EFG Hermes is now ranked first on the Nairobi Securities Exchange and second by value traded on the Nigerian Stock Exchange, highlighting the significant strides made in both Sub-Saharan Africa’s western and eastern financial hubs.
Amber Group, a crypto finance service provider, has recently surpassed USD530 million in assets under management (AUM), a 275 per cent increase from USD142 million AUM reported in 2019.
Fintech Canoe Intelligence (Canoe), reached several significant milestones during 2020, including a record year in terms of client growth.
Eventus Systems, a global provider of multi-asset class trade surveillance and market risk solutions, has reported 'unprecedented growth' on multiple fronts in 2020, marking its strongest year to date in revenue and new client onboardings.
Torstone Technology, an SaaS platform for post-trade securities and derivatives processing, has continued to achieve significant growth throughout 2020, driven in part by volatile trading conditions leading to increased appetite among market participants for flexible and scalable automated post-trade solutions, as well as by accelerating industry adoption of cloud services.
Style Analytics adds 24 new clients and increases subscriptions from 41 clients in the past nine months
Style Analytics, a London and Boston based factor analysis firm, has added 24 new global asset owners and managers to its roster of industry-leading clients over the past nine months and 41 of its historical clients have increased their subscriptions for new products and modules.
Enfusion, a global cloud-native software-as-a-service (SaaS) has signed a record number of new fund manager clients so far in 2020, and onboarded new hires to support the increasing demand from institutional asset managers and hedge funds.
Integral, a technology company in the foreign exchange market, has reported that average daily volumes (ADV) across its platforms totalled USD43.8 billion in October 2020. This represents an increase of 6.8 per cent compared to September 2020, and an increase of 20.3 per cent compared to the same period in 2019.
European asset managers’ average assets fell by 1.5 per cent over the first half of the year, as government and central bank intervention helped offset most of the damage inflicted in the coronavirus sell-off.