SRA Watchtower Acquires Lumio Insight to Revolutionize Risk & BI

SRA Watchtower, a leader in risk management technology, announced the acquisition of Lumio Insight, a cloud-based data management and analytics provider. This strategic acquisition will enhance Watchtower by integrating Lumio Insight’s advanced data delivery and automated ingestion capabilities, providing transformative risk insights and enabling financial institutions to make better decisions with greater accuracy and speed. “Data is the currency of the future,” said Edward Vincent, CEO of SRA Watchtower. “Lumio Insight’s data ingestion capabilities and...

BMO Joins IBM Quantum Network to Boost Financial Services Innovation

BMO today announced it has joined the IBM Quantum Network, extending its technology leadership in North America to further drive real financial progress for its customers, clients, and the communities it serves. BMO gains access to IBM’s advanced quantum infrastructure, enabling the bank to develop and deploy quantum-powered solutions across its operations. The investment in advanced capabilities is at the core of BMO’s Digital First strategy to deliver progress and outcomes at scale by merging human expertise...

Resilience Announces Organizational Promotions as It Accelerates Growth

George Kotsiopoulos named President, Insurance Gavin Reed named Head of Underwriting for North America Sarah Thompson named Global Head of Sales Strategy Jack Jenner named Managing Director, International Insurance Resilience, the leading cyber risk company, today announced several promotions as its global growth continues to accelerate. Building on its industry-leading loss ratio, the expansion of its cyber risk management software, and its expanded appetite for its insurance offerings over the past year, these key leaders will help position the company’s...

Komainu Completes Series B With Strategic Investment From Blockstream

Komainu, a regulated digital asset services provider and custodian, backed by Laser Digital, a Nomura company, announces it has raised $75 million in strategic investment from Blockstream Capital Partners (“Blockstream”), subject to relevant regulatory approvals. The funding enables Komainu to accelerate its international strategic growth plans whilst adopting and integrating class-leading technologies developed by Blockstream Corporation Inc (“Blockstream Corp”), to maximise efficiencies and enhance client services in collateral management and tokenization. The funding transaction itself...

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