UK-based B2 Group, a provider of cloud-based financial software and consultancy solutions has agreed a strategic partnership with New York based management consulting firm and financial services specialists, Gartland & Mellina Group (GMG).
The partnership with GMG will enable B2 Group products and services to be sold and supported in the US market by the New York firm. Martin Brennan, head of B2’s strategic banking relationships, will be responsible for developing the partnership between B2 and GMG.
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
The top five sectors Asian fintech investors are interested in are data analytics, blockchain, lending, payments and regtech, according to Gary Hwa, EY regional managing partner.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.
Kicking off day two of the Singapore Fintech Festival, Deloitte Chairman David Cruikshank said that fintech is significant for three reasons. First, customer expectations of services are higher than ever. Second, barriers to entry are lower than before. And finally, financial institutions (FIs) face a threat of what a competitor might do.