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LiquidX Launches White-label Trade Finance Offering for Corporate Banks

LiquidX Launches White-label Trade Finance Offering for Corporate Banks

NEW YORK, May 27 (Korea Bizwire) — LiquidX, the global network for working capital, trade finance and insurance, announced that it will now offer a white label deployment of the next-generation LiquidX 360 platform for banks to enhance their trade finance business with their corporate clients. The LiquidX Partner Program (LPP) enables corporate bankers to [...]

Private Credit Fund Manager ADM Capital Raises USD630m to Target Asia Pacific’s Small and Medium Enterprises; Hires Neil Harvey as Executive Chairman

Private Credit Fund Manager ADM Capital Raises USD630m to Target Asia Pacific’s Small and Medium Enterprises; Hires Neil Harvey as Executive Chairman

HONG KONG, CHINA – May 12 (Korea Bizwire) – ADM Capital, the Hong Kong headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment, has raised USD630m in new assets, taking its total under management to USD2.4bn. These funds will be invested in the Asian credit markets and will target mid-sized companies. [...]

HDBank Joins Contour Network to Improve Letters of Credit Issuance

HDBank Joins Contour Network to Improve Letters of Credit Issuance

HO CHI MINH CITY, VIETNAM, May 6 (Korea Bizwire) – HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour’s blockchain-based network further strengthens its offering to the trade finance industry. HDBank is the latest financial [...]

Nasdaq Launches New Risk Modelling Service for the Insurance Industry

Nasdaq Launches New Risk Modelling Service for the Insurance Industry

STOCKHOLM, Sweden and LONDON, April 27 (Korea Bizwire) — Today Nasdaq (Nasdaq: NDAQ) announced the launch of its upgraded Nasdaq Risk Modelling service, the first independent multi-vendor risk modelling service for the reinsurance industry. The cloud-based solution enables insurers, reinsurers, and brokers to unlock access to a broad range of best-of breed risk models from a number [...]

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

Moody’s Reaffirms B1 Credit Rating for HDBank Despite Pandemic Challenge

HO CHI MINH CITY, VIETNAM, April 24 (Korea Bizwire) – Moody’s Investors Service has reaffirmed the B1 credit rating for the Ho Chi Minh City Development JSC Bank (HDBank) amid a challenging market situation due to the impact of the Covid-19 pandemic and social distancing orders from the Government. In its press release, Moody’s said [...]

Nasdaq Launches Cloud Data Service

Nasdaq Launches Cloud Data Service

NEW YORK, April 21 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) today announced the launch of its Nasdaq Cloud Data Service (NCDS), which provides clients access to real-time exchange data, index, and fund data through cloud-based technology.  Users worldwide can now access Nasdaq data through a suite of highly scalable, cloud-based Application Programming Interfaces (APIs). These APIs utilize [...]

AGF Management Limited Reports First Quarter 2020 Financial Report

AGF Management Limited Reports First Quarter 2020 Financial Report

TORONTO, March 25 (Korea Bizwire) – AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the first quarter ended February 29, 2020. AGF reported total assets under management (AUM) of $37.4 billion compared to $38.8 billion in the same period in 2019. Average daily mutual fund AUM increased to $19.5 billion [...]

KSEI Launches New CSD Solution from Nasdaq

KSEI Launches New CSD Solution from Nasdaq

STOCKHOLM, Sweden and JAKARTA, Indonesia, Feb. 26 (Korea Bizwire) – KSEI (PT Kustodian Sentral Efek Indonesia), the central securities depository (CSD) of Indonesia, has successfully gone live with a new CSD solution by market technology provider Nasdaq (Nasdaq: NDAQ). The new and state-of-the-art CSD platform from Nasdaq provides KSEI with increased capacity and speed, with the new [...]

Financial Planning Standards Board Reports Record Number of CERTIFIED FINANCIAL PLANNER Professionals Worldwide

Financial Planning Standards Board Reports Record Number of CERTIFIED FINANCIAL PLANNER Professionals Worldwide

Denver, Colorado, Feb. 25 (Korea Bizwire) – Financial Planning Standards Board Ltd. (FPSB), owner of the international CERTIFIED FINANCIAL PLANNER certification program outside the United States, reported another year of growth for the global CFP certification program in 2019, as the total number of CFP professionals worldwide rose to 188,104. With a net increase of 6,744 [...]