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Morningstar Releases Medalist Ratings for 529 College-Savings Plans, Including 11 Upgrades and Nine Downgrades

Tue, 10/29/2024 - 09:58
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced Morningstar Medalist Ratings™ for 59 of the nation’s most prominent 529 college-savings plans. These plans account for more than 95% of 529 industry assets as of Aug. 31, 2024. The Medalist Ratings reflect Morningstar manager research analysts’ forward-looking views of which plans are best suited to help investors reach their goals. It has five tiers—Gold, Silver, B

MetricStream Recognized as a Top 12 Risk Technology Leader in Chartis RiskTech100® 2025, Named Category Winner in Enterprise GRC and Audit

Tue, 10/29/2024 - 09:58
SAN JOSE, Calif.--(BUSINESS WIRE)-- #AI--MetricStream is recognized as a top 12 Risk Technology Leader in Chartis RiskTech100® 2025 and is named Category Winner in Enterprise GRC and Audit

Accenture Federal Services Wins $1.6 Billion U.S. Air Force Cloud One Task Order

Tue, 10/29/2024 - 09:58
ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services has been awarded a Task Order of up to $1.6 billion to efficiently scale and enhance the U.S. Air Force’s multi-cloud Cloud One environment. This Task Order is the first of three follow-ons to the Air Force’s original Cloud One contract and serves as the agency’s one-stop multi-cloud, multi-vendor ecosystem for cutting-edge cloud services. Under the terms of the Task Order, Accenture Federal Services will perform as a managed service p

Majesco’s Platinum Sponsorship at Joint Industry Forum to Feature Game-Changing GenAI and Risk Management Solutions for Insurance

Tue, 10/29/2024 - 09:58
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance solutions for insurance business transformation, announces its Platinum Sponsorship at the Joint Industry Forum (JIF), held from November 19 – 20th, 2024, at the Hyatt Regency Miami. This year’s JIF focuses on pivotal industry challenges and innovations, with a special emphasis on climate resilience, legal system abuse, and the evolving role of AI and GenAI in transforming risk management and operations. “We’re thril

PitchBook Integrates Aftermarket Equity Research to Enhance Coverage of Private and Public Markets

Tue, 10/29/2024 - 09:58
SEATTLE--(BUSINESS WIRE)--PitchBook, the premier data provider for the private and public equity markets, today announced enhancements to its already robust research offering with the addition of third-party equity research in the redesigned PitchBook Research Center. Users can now access institutional-grade private market, equity, credit and third-party research from contributors like HSBC in one central location, making it easier to surface timely, relevant insights to support their investmen

Kestra Financial Welcomes $1.4 Billion Wealth Empowerment Financial Strategies

Tue, 10/29/2024 - 09:58
AUSTIN, Texas--(BUSINESS WIRE)--Kestra Financial, an industry-leading wealth management platform, today announced that it has welcomed Wealth Empowerment Financial Strategies (“WEFS”) to its network of independent wealth management firms. The firm, led by Senior Managing Director and founder Eric Lyon, and Senior Managing Director Tom Holly, specializes in wealth management and retirement solutions. Lyon and his team bring nearly three decades of experience, with WEFS offering sophisticated, se

Clearwater Analytics Announces Integration with Snowflake to Enable Data Collaboration and AI Capabilities for Asset Managers

Tue, 10/29/2024 - 09:58
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced a new integration with Snowflake, the AI Data Cloud company, to radically simplify how institutional asset managers and asset owners of all sizes utilize their data. This collaboration will integrate Clearwater data, including Prism, its investment data management solution, with Snowflake’s AI Data Clo

Brightwave Secures $15M Series A to Scale AI-Powered Financial Research Platform

Tue, 10/29/2024 - 09:58
NEW YORK--(BUSINESS WIRE)--Brightwave, the leading AI financial research platform, today announced the close of its $15 million Series A funding round. Led by Decibel Partners with participation from OMERS Ventures, this round brings Brightwave’s total funding to $21 million following an oversubscribed Seed round in June. In addition to its impressive fundraising, Brightwave has achieved 4x revenue growth in the four months since the announcement of its seed funding. “Brightwave users, from sta

Regions Bank Names Ray Hand as Regional Wealth Executive for Florida

Tue, 10/29/2024 - 09:58
TAMPA, Fla.--(BUSINESS WIRE)--Regions Bank on Tuesday announced Ray Hand has joined the bank to serve as Private Wealth Management regional executive for Florida. Hand will lead teams of Regions Private Wealth Management associates across Florida providing wealth planning and insights, financial guidance and custom-tailored investment services. Regions advisors serve markets across Florida including Miami-Dade, Fort Lauderdale, West Palm Beach, Orlando, the Tampa Bay area, Jacksonville, Fort My

Trilantic North America Honored as Leading Founder Friendly Investment Firm

Tue, 10/29/2024 - 09:58
NEW YORK--(BUSINESS WIRE)--Trilantic North America is pleased to have been once again selected for two annual awards that recognize the firm’s commitment to partnering with and driving meaningful growth across its portfolio companies. The firm was recently recognized on Inc. Magazine’s annual Founder-Friendly Investors list for 2024. This is Trilantic North America’s fourth consecutive year on the list, which celebrates companies that have a successful track record of collaborating and remainin

Spellbook Integrates Content From Thomson Reuters Practical Law to Enhance Contract Drafting

Tue, 10/29/2024 - 09:58
TORONTO--(BUSINESS WIRE)--Spellbook, the AI copilot for lawyers, announced today its integration of content from Thomson Reuters Practical Law, letting customers leverage the capabilities of both platforms to streamline contract and clause drafting in one place. Users of the integration will be able to pair access to thousands of Thomson Reuters Practical Law’s attorney-editor created standard documents and clauses with Spellbook’s AI drafting capability, allowing them to rapidly implement tail

ZoomInfo Sales, ZoomInfo Marketing, and Chorus Earn 2025 Buyer’s Choice Awards from TrustRadius

Tue, 10/29/2024 - 09:58
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo Sales, ZoomInfo Marketing, and Chorus by ZoomInfo earned 2025 Buyer’s Choice Awards from TrustRadius.

Everest Group Survey of CFOs Finding: The Right Partner Drives F&A Outsourcing Benefits

Tue, 10/29/2024 - 09:58
FLORHAM PARK, N.J.--(BUSINESS WIRE)--New research based on a survey of 200 CFOs by Everest Group, supported by Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, shows that outsourcing finance and accounting with Business Process Outsourcing (BPO) providers helps internal teams quickly achieve meaningful efficiency benefits. Finance areas with the highest ROI when outsourced CFOs participating in the survey reported an average return on invest

Synovus announces senior notes offering

Tue, 10/29/2024 - 09:58
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. today announced an underwritten public offering of senior notes due 2030.

Mantis Innovation Announces New Vice Presidents of Sales to Enhance Leadership Team

Tue, 10/29/2024 - 09:58
HOUSTON--(BUSINESS WIRE)-- #Energy--Mantis Innovation is pleased to announce the appointment of two new Vice Presidents of Sales, Jeremy Gonser and Richard Prinz. This strategic addition bolsters Mantis Innovation’s commitment to delivering exceptional sales leadership and driving growth across its diverse market segments. Jeremy Gonser, who joins Mantis as VP of Sales, Energy, previously held roles at Constellation, Hudson, Shell Energy, and Gridwealth. Jeremy has built and led successful sales teams, f

Vista Equity Partners and Vista Credit Partners Named to Inc.’s List of Founder-Friendly Investors for 2024

Tue, 10/29/2024 - 09:58
AUSTIN, Texas--(BUSINESS WIRE)--Vista Equity Partners, (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Vista Credit Partners, the firm’s credit-investing arm, today announced they have been named to Inc.’s list of Founder-Friendly Investors for 2024. This is the fifth consecutive year Vista has been honored in the private equity category, and the second time Vista Credit Partners has received this recognition as

SOFTRAX Partners with Planview to Automate Complex Project Execution through Billing and Revenue Recognition for the Professional Services Industry

Tue, 10/29/2024 - 09:58
CANTON, Mass.--(BUSINESS WIRE)--SOFTRAX, a leading provider of revenue lifecycle management solutions, and Planview, the leading end-to-end platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD), today announced a partnership to make SOFTRAX Revenue Management System (RMS) and AdaptiveWork from Planview available to customers of both companies. Together, SOFTRAX and Planview will offer revenue management -- including order management, billing, revenue recognitio

Reorg Rebrands to Octus: The Unrivaled Source for Global Credit Intelligence and Data

Tue, 10/29/2024 - 09:58
NEW YORK--(BUSINESS WIRE)--Reorg, the leading provider of global credit intelligence and data, announces it is renaming and rebranding itself to be, Octus. Revealing a new brand identity that better captures the breadth and depth of the company’s capabilities across the entire credit lifecycle, Octus reflects the company’s market leadership supporting the world’s leading buy side firms, investment banks, law firms and advisory firms. From deal origination and primary issuance to performing, str

Blackstone Closes First Series of Evergreen Institutional U.S. Direct Lending Fund with $22 Billion of Investable Capital; Brings Global Direct Lending Platform to over $123 Billion in AUM

Tue, 10/29/2024 - 09:58
NEW YORK--(BUSINESS WIRE)--Blackstone today announced the final close of the first series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (“BXD”). Blackstone has closed on approximately $22 billion of investable capital for the inaugural series of BXD and related vehicles, including anticipated leverage, exceeding our $10 billion target. This brings Blackstone’s global direct lending platform to over $123 billion in assets under management as of th

First Foundation Inc. Reports Third Quarter 2024 Financial Results

Tue, 10/29/2024 - 06:58
DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended September 30, 2024. The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx. At 8 a.m. PT / 11 a.m. ET, President and Chief Executive Office

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