MVB Names Joe Rodriguez as Chief Risk Officer

MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has named Joe Rodriguez as Chief Risk Officer. Rodriguez has a strong reputation in the financial services risk management industry as a leader who operates at the intersection of innovation and prudent risk management. “We are pleased to welcome Joe Rodriguez to the MVB family as a trusted partner on the financial frontier, committed to...

Preverity Subsidiary Designated as Patient Safety Organization by AHRQ

Preverity, Inc., a leading provider of risk management and patient safety solutions for the healthcare industry, announced today that its wholly owned subsidiary, Preverity PSO, LLC, has been listed as a Patient Safety Organization (PSO) by the Agency for Healthcare Research and Quality, effective September 6, 2024. PSOs, established by the Patient Safety and Quality Improvement Act of 2005, play a crucial role in supporting healthcare providers in their efforts to enhance patient safety and healthcare quality....

LPL Financial Launches Curated AI Solutions for Advisors

LPL Financial LLC, a leader in the wealth management industry, is helping its advisors spend more time on what matters with the launch of a curated program – AI Advisor Solutions – designed to help advisors maximize their days, deliver bespoke client experiences, and leverage data to provide more sophisticated and personalized financial advice. Nearly a third of financial advisors say they do not have enough time to spend with clients, according to J.D. Power’s 2023 U.S....

Hale Capital Partners Acquires Majority Stake in Athenium

Hale Capital Partners (“Hale Capital”), a NY-based private growth equity firm, led a cooperative recapitalization through which it acquired a majority stake in Athenium, a leading provider of innovative risk and quality management solutions for insurance, finance and government sectors. Hale Capital is a growth-oriented private equity fund that recently raised its sixth pool of capital focused on federal and dual use technology solutions as well as commercial special situations. As a DoD Trusted Investor,...

Broadridge Recognized by Chartis as Leader in Collateral Management

Global Fintech leader Broadridge Financial Solutions, Inc., announced that its Banking Book Collateral Management Technology, COLLATE, has been recognized as a category leader in the latest Credit Lending Operations 2024 Report from Chartis, a leading provider of research and analysis on the global market for risk technology. The report evaluates the leading products offered in corporate, small and medium enterprise lending, syndicated lending and private/non-bank credit. Broadridge is highlighted as the overall leader for Completeness of...

Behavox Intelligent Archive Achieves 100%+ Quarter-over-Quarter Growth

Behavox, a global leader in AI-powered compliance and risk management solutions, announced its second consecutive quarter of 100% customer growth for its Intelligent Archive solution. Launched in January of this year, this rapid growth highlights the market’s dissatisfaction with legacy providers and the growing demand for modern compliance and archiving solutions. Behavox Intelligent Archive is powered by Behavox’s proprietary large language model, created in collaboration with leading financial services institutions and tailored specifically for the...

Instantia partners with ION FX for trade execution and risk management

ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces that Instantia has selected ION Foreign Exchange (FX) for trade execution, trade management, risk, and settlement management for its FX business. Australia-based Instantia is a digital FX, risk management, and payments company offering a client-centric way to manage currency exchange, FX strategies, and cross-border payments. The company boasts a leading risk management...

Chatham Financial Acquires Tech Startup Verumex

Chatham Financial, a global leader in financial risk management technology and advisory, announced its acquisition of Verumex (VmX), a comprehensive global data platform serving the complex needs of the commercial real estate (CRE) industry. The combined firm will enable CRE investors and asset managers to resolve common challenges associated with poor CRE data quality, improving day-to-day efficiency and increasing decision-making confidence for clients. CRE veterans Nick Laird, Paul Hiatt, and Ravi Vijayaraghavan founded VmX in...

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