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Digitisation and collaboration on Ireland’s agenda

The SWIFT Business Forum Ireland 2019 explored how Irish financial institutions can deliver a truly digital customer experience through a spirit of collaboration, while staying secure against evolving cyber threats.

AI adoption in UK FS sector grows but understanding lags

Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a “partial understanding” of the AI they are deploying, according to a Bank of England and FCA survey.

Carlyle to buy intelliflo for up to $200m

Investment firm Carlyle has agreed to buy intelliflo, a cloud-based practice management software for independent financial advisors in the UK, from Invesco in a deal worth up to $200 million.

SS&C completes $1bn acquisition of Calastone

Investor services technology provider SS&C Technologies has finalised its purchase of funds processing network Calastone, concluding one of the largest deals between investment management technology firms in recent years.

SEC sues crypto exchange Kraken

The US Securities and Exchange Commission has sued Kraken, accusing the crypto trading platform of operating as an unregistered securities exchange, broker, dealer, and clearing agency.

Objectway buys Canada’s Nest Wealth

Italian software and services provider to banks and asset and wealth managers Objectway is making moves into North America through the acquisition of Canadian firm Nest Wealth. Terms were not disclosed.