Shinhan Financial Group becomes a global innovation hub

Shinhan Financial Group (SFG), the largest financial group in South Korea is becoming an open innovation hub as it expands the global startup ecosystem. SFG and Plug and Play are collaborating together to accelerate the next unicorn. Plug and Play, based in Silicon Valley, is a global startup technology accelerator that has discovered leading global IT startups. SFG expanded territories overseas with a special emphasis on Asia to diversify its earning base and to secure a new growth engine for...

eBrevia, a DFIN Company, Helps Clients Prepare for Fast-approaching LIBOR Transition

eBrevia, a Donnelley Financial Solutions (NYSE: DFIN) company, today announced its latest software release focused on helping financial institutions transition from the London Inter-Bank Offered Rate (LIBOR), a globally recognized base rate for financial services. LIBOR has been in use since the 1970s and today it is a reference for an estimated $350 trillion of loans, securities, and derivatives worldwide. The challenge facing many financial institutions is that LIBOR is expected to cease publication or...

FinVolution Group Chairman Purchases Company Shares

FinVolution Group (“FinVolution”, or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced that Mr. Shaofeng Gu, Chairman and Chief Innovation Officer of the Company has informed the Company that he has purchased in his personal capacity approximately 1.02 million of the Company’s American Depositary Shares between March 23, 2020 to March 31, 2020. The purchases were made during an open window period and in full compliance with all company and legal guidelines. Mr. Shaofeng Gu commented, “In a little...

Fengate welcomes Jennifer Honey Brannon

Fengate Asset Management (Fengate) is pleased to announce Jennifer Honey Brannon has joined the firm as Executive Vice President, Human Resources, effective today. Based in Fengate’s Oakville office, Jennifer leads and is responsible for the firm’s people management and talent and culture development, and she is a member of the Executive team. Bringing more than 20 years of professional business experience overseeing human resources and corporate culture programs, Jennifer joins Fengate from Financeit, a leading financial technology company, where...

Technology’s Role in Advancing Globalization

The effects of technology on the global economic structure are triggering an immense change in the way organizations and nations go about their business. It has become more and more of an essential component in everything from how they research and develop new products and processes, organize production, trade goods, and invest capital. Trade has long been a defining characteristic of globalization. Only recently have international rules governing trade become an area of concern and...

Diginex Partners With Itiviti

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced a partnership with Diginex, a digital asset financial services and advisory company. This partnership has been fueled by demand from institutional investors, who wish to include digital assets in their portfolios, while utilizing resilient and scalable connectivity based on FIX; the widely recognized industry messaging standard. Diginex and its client base will benefit from using Itiviti’s global NYFIX connectivity platform which provides...

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