / NBO (strictly inside) shows the same average taken over periods when the ASPEN quote is strictly better than the NBBO quote.

Key Points: 
  • *Average difference to NBB / NBO (strictly inside) shows the same average taken over periods when the ASPEN quote is strictly better than the NBBO quote.
  • We’re pleased to see that the goals we have for improving execution quality are being demonstrated in these measurable ways.
  • Pico’s analysis of IntelligentCross ASPEN orders demonstrated that they display prices superior to the NBBO more than ten percent of the time for S&P 500 stocks, and the post-trade data at various time increments shows lower market impact versus the market overall.
  • The IntelligentCross ASPEN displayed market data feed (IQX) is available free of charge.

FlexTrade Hires Senior Sell-Side OMS Specialist to Drive Growth in EMEA Region

Retrieved on: 
Monday, March 20, 2023
Data Management, Banking, Accounting, Technology, Professional Services, Other Technology, Asset Management, Software, Other Professional Services, Fintech, Finance, Head, Rajiv, Maine Principals' Association, Organization, ETF, OMS, Growth, Principal, Fidessa, Cryptocurrency, Management, Retail, Sales

FlexOMS, the flagship OMS platform within FlexTrade's suite of sell-side solutions, is designed to boost trading efficiency by simplifying the complexities of today's trading workflows.

Key Points: 
  • FlexOMS, the flagship OMS platform within FlexTrade's suite of sell-side solutions, is designed to boost trading efficiency by simplifying the complexities of today's trading workflows.
  • In this newly created role, Rajiv will drive FlexTrade's business strategy and growth of the solutions to trading desks within EMEA.
  • A key component of executing our growth strategy for the solution and business in EMEA is ensuring we have the best people in place.
  • Alongside this, the advanced capabilities of FlexOMS make it one of the most compelling offerings available within the OEMS space. "

Former Deputy Secretary at Department of Defense, John C. Rogers, Joins HUB Security Advisory Board

Retrieved on: 
Monday, March 20, 2023
Fintech, United States Department of Defense, HUB, Defense, Public policy, Advisory board, Government, TEL, The Company, Confidentiality, Knowledge, Growth, Principal, Hub, Risk management, Arms industry

TEL AVIV, Israel, March 20, 2023 /PRNewswire/ -- HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), today announced that John C. Rogers has joined its Advisory Board.

Key Points: 
  • Rogers brings over 25 years of experience to Hub Security operating at the intersection of technology, security, public policy, and global challenges.
  • Rogers' unique insight and experience make him a valuable addition to the Hub Security Advisory Board.
  • Uzi Moskowitz, retired general and CEO of Hub Security, stated: "We are thrilled to have John join our Advisory Board.
  • With the addition of Rogers, Hub Security will be well positioned to expand its offerings and grow its global reach.