XFolio AI Acquires APS to Unify Treasury and Payments for UK Corporates

XFolio AI, a Paris-based treasury and cash management technology group, has acquired Absolute Payment Solutions (APS) (https://www.absolutepayments.com/), one of a select number of Pay.UK-accredited Bacs service providers in the UK. This acquisition creates an integrated platform spanning Bacs and all payment types, open banking, risk management, and treasury giving UK corporates of all sizes the tools to manage cash and execute payments in one place. APS’s Bacs accreditation underpins payment services relied upon daily by...

EDS Appoints Sebastian Lonza as Chief Revenue Officer

Equity Data Science (EDS), a leading provider of Investment Process Management (IPM) solutions for hedge funds and asset managers, today announced the appointment of Sebastian Lonza, CFA, CAIA as Chief Revenue Officer (CRO). Lonza joins EDS with deep expertise across portfolio analytics, risk management, and enterprise technology, bringing over a decade of experience helping institutional investors modernize their investment workflows. Prior to joining EDS, Lonza served as Global Head of Portfolio Risk and Analytics Distribution for Goldman...

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