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Sunbit Secures a $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management

Mon, 11/04/2024 - 09:02
LOS ANGELES--(BUSINESS WIRE)--Sunbit, the company building financial technology for real life, announced today that it closed a $355 million debt warehouse facility led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management. This marks Sunbit’s second debt warehouse facility announcement in 2024, following the news of a $310 million facility with Citi and Ares Management earlier this year. Sunbit, which built its reputation for providing access to fair, transparent and accessible finan

OneSpan’s Cloud-Native Guidewire Integration to Drive Cloud Adoption for P&C Insurance Carriers

Mon, 11/04/2024 - 09:02
BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced the availability of its new Ready for Guidewire integrations in the Guidewire Marketplace to drive cloud adoption within the P&C sector. OneSpan Sign’s new cloud-native integrations with Guidewire InsuranceSuite on Guidewire Cloud delivers an end-to-end digital workflow allowing P&C insurance carriers to launch faster with reduced complexity and operational burden. In a rapidly changing digital world, it’s become criti

DigitalOwl Moves Beyond Summaries, Delivering Actionable Insights from Medical Records Using AI Agents

Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--DigitalOwl introduces Case Notes to transform medical records into actionable insights, empowering insurance and legal professionals.

Southlake Specialty Insurance Company Partners with Data-Driven Risk Exchange Accelerant

Mon, 11/04/2024 - 09:02
DALLAS--(BUSINESS WIRE)--Southlake Specialty Insurance Company (“Southlake”), part of the Texas-based Southlake Financial Group, which specializes in program-focused property and casualty insurance, has announced its partnership with Accelerant, a data-driven Risk Exchange. This collaboration will allow Southlake to provide the capacity to select specialty insurance underwriters within the Risk Exchange. Southlake has an AM Best A- (Excellent) rating and Financial Size Category of VIII ($100 mi

Insigneo Recruits Former Merrill Lynch Advisor to Strengthen its Network

Mon, 11/04/2024 - 09:02
MIAMI--(BUSINESS WIRE)--Insigneo, a prominent name in wealth management, announces the addition of Esteban Diaz as Senior Vice President to its expanding network. Diaz joins Insigneo under the guidance of Chile Market Head Jose Luis Carreño, further strengthening the firm’s commitment to serving high-net-worth clients in Latin America. Esteban Diaz is a seasoned International Wealth Advisor with a robust background in asset allocation and customized investment solutions. His career began in San

RAFTR Roofing + Exteriors Streamlines Financing for Customers with the GreenSky® Program

Mon, 11/04/2024 - 09:02
ATLANTA--(BUSINESS WIRE)--RAFTR Roofing + Exteriors (RAFTRx), a top-rated roofing and outdoor exterior solutions provider that specializes in the insurance-claim sector, announced today its collaboration with GreenSky. “This new relationship with the GreenSky® Program demonstrates our continuing commitment to partner with innovative industry leaders to put our customers in the driver’s seat when it comes to roof repair,” shares Gyner Ozgul, CEO of RAFTR Roofing + Exteriors. “From a business per

TPG Reports Third Quarter 2024 Results

Mon, 11/04/2024 - 09:02
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited third quarter 2024 results. TPG issued a full detailed presentation of its third quarter ended September 30, 2024 results, which can be viewed through the Investor Relations section of TPG’s website at shareholders.tpg.com. “TPG’s strong third quarter results highlight the broad-based momentum across our firm,” said Jon Winkelried, Chief Executiv

NICE Launches CXone Mpower SmartSpeak, Eliminating Language Barriers in Real-Time for Exceptional Global CX

Mon, 11/04/2024 - 09:02
HOBOKEN, N.J.--(BUSINESS WIRE)-- #ArtificialIntelligence--NICE (Nasdaq: NICE) today announced the launch of CXone Mpower SmartSpeak, an innovative AI-powered solution designed to break down language barriers and enable effortless global communication for businesses. Designed to enhance both customer and employee experiences, CXone Mpower SmartSpeak provides real-time language interpretation for customer service and sales interactions, empowering organizations to expand their international reach without the need for supp

Aspen Standard Wealth Acquires $2.8 Billion AUM Summitry

Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Aspen Standard Wealth, which serves as a permanent home and long-term partner for successful RIAs, announced today that it has acquired Summitry, a leading registered investment adviser with $2.8 billion in assets under management (AUM). Summitry, based in the San Francisco Bay area, provides personalized financial planning and investment strategies rooted in local insights. Founded in 2003, the firm offers access to a wide range of institutional-grade investing and a

Esteemed Publishers’ Rights Law Firm Dazi Launches HBSS France, Expanding Global Antitrust Initiative

Mon, 11/04/2024 - 09:02
PARIS--(BUSINESS WIRE)-- #EU--Esteemed antitrust attorneys at Hagens Berman and Dazi Avocats have joined to launch Paris-based HBSS France to support competition on a global scale.

