Asset Management
BlackRock, Jupiter and Lazard buy into Allfunds Group IPO
BlackRock, Jupiter Asset Management, Lazard Asset Management and Janus Henderson have formed the cornerstone investors of Allfunds Group by committing to €850m worth of investments as the Spanish group made its stock market debut.
The Spanish group, which started life...
News
Swiss digital banking alternative, CrescoFin, partners with Veriff to reduce identity fraud online
Veriff, a global identity verification provider is partnering with Swiss digital banking alternative, CrescoFin, to provide a solution that reduces the risk of identity fraud for their global customer base.
As new users sign up to CrescoFin’s app, Veriff’s AI-driven...
News
ABN AMRO, TNO develop self-healing cybersecurity solution
The Netherlands-based ABN AMRO, in partnership with TNO (Netherlands Organisation for Applied Scientific Research), has developed a new self-healing cybersecurity solution.
The new self-healing cybersecurity software mimics the human immune system, with the capability to repair itself when attacked by...
Insurance
Enstar completes ADC reinsurance transaction with AXA XL
A wholly owned subsidiary of Enstar Group Limited has completed an adverse development cover (ADC) transaction with AXA XL, the property & casualty and specialty risk division of AXA.
handshake-bwUnder the terms of the arrangement, Enstar’s subsidiary assumed reinsurance losses...
Asia Pacific
CtrlS Datacenters partners with an Indian life insurance company for strategic technology solutions
CtrlS Datacenters has collaborated with Canara HSBC Oriental Bank Of Commerce Life Insurance as a strategic technology partner to enhance their overall technology infrastructure resilience by deciding to operate out of one of CtrlS data center facilities thereby supporting...
Banking
EU charges Apple with antitrust behaviour over in-app payment rules
European Union (EU) regulators have reportedly accused tech giant Apple of breaching antitrust laws by not allowing developers to provide other buying options outside of apps, to iPhone and iPad users.
Apple’s rules over its in-app payment system, which is...
Asset Management
CACEIS selected for outsourcing Lifetris asset management
CACEIS’ outsourcing service has been selected by the Dutch insurer Lifetri Group for its middle and back-office asset management.
The service to Lifetri includes full investment administration, transaction processing and investment reporting allowing the firm to focus on its growth...
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