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Arvato Invests in Brazilian Financial Services Provider Intervalor

Arvato Enters Brazilian Financial Services Sector Arvato financial solutions (Bertelsmann) acquired a 40% equity stake in the Brazilian financial services provider Intervalor.   Following the acquisition of the Gotha financial group in 2013 Arvato intends to widen its geographic footprint.   Arvato plans a step by step increase in its financial stake in Intervalor. Intervalor employs 3,000 people in in São Paolo, ... Read More »

Dun & Bradstreet and 1010data in Strategic Partnership

Dun & Bradstreet and 1010data announced a strategic partnership that aims to provide a solution to hedge funds and asset managers seeking insights and analytics that go beyond traditional analysis of financial statements and key financial ratios. Through the strategic partnership, Dun & Bradstreet’s content, including key business performance data, will be made available through the 1010data platform, providing an enhanced solution to ... Read More »

Alibaba Moves into Financial Data and Information Services

Alibaba is investing nearly $200 million in China Business News (CBN) as it prepares to move into the financial data and information services industry. In its latest foray into the financial services sector, Alibaba is teaming up with CBN owner Shanghai Media Group to create a platform aimed at SMBs that will offer financial news and information.  Alibaba says that ... Read More »

Thomson Reuters Reports Q1 2015 Revenues Up 2% at Constant Currency

First quarter 2015 revenues were US$ 3.044 bn down 3% due to the negative impact of foreign currency (5%) Revenues grew 2% on constant currency.  Revenues from ongoing businesses increased 2% (before currency) from the prior-year period driven by the Legal, Tax & Accounting and Intellectual Property & Science businesses, which grew 5% in aggregate (4% organically).  Adjusted EBITDA decreased ... Read More »

Creditreform’s Financial Database now Updated Weekly

Creditreform’s ‘FirmenWissen’ Financial Statements Database has moved to a weekly updating.  Customers receive an automatic alert when new financial statements have been filed at the company register.  ‘Firmenwissen’ has developed a product modul ‘Company Register’ providing information on company registrations, changes in the status of company including the reasons of a particular change.  Company data is linked to information of ... Read More »

Veda Supports Fintech Hub in Sydney

Veda announced its support as a foundation corporate partner of Sydney’s fintech hub. To be known as Stone and Chalk, the hub is a cross-industry initiative, with the support of the NSW Government, to help foster and accelerate the development of world-leading Australian fintech start-ups. Premier Mike Baird officially launched the hub in Sydney recently, welcoming the commitment from government and ... Read More »

AnalytixInsight Announces New Mobile Content Licensing Partnerships

Big data analytics company AnalytixInsight Inc. entered into a series of partnerships and revenue sharing arrangements between its mobile subsidiary Stockwall S.r.L and several leading content and financial information providers.  With these agreements, the Company is strongly placed to offer high-value business content, financial markets content, videos and news to subscribers of its Marketwall app. Under the terms of these ... Read More »

Outsell Inc. Report: Financial, Credit, Legal and Governance, Risk & Compliance

Outsell has published its 2014 MARKET SIZE, SHARE, FORECAST, AND TREND REPORT on Financial, Credit, Legal and Governance, Risk & Compliance services.  In this report, Outsell provides an in-depth view of the finance, legal, and governance, risk and compliance (GRC) landscape. Outsell highlights several segments, including financial solutions, credit solutions, legal and regulatory solutions, risk and compliance solutions, and tax ... Read More »

Goldman Sachs Leads $15 Million Investment in Analytics Startup Kensho

Global Analytics Empowering the Largest Financial Institutions in the World with Technology that Brings Transparency to Markets.  It is said to eventually replace anlaysts and researchers.  Kensho announced that Goldman Sachs has led a $15 million investment round in Kensho, and has entered a strategic partnership to use Kensho’s real-time statistical computing and analytics technology across the firm. Kensho is a next-generation analytics ... Read More »

Salesforce Data.com and Thomson Reuters Partner to Bring Wall Street Data Insights to Sales Reps

Salesforce Data.com announced a partnership with Thomson Reuters to connect sales reps to financial content for key deals they work on. The partnership focuses on arming sales reps with more relevant financial information and data on their key customers and prospects.  The agreement delivers Reuters News straight to sales reps directly through the Data.com and Salesforce1 dashboards. It can also ... Read More »

CISCO’s CIO Rebecca Jacoby Elected to the Board of McGraw Hill Financial

McGraw Hill Financial announced that its Board of Directors elected Rebecca Jacoby, Chief Information Officer and Senior Vice President of Cisco, to be a member of the Board, effective immediately. As Cisco’s CIO, Ms. Jacoby, 53, advances the business through the use of Cisco technology. Under her leadership as CIO since 2006, Ms. Jacoby has made the IT organization a strategic business partner, producing significant business ... Read More »

Thomson Reuters to Outsource IT Services

Thomson Reuters Corp. announced that it plans to hire a technology services company to manage many of its information technology services. The company said most affected technology workers will transition to the tech services firm, a common business practice, though companies often use such a change to reduce staff and lower other costs.  The third-party IT vendor will be selected ... Read More »

Interactive Data Releases FutureSource® 4.0

Interactive Data Corporation announced the release of the next generation of FutureSource®, its market data management and analytics platform. The redesigned and fully-hosted web-based FutureSource platform offers vendor of record (VOR) capabilities designed to provide traders, brokers and analysts in the commodities and energy sectors with operational cost savings, and an enhanced user interface that complements the platform’s upgraded workflow ... Read More »