Month: March 2015

Black Mountain Systems Acquired By Stone Point Capital

SAN DIEGO, CA, March 31, 2015: Black Mountain Systems, a software company that develops innovative data and process management solutions for asset managers and financial institutions, announced today that it has completed a majority recapitalization. The transaction was led by Black Mountain’s management and funds managed by Stone Point Capital, which is a leading private equity…

Read More

Job demand in FinTech reflects the industry’s rapid growth

Job growth is one of the best indications that a particular industry is expanding quickly. That is the case with FinTech, which is now witnessing high levels of interest on the employment front. Today, many financial executives are leaving their companies to find work at technology startups. FinTech is a digital revolution that can transform…

Read More

Financial technology may soon outperform human asset managers

The head of a sizeable hedge fund believes that human asset managers may soon be replaced by new technology. Trading systems and computer modeling have always had a place in the world of finance, but not with the purpose of supplanting humans. Are computers better at making investment decisions? CNBC reported that Leda Braga, head…

Read More

Fixed income investors look for transparency

Newly-established bond trading platforms and recent investment activity in fixed income indicate there is a pressing need for transparency. Fixed income continually offers better trading and pricing practices, which are often the result of developments in the FinTech industry. A modern bond trading venue Banking Technology reported that a new trading venue called OpenBondX aims…

Read More

Financial technology startups are moving onto bank territory

The growth of the FinTech industry has been aided by the fact that in recent years banks and financial institutions have not been able to keep up with the pace of technological change. Many innovators, startups and entrepreneurs have been quick to develop their own solutions in an effort to address certain weak-points or improve…

Read More