Banking technology major Temenos has announced that Kingdom Bank, a specialized United Kingdom-based lender catering to churches, charities, and individuals, has successfully gone live on its Software-as-a-Service (SaaS) platform running on Microsoft Azure. The major technological transition represents a significant milestone for the niche financial institution as it looks to upgrade its digital infrastructure, phase […]
The London Stock Exchange Group (LSEG) has agreed to acquire credit data firm Octus for US$3.535 billion in cash, marking a major strategic expansion into the booming private credit market. The transaction is designed to fortify LSEG’s fixed income business by bridging a critical gap, adding comprehensive private, illiquid, and distressed credit data to a […]