MUMBAI, India, Dec. 11, 2024 /PRNewswire/ — Acies’ software for profitability management, Antares FCP, has been recognized by Chartis Research as a Category Leader in Fund Transfer Pricing, as part of the 2024 ranking of ALM systems. This recognition underscores the flexibility of Antares FCP to support business finance teams, as well as the no-code innovation that allows users to construct synthetic FTP curves and cost allocation from the front-end. “Acies’ category leader placing in our FTP quadrant reflects several factors, not least its approach to business-line management,” said Maryam Akram, Research Principal at Chartis Research.She adds, “Moreover, the solution offers automation and comprehensive support across…
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Recognized for Intelligent Customer Communications Management (CCM) and Automated Document Generation and CCM MINNEAPOLIS, Dec. 11, 2024 /PRNewswire/ — MHC, the leading provider of intelligent document automation and workflow SaaS solutions, has been named a Major Player in two separate IDC MarketScape 2024 reports: MHC CEO Gina Armada expressed her pride in the recognition, stating:”We are thrilled to be recognized as a Major Player in not one, but two IDC MarketScape reports. We believe this achievement underscores MHC’s commitment to delivering intelligent CCM solutions that enable our customers to operate with agility, precision, and purpose. Our commitment is to generate exceptional value and transformative results for our customers—by delivering configurable purpose-built solutions that…
With the French banking regulator ACPR’s approval, Ageras not only completes its takeover of Shine from Société Générale, but obtains a crucial payment institution license that could see expansion of the French business banking platform to Ageras’ home markets and beyond as part of the Danish fintech’s pan-European expansion plans, says CEO. COPENHAGEN, Denmark, Dec. 11, 2024 /PRNewswire/ — Ageras, a leading fintech platform for accounting software, business banking and admin tools in Europe, has received final approval by the French banking regulator ACPR to complete its acquisition of Shine, the French business banking platform, in a divestment transaction by banking institution Société Générale announced in…
BOSTON, Dec. 11, 2024 /PRNewswire/ — FinQore, a leading provider of AI-powered financial data management solutions, today announced its mention in the 2024 Gartner Cool Vendors in AI for Finance report, authored by Mark D. McDonald. We think this recognition underscores FinQore’s innovative solution for continuously harmonizing fragmented data from multiple source systems into a single, accurate source of revenue truth. With decision-ready revenue data, actionable customer and segment-level insights, and key performance indicators (KPIs) at their fingertips, CFOs and their lean finance teams save hours on manual processes and regain bandwidth to focus on strategy. They can now provide real-time guidance to executives, empower…
Koantek to continue to help businesses advance their data journey as the GenAI race continues MESA, Ariz., Dec. 11, 2024 /PRNewswire/ — Koantek, a leading Databricks technology partner and trusted advisor, announced today that it has secured funding from Databricks Ventures to accelerate its mission of empowering customers on their data + AI journeys. This investment reflects Databricks’ confidence in Koantek’s value-driven approach, technical depth, and proven ability to deliver transformative solutions. Koantek specializes in helping organizations unlock the potential of data and AI through strategic consulting, custom frameworks, and repeatable IP, all built on the Databricks Data Intelligence Platform. With this funding, Koantek will enhance…
CHICAGO, Dec. 11, 2024 /PRNewswire/ — May River Capital, a Chicago-based lower middle-market private equity firm, and its portfolio company, RLE Technologies, today announced the acquisition of NDSL Group Ltd., manufacturer of Cellwatch and leading battery monitoring and management solutions for data centers, utilities, and telecom markets. The two companies will merge as a new platform company, Parameter. Parameter represents the combined strengths of RLE Technologies and NDSL, with more than 70 years of collective experience providing process industry and facilities management professionals with real-time insights into mission critical operations. Parameter’s advanced solutions sense, detect, monitor, analyze, and predict the quality, condition, and volume of liquids, gases, energy, and…
With this funding, LambdaTest plans to advance KaneAI, launching AI Native QA Agent-as-a-Service to transform software QA with AI-driven insights, scalable Test Cloud, and advanced HyperExecute automation. NOIDA, India and SAN FRANCISCO, Dec. 10, 2024 /PRNewswire/ — LambdaTest, the leading cloud-based unified testing platform, has secured a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures, bringing the total funding to $108 million. This pivotal investment will accelerate LambdaTest’s mission to democratize quality engineering through innovation, and redefine industry standards for web and mobile software quality through its groundbreaking innovation, KaneAI – “AI Native QA Agent-as-a-Service” platform. With 15,000+ customers including Fortune 500 and G2000 companies, LambdaTest…
Expansion of securities finance within the UAE and broader Middle East NEW YORK and ABU DHABI, UAE and LONDON, Dec. 11, 2024 /PRNewswire/ — To drive expansion of Securities Lending in the UAE and wider Middle East, First Abu Dhabi Bank (FAB) has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), to support the build out of its global agency securities finance business. This collaboration marks a significant milestone in the expansion of securities finance within the UAE and the broader Middle East region. By leveraging Broadridge’s advanced Securities Finance and Collateral Management (SFCM) solution, FAB is well-positioned to enhance its coverage of global fixed income and equities markets. “The commitment of both…
Deloitte to use Datamaran software to support clients in the Netherlands, Italy, and Belgium amid increasing sustainability requirements LONDON and AMSTERDAM, Dec. 11, 2024 /PRNewswire/ — Datamaran, a leading ESG software provider, today announced a strategic collaboration with Deloitte in three European markets to support more companies in assessing their sustainability impacts and objectives. Under the agreement, Deloitte will use Datamaran’s double-materiality analysis (DMA) software for clients in Italy, the Netherlands and Belgium, to monitor their sustainability risk factors and meet compliance demands. DMAs, used by companies to gauge their impact on natural and human resources as well as financial performance, are a required part of the European Union’s Corporate Sustainability Reporting Directive (CSRD).…
Award Recognizes Remarkable Achievements in AI-Powered Testing and Automated Solutions with Monument bank LONDON, Dec. 11, 2024 /PRNewswire/ — Monument Bank, one of the pioneering neo-banks in the UK dedicated to providing innovative financial solutions for professionals, entrepreneurs, and savers, together with Quinnox, an AI-first digital-native technology leader, is honored to receive the prestigious Best Use of Technology in a Project award at TESTA 2024. This award acknowledges Monument bank’s successful adoption of advanced technology to drive efficiency and improve service delivery through its collaboration with Quinnox. The project, centered on Quinnox’s AI-powered test automation platform, Qyrus, enabled Monument bank to streamline its testing processes, resulting in…