EX DeFi Unveils AI-Powered Trading Technology

Global financial markets continued to experience heightened attention from investors as market participants monitored economic data, corporate earnings, and developments in artificial intelligence (AI) technologies across industries. Major stock markets showed mixed but stable performance, with investors continuing to assess economic conditions, monetary policy expectations, and corporate performance. At the same time, artificial intelligence has become an increasingly discussed area within financial technology, with applications ranging from market data analysis and risk management to automated...

GIM Raises US$20 Mn Series A as Agentic Investing Enters Live Execution

Grace Investment Machine (“GIM”), an AI-native investment technology company building agentic systems for capital markets, today announced the close of its US$20 million Series A financing. The round was co-led by a leading US venture capital firm and Hony Capital, with participation from IDG Capital and existing investor Monolith Capital. The financing marks GIM’s third funding round within its first year of operations. GIM is building agentic AI systems designed to go beyond assisting investment research. The...

Rory Meleniclis Named Chief Information Officer at Intact Insurance

Intact Insurance is pleased to announce the appointment of Rory Meleniclis as Chief Information Officer. In this role, he will lead the next phase of the company’s technology evolution across its global specialty lines business, with a focus on strengthening core systems, advancing cloud capabilities and enabling faster, more data-driven decision-making across the business. “Technology is pivotal to how we compete and grow,” said Lynn O’Leary, EVP and Chief Operating Officer, global specialty lines at...

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