Algebrik AI Secures $4M in Series A to Disrupt the Global Loan Origination Software Market

Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)-- #AI--Algebrik AI Secures $4M in Series A to accelerate the development of its groundbreaking loan origination software.

Enfusion Announces Third Quarter 2024 Results

Mon, 11/04/2024 - 09:02
NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Enfusion, Inc. ("Enfusion") (NYSE: ENFN), a leading provider of software-as-a-service (SaaS) solutions for investment managers, has posted its third quarter 2024 financial results as part of its Q3 2024 Shareholder Letter which can be viewed by navigating to the Financials section of its Investor Relations website at http://ir.enfusion.com. 3Q24 Earnings Conference Call Management will host a conference call today, November 4, 2024, at 8:30 AM ET

Atlantic International Corp. and Staffing 360 Solutions, Inc. Enter Into Definitive Merger Agreement to Establish Leading Human Capital Management, Outsourced Services and Workforce Solutions Company

Mon, 11/04/2024 - 09:02
ENGLEWOOD CLIFFS, N.J. & NEW YORK--(BUSINESS WIRE)--Atlantic International Corp. (“Atlantic”) (OTC: ATLN), and Staffing 360 Solutions, Inc. (“Staffing 360”) (Nasdaq: STAF), both leading providers of strategic outsourced services and workforce solutions, today announced that their boards of directors unanimously approved a definitive agreement under which Atlantic will acquire all outstanding shares of Staffing 360’s common stock. The Staffing 360 shareholders will receive 1.202 Atlantic shares

The New York Times Company Reports Third-Quarter 2024 Results

Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that its third-quarter 2024 financial results are available on The New York Times Company’s investor relations website at investors.nytco.com. As previously announced, The New York Times Company will host its earnings conference call today at 8:00 a.m. E.T. to discuss these results. A live webcast of the earnings conference call will be available at investors.nytco.com. Participants can pre-register for the teleph

eRESI Secures Additional Investment from KKR

Mon, 11/04/2024 - 09:02
NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--eRESI Capital, LLC (“eRESI” or the “Company”), an innovative mortgage funding platform that offers comprehensive private capital solutions to the residential mortgage market, today announced that it has secured a new investment from insurance accounts managed by KKR, a leading global investment firm. These insurance accounts initially invested in eRESI in 2021. The additional capital is expected to help the Company continue to reach new origination m

FIS Reports Strong Third Quarter 2024 Results and Raises Full-Year Outlook

Mon, 11/04/2024 - 09:02
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE:FIS), a global leader in financial technology, today reported its third quarter 2024 results. “We delivered another strong quarter of financial outperformance, and are once again raising our full-year outlook,” said FIS CEO and President Stephanie Ferris. “The strength of the partnerships and new business signings this quarter underpin our continued execution against our strategy to unlock financial technology to the world across the money lifecyc

FIS Appoints Kourtney Gibson to the Board of Directors

Mon, 11/04/2024 - 09:02
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) today announced the appointment of Kourtney Gibson to its Board of Directors (the “Board”). Her appointment increases the size of the Board from nine to ten directors, nine of whom, including Ms. Gibson, are independent. “We are pleased to welcome Kourtney to the FIS Board,” said Jeffrey Goldstein, Independent Chairman of the Board. “She is an accomplished business leader that brings a deep understanding of

Matrix Executions Launches Global Trading Hours Access Solution for US Listed Options

Mon, 11/04/2024 - 09:02
CHICAGO--(BUSINESS WIRE)--Matrix Executions advances technology with the ability to execute in US Options Global Trading Hours and extended US Equities session.

Monomoy Acquires Oliver’s Food Packaging and Equipment Business

Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, announced today its acquisition of Oliver Packaging and Equipment (Oliver). The acquisition extends Monomoy’s track record of executing corporate carve-outs, building on the firm’s recent carve-outs of Waupaca Foundry from Proterial, Ltd. and Valtir (formerly Trinity Highway Products) from Trinity Industries, Inc. Oliver will continue to operate und

Marsh McLennan’s Mercer Completes Acquisition of Cardano

Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced the completion of the acquisition of Cardano. Terms of the transaction were not disclosed. The addition of Cardano cements Mercer’s position as one of the leading providers of pension services in the UK and the Netherlands and advisory and inves

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