Challenger Selects State Street as Investment Administrator and Custodian
State Street Corporation (NYSE: STT) has been chosen by Challenger Limited, a leading Australian investment management firm, to provide custody and investment administration services across back, middle, and front offices through the State Street Alpha® platform. This partnership will cover…
MetLife Appoints New Global Head of Reinsurance and Chief Auditor
MetLife, Inc. (NYSE: MET) has announced the appointment of Toby Srihiran Brown as global head of reinsurance, effective October 1. In this role, Brown will develop and oversee MetLife’s comprehensive reinsurance strategy, managing all aspects of the reinsurance process, including…
Bridgeforce and Provana Form Strategic Alliance to Boost Compliance and Operational Efficiency in Financial Services
Bridgeforce, a leading financial services consultancy known for its expertise in regulatory compliance, operational optimization, and technology transformations, has partnered with Provana, a top provider of knowledge process management solutions. Together, they aim to deliver cutting-edge compliance and operational performance…
Zilch Reaches Profitability, Exceeds $130M Revenue, and Appoints Mark Wilson to Board
Zilch, the world’s first ad-subsidized payments network (ASPN), has announced its first month of operating profit while surpassing a revenue run rate of over $130 million (£100 million). These significant milestones come just four years after launching its innovative consumer…
Elepay Marks 5 Years with ‘Elepay Direct’ Launch, Transforming Financing for Aussie Property Owners
Elepay, a leading provider of short-term funding solutions for Australian property owners, is celebrating its fifth anniversary with the launch of Elepay Direct. Since its establishment in October 2019, Elepay has become a key player in the Australian finance sector,…
Graystone Welcomes Retail Expert Tram Church to Investment Sales Team
Graystone Capital Advisors, a leading investment sales brokerage, has announced the appointment of Tram Church as Senior Vice President. Church, who brings extensive expertise in selling multi-tenant retail shopping centers, will play a key role in serving clients across Southern…
Ant International Partners with Brazil to Boost Financial Inclusion with Credit Tech
Ant International, a leader in digital payments and financial technology, announced a strategic initiative to bring AI-driven credit technology solutions to Brazil. This effort aims to empower local partners and advance financial inclusion in the region. As a key step,…
First Trust Specialty Finance Fund Reveals Shareholder Vote Results on Merger with abrdn Total Dynamic Dividend Fund
The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) announced the results of its special shareholder meeting held on August 29, 2024. Shareholders were asked to vote on a proposal to reorganize the Fund with the abrdn Total…
FHLBank Chicago Hosts Meeting on Housing Solutions for Illinois’ 6th District
The Federal Home Loan Bank of Chicago (FHLBank Chicago) recently hosted a key meeting to address housing needs in Illinois and Chicagoland. The event, held at Union Avenue Apartments in Orland Park, brought together U.S. Congressman Sean Casten (IL-06), IFF,…
Sikich CEO Chris Geier Recognized as a 2024 Managing Partner Elite by Accounting Today
Sikich, a prominent global technology-enabled professional services firm based in Chicago, has announced that CEO Chris Geier has been named one of Accounting Today’s 2024 Managing Partner Elite (MP Elite). The MP Elite recognizes leaders who excel in navigating today’s…
Interconnect Mortgage Teams Up with Calque to Introduce The Trade-In Mortgage
Interconnect Mortgage, based in Palm Beach Gardens, Florida, has partnered with Calque to offer ‘buy before you sell’ loan solutions in Florida, Georgia, South Carolina, Virginia, and Michigan. This collaboration combines the strengths and resources of both companies to deliver…
AM Best Reaffirms Credit Ratings for Genesis Global Insurance (SAC) Ltd.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for Genesis Global Insurance (SAC) Ltd. (Genesis), based in Nassau, Bahamas. The outlook for these ratings is stable. These ratings…