Investment Management stories
Large firms are risking an average 2.4% of annual revenue on failed transformation and AI work as board visibility stays poor.
Losses from unhedged foreign exchange exposure have pushed almost all North American fund managers to hedge forecastable currency risk.
Investor demand for private AI software remains strong as Databricks hits a USD $7 billion revenue run-rate and a USD $190 billion valuation.
The wealth manager will use the funds to build AI tools for advisers and client service, as firms race to lift productivity and engagement.
The funding will help regulated finance firms monitor rapidly growing communications and trading data as AI-driven compliance risks intensify.
The move gives Harvey a deeper foothold in asset management software as it pushes further into the investment process, with no deal terms disclosed.
The hire signals Rogo's push to expand in finance, with annual recurring revenue up more than 50% and 100 new customers last quarter.
Startups can now earn higher returns on idle balances as Mercury adds exclusive fund options from Morgan Stanley and State Street.
Affluent Uruguayan investors can now access global markets through a single app, as IOL Privé combines advice, planning and trading.
Advisers will gain access to Ned Davis Research models across multiple custodians, while Amplify handles trading, rebalancing and reporting.
Deal teams will save time on due diligence as Ansarada's OS Bondi spots duplicate questions while keeping sensitive data inside its secure platform.
The new software aims to cut reliance on spreadsheets and curb reconciliation errors as private capital firms juggle carry, ownership and compensation.
Boards are pressuring security chiefs to prove returns as the Columbia, Maryland firm expands a platform that manages more than USD $1 billion in spend.
Real estate sponsors could cut manual fund handling as the platform adds account, reconciliation and distribution tools across ACH, RTP, FedNow and wires.
A surge in small-business borrowing has prompted Iwoca to expand lending capacity, after UK SME lending rose 60% in 2025.
The hedge fund will channel money back into Prospero.ai as it shifts founder George Kailas into a chairman role and adds AI-driven trading.
Asia's fund investors shifted towards shares in the first half of 2026, with bond funds sliding to net outflows of USD $3.1 billion.
Financial firms can now use governed Snowflake data in Rogo's AI tools without moving sensitive records outside existing controls.
Buy-side portfolio managers will be able to trade bonds without leaving IMTC's system, as ICE Bonds liquidity is embedded in existing workflows.
Canadian accredited investors gain access to a global real estate strategy as TD Asset Management widens its private markets push with iCapital Canada.