J.P. Morgan Boosts Data Management Capabilities For Security Service Clients
J.P. Morgan recently announced the inaugural launching of its Securities Services Data Mesh for institutional investors, available through Fusion by J.P. Morgan (Fusion). The solution enables investors to retrieve critical investment data held by J.P. Morgan’s Custody, Fund Accounting, and Middle Office services, using cloud-native channels including REST APIs, Jupyter notebooks, and the Snowflake Financial Services Data […]
J.P. Morgan enters into agreement to acquire Aumni
J.P. Morgan announced yesterday that it has entered into a definitive agreement to acquire Aumni, one of the leading provider of investment analytics software to the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Founded in 2018, Aumni’s proprietary data analytics engine structures, […]
Clearlake capital and TA Associates acquires Kofax
Kofax (or “the Company”), one of the leading supplier of intelligent automation software for digital workflow transformation, recently announced that Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) have completed their acquisition of the Company from Thoma Bravo. Financial terms of the transaction were not disclosed. “Market demand for digital transformation continues […]
Pentair acquires Manitowoc Ice from Welbilt
Pentair plc, one of the leading provider of water treatment and sustainable solutions, recently announced that it has completed the previously announced transaction to acquire Manitowoc Ice from Welbilt, Inc. for $1.6 billion, subject to customary adjustments. Manitowoc Ice is a leading provider of commercial ice makers. “Manitowoc Ice is a great business and an […]
Citi, J.P. Morgan, and Access Fintech accomplishes Operational Competence
AccessFintech, a leading fintech company evolving the financial operating model through data and workflow collaboration on its Synergy Network, announces that its 12-month collaboration with Citi and J.P. Morgan has achieved significant operational efficiency enhancements based on internal reviews. AccessFintech’s interbank sharing and pairing functionality enable users to access cross-market data in real-time. Citi and […]
