Quobyte Joins STAC Benchmark Council

(Source: HPCwire) “We’ve found that Quobyte storage software running on a cluster of industry standard … More information on Quobyte storage software for Financial Services is …

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StratiFi Secures $7 Million Series A Financing Round Led by Anthemis Group

(Source: Finance Magnates) StratiFi’s PRISM Rating™ technology offers a great distribution channel for their investment tools, giving advisors an edge through sophisticated calculations …

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Ultimate Software Announces CFO Succession Plan

(Source: HR Technologist) Mitchell K. Dauerman, who has served as Ultimate’s CFO since September 1996, will step down tomorrow. He will continue his service at Ultimate, focusing on investor relations and strategic initiatives. Felicia Alvaro, vice president of finance and 20-year veteran in Ultimate’s finance and accounting department, will succeed …

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CrossConcept Launches the Latest & Greatest Innovation in Professional Services Automation (PSA)

(Source: IT News Online) CrossConcept Continuum provides service organizations with an all-in-one, modern professional services SaaS solution that is easy to implement, simple to use … Additionally, CrossConcept Continuum has been built from the ground up to integrate with all major accounting systems and seamlessly synchronize projects ..

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Samsung BioLogics loses $6 billion in stocks dive after notice of accounting breach

(Source: Investing.com UK) … breached an accounting rule. The Financial Supervisory Service (FSS) said on Tuesday it had given preliminary notice to contract biotech drug manufacturer Samsung BioLogics, an affiliate of technology giant Samsung Electronics (KS:005930), and its auditors of measures it could take concerning the provisional breach.  

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Abacus Finance Group backs Thompson Street’s acquisition of Transnet YX

(Source: PE Hub) Abacus Finance Group LLC provided $22.5 million in senior secured credit facilities to support the ThompsonStreet Capital Partners’ buyout of Transnet YX Inc. Abacus also … It has acquired more than 100 companies in the healthcare and life science services, software and technology services, and business services and …

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TIMIA Capital invests $1.5M in 7Geese

(Source: Private Capital Journal ) The alternative financing option complements both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing business-to-business software-as-a-service (SaaS) segment. TIMIA is managed by a seasoned investment team with a track record of .

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Finastra joins Finance Innovation hub

(Source: Asset Servicing Times) As part of its membership, Finastra expects to participate in a series of industry events and collaboration opportunities throughout this year, working together with customers and financial technology partners. Events include working groups to discuss industry developments in areas such as asset management and banking.

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