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UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation UMBF), has launched an automated optical character recognition (OCR) processing programme.  The technology enables faster, more accurate processing of handwritten subscription and tender documents by replacing manual reviews with OCR software and bot technology, turning what previously amounted to hundreds of hours of manual processing into a 24-hour automated service. The programme creates a standard process for all client documents, whether received in paper, email, fax or data files, allowing UMBFS to handle high volume, short period spikes for tenders or product closings – a critical solution that has historically
Waterland Private Equity and management consultancy Horn & Company have entered into a 50/50 partnership to create a new growth platform for mid-sized consultancy businesses.  Horn & Company is one of the leading consultancies in the DACH region for the areas of strategy, digitalisation and revenue growth for financial service providers as well as industrial and trading companies. The current partners will remain with Horn & Company in their current roles and will continue to lead the company’s operational consulting business. Founded in 2009 by Dr Christian Horn and Dr Alexander Bethke-Jaenicke, among others, Horn & Company, based in Dusseldorf,
After six successful years of growth within the Econocom Group, Alter Way, an French player in open source computing specialising in consulting, managed services and the hosting of digital platforms in the cloud, is merging with Smile, a European specialist in digital and open source technologies. By selling 100 per cent of its majority stake in Alter Way to Smile, Econocom fosters the positive consolidation of the open source market and will remain a leading business partner of Alter Way. This merger strengthens Smile’s position and ambition across infrastructure and cloud services. As part of this new project, the Alter
Forensic Access Group has recently completed the acquisition of Faraday Forensics, building on the success of its recent acquisitions of IntaForensics and Alecto Forensic Services. Oxfordshire-based Forensic Access is a specialist in the provision of forensic science and support services to the UK criminal justice system. Warrington-based Faraday Forensics specialises in digital forensic services. Faraday’s services are used by a range of criminal justice professionals, including law enforcement agencies, the legal profession and private clients. The team brings a wealth of experience that will further enhance the capacity and capability of our rapidly growing Digital Forensic and Cell Site Hub
ClearCourse Partnership (ClearCourse), a group of innovative technology companies providing useful, integrated software solutions, is to acquire Cymba, a provider of mobile marketing solutions to businesses and charities.  The acquisition strengthens ClearCourse’s not-for-profit and online payments offering and sees the Company joining the Group’s Business Services division.   Founded in 2004, Cymba provides solutions to help leading charities as well as big-name brands connect with their audiences through mobile marketing. The Company offers its clients a wide range of services such as mobile messaging, competitions and mobile donations for the charity sector. As part of the Group, Cymba will benefit
Accenture is to acquire BRIDGEi2i, an artificial intelligence (AI) and analytics firm headquartered in Bangalore, India, with additional offices in the US and Australia.  The acquisition will add more than 800 professionals to Accenture’s Applied Intelligence practice, strengthening and scaling up its global capabilities in data science, machine learning and AI-powered insights. The financial terms of the transaction have not been disclosed. Founded in 2011, BRIDGEi2i specialises in data-driven digital transformation for companies across industries and global markets by combining data engineering, advanced analytics, proprietary AI accelerators and consulting services. It helps enterprises drive insights for faster and more accurate
Elliptic, the cryptoasset risk management firm, has raised USD60 million in Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2.  Existing investors AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, SignalFire and Paladin Capital Group also participated. The latest fundraise will accelerate Elliptic’s efforts in enabling financial markets participants to embrace the crypto opportunity with trust and confidence. The company serves traditional financial institutions, fintechs, crypto businesses and government agencies with the leading suite of compliance and investigative solutions built specifically for cryptoassets. With the
Online travel operator, Travcorp Holdings Ltd has raised GBP3.7 million in equity funding, led by growth capital investor BGF.  The Chester-headquartered company specialises in packaged holidays and hotels via its consumer brands – Destination2.co.uk and HolidayGems.co.uk.   The two brands service a diverse holiday market, from premium, long-haul holidays to destinations such as Barbados, Dubai and the Maldives, to low-cost, short-haul packages to locations, including the Canary Islands, Balearics, Turkey and Greece.   BGF’s backing, which will be supported by a significant co-investment by Travcorp’s management team, will enable the business to continue to invest heavily in technology, marketing and
Ocorian, a financial services group and provider of fund, corporate, capital markets and private client services has completed the acquisition of Nordic Trustee, a provider of trustee and agency services for bonds and direct lending in the Nordic region.   This transaction reflects Ocorian’s strategy to further build its capital markets offering, one of its fastest growing business lines.   Nordic Trustee will continue to be led by CEO Cato A Holmsen and a highly experienