Latest news with #financialTechnology
Yahoo
31-05-2025
- Business
- Yahoo
GO INVEST LLC Announces the Acquisition of FireFly Star, Rebranded as Flicker Algo.
GO INVEST LLC, a global comprehensive financial technology group, is making waves with the completion of the full acquisition of the leading quantitative trading platform Firefly Star. These two parties merged into Flicker Algo to create a new highland for global intelligent trading. EDINBURGH, GB / / May 31, 2025 / In the latest record, GO INVEST LLC announces the acquisition of FireFly Star, rebranded as Flicker Algo. After the completion of this transaction, the two brands will be integrated into Flicker Algo and will continue the original quantitative trading business and obtain major upgrades in capital, compliance, technology, global resources, etc. The company also highlights the strategic significance of this acquisition which is not only an integration at the capital level but also a deep collaboration between the two parties in terms of financial technology capabilities and global development goals. Through the acquisition, GO INVEST LLC bought Flicker Algo's key dimension synergy benefits. Compliance upgrade Flicker Algo will be included in the company's SEC compliance system, obtain higher international compliance standards support, and facilitate global market expansion. The company improved capital capacity by obtaining group capital injection for trading engine upgrades, AI strategy research and development, and multi-market deployment to promote technological leadership. Moreover, Flicker Algo's user structure will be accelerated from individuals to institutions which will help GO INVEST LLC to expand its customer base. The company emphasized that Flicker Algo's credibility is held by an entity regulated by the SEC, which is more credible and has market influence in front of investors, cooperative institutions, and regulators. In addition, GO INVEST LLC will collaborate with Flicker Algo to achieve technology sharing and R&D collaboration and accelerate the launch of system-level products such as intelligent trading systems, cross-chain asset allocation, and blockchain risk control. The company focuses on the integration where Flicker Algo will maintain the independent operation of the core team, the original business structure will remain unchanged, and the focus will be on the following strategic upgrades: Launch Flicker Algo Trading System V3.0 support AI-driven strategy portfolio automatic optimization and real-time risk control system Issue Platform Governance Token FAO used for community incentives, fee deductions, DAO proposals, and voting governance Deploy DAO Governance System realize community co-governance and platform development rights decentralization Develop Institutional-level Financial Services including smart investment advisors, custody solutions, and cross-chain portfolio allocation Expand the global compliance market expand to sovereign markets such as Europe, the Middle East, Singapore, and Latin America, and cooperate with local registration and license applications. "We welcome and look forward to integrating with the world's top financial groups and entering a new growth curve together", said James Carter, founder of Flicker Algo. About GO INVEST LLC: Headquartered in the United States, GO INVEST LLC is a company holding SEC (U.S. Securities and Exchange Commission)-an international financial holding securities company with regulatory qualifications. The company is committed to connecting global assets and investors with technology. It covers diversified asset management, traditional securities investment, futures, foreign exchange, and crypto asset trading and custody. It is committed to building a global platform that integrates traditional finance and emerging finance. It has multiple global operating nodes and builds a global investment infrastructure with "compliance, security, and intelligence" as the core. About Flicker Algo: Flicker Algo, known as a global intelligent quantitative trading platform, that focuses on multi-strategy asset trading systems (covering encryption and foreign exchange products). Intelligent strategy structure and server-level automated trading system and AI risk control model. Since its establishment in 2019, the platform has accumulated access to more than 228 sets of algorithmic strategies, supporting more than 30 trading markets, and users covering Asia, North America, Latin America, and other regions. Corporate website: email: service@ KHURSHEED Ali SOURCE: Flicker Algo View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
13-05-2025
- Business
- Finextra
NeoXam opens Melbourne office
NeoXam, a global leader in data management, performance analytics, portfolio management, reporting, and reconciliation software solutions, has announced the opening of its new office in Melbourne, Australia. 0 This strategic move underscores NeoXam's continued commitment to supporting its growing client base in the Asia-Pacific region, enabling the company to serve clients around-the-clock globally. NeoXam first established operations in Australia with the opening of its Sydney office two years ago. Since then, the company has experienced significant growth in Australia, fuelled by increasing demand for robust, scalable financial technology solutions that address the evolving needs of asset managers, asset owners, and banks for data management, regulatory compliance, and investment operations. The newly established Melbourne office marks a pivotal step in strengthening NeoXam's presence in Australia, and further increases NeoXam's ability to provide timely service and implementation support to clients in Victoria. This expansion also aligns with NeoXam's model of offering localized expertise within a globally connected organization. NeoXam Australia provides its clients with a unique offering of Investment Data Solutions (data management, performance, and client reporting), which offer its clients a modular, non-intrusive approach to establish a unified data solution for their front-to-back investment operations. 'This is an important milestone for NeoXam Australia,' said Tim Versteeg, Managing Director APAC of NeoXam. 'We take a long-term view when working with our clients, and this new office is a major milestone in our APAC journey and demonstrates our deep commitment to serving our clients where they are, with dedicated, in-market teams who understand their challenges and can support our solutions locally.' Daniel Joseph, Country Head for NeoXam Australia, commented: 'We are experiencing a rapid expansion of our client base in Australia. Especially in relation to the recently announced Investment Data Management service partnership with BNP Paribas, we saw the need to open a second office in Australia, to be even closer to our clients, and the Asset Owner community in Melbourne'.
Finextra
12-05-2025
- Business
- Finextra
Adyen taps Fiskil for onboarding and account verification in Australia
Adyen, the global financial technology platform of choice for leading businesses, has chosen Fiskil as its data-sharing partner to improve the onboarding and account verification experience for merchants in the Australian market. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This collaboration will streamline the way businesses connect their financial data, reducing friction and ensuring a seamless, secure process. With Fiskil's Banking API, Adyen can provide merchants with a faster and more efficient onboarding process, eliminating unnecessary delays and enhancing customer experience. By leveraging real-time financial data, Adyen ensures that businesses can onboard with confidence, benefiting from a frictionless experience that prioritises both security and convenience. As a pioneer in global payments, Adyen powers transactions for some of the world's most recognised brands, including Spotify, eBay, and Uber. Their commitment to innovation and financial inclusion aligns with Fiskil's mission to provide best-in-class data-sharing solutions that enable businesses to operate with greater agility and trust. This partnership marks the beginning of a broader opportunity to harness open banking for even more use cases beyond onboarding and verification. By leveraging Fiskil's infrastructure, Adyen can explore expanded applications such as credit risk assessment and transaction intelligence, paving the way for more sophisticated financial products and services. We're excited to support Adyen as they continue to push the boundaries of financial technology, empowering businesses with more seamless and secure access to financial data. The future of financial services is evolving, and together, we're making it smarter and more efficient. Open banking is transforming the way businesses access and leverage financial data, enabling smarter, more efficient decision-making. Partnering with Fiskil allows us to expand our open banking capabilities in Australia, delivering seamless and scalable solutions for account verification, onboarding, and beyond. Their expertise in secure data connectivity ensures that we can continue to innovate while maintaining the highest standards of compliance and user experience. As we grow our global reach, this collaboration is key to unlocking new opportunities for merchants and businesses alike. - Blanca Ferrero, Global head of Open Banking, Adyen Adyen's decision to partner with Fiskil is a strong validation of the infrastructure we've built to support secure, real-time access to financial data at scale. Their global reputation for innovation and operational excellence sets a high bar, and we're proud to help enable their open banking strategy in Australia. This collaboration reflects the broader shift we're seeing in the market - where access to high-quality, consented data is becoming essential to delivering seamless, intelligent customer experiences. We're excited to support Adyen as they lead the way in reimagining onboarding, verification, and beyond. - Jacob Parker, CEO & Founder, Fiskil
Finextra
07-05-2025
- Business
- Finextra
GoldenSource appoints Terry Flynn as new MD
GoldenSource, a leading independent provider of enterprise data management (EDM) and master data management (MDM) solutions, has made its third senior leadership hire in a year as the company looks to accelerate its global growth ambitions. 0 Terry Flynn joined GoldenSource in May as its new Managing Director. He is responsible for continuing to bolster the company's rapidly growing buy side client base, which includes a diverse range of asset and wealth managers, pension funds, hedge funds, and sovereign wealth funds. The news follows the appointments of James Corrigan as CEO in September 2024 and Marc Mallett as Chief Commercial Officer in April 2025 - moves signaling a new chapter of growth for the company with its presence among the buy side expanding significantly over recent months, including a partnership with one of Australia's largest superannuation funds, Aware Super. Flynn brings over two decades' leadership experience in sales and business development within the financial technology sector. Prior to joining GoldenSource, he held the position of Managing Director of Asset Management and Insurance at global financial crime technology firm Fenergo, where he was responsible for the development and implementation of its go-to-market strategy for the buy side. Flynn has also held senior positions at several other prominent financial firms, including SunGard, Charles River Development, SimCorp, and Alpha FMC. James Corrigan, CEO at GoldenSource, said: 'The demand for diverse sets of data continues to grow in the buy side industry, and GoldenSource provides the enterprise level data management and analytics platform that allows buy side firms to manage that data and get the necessary insights from it. Terry has a demonstrated track record in guiding clients to see the value from their investment in enterprise level platforms. Terry will be essential in continuing to build our momentum in this segment of the market.' Terry Flynn, Managing Director at GoldenSource, added: 'I'm delighted to join GoldenSource at such an exciting time in the company's growth story. The team's expertise in buy side data solutions speaks for itself, and I am excited to contribute towards delivering on the pipeline of new business over the coming months.'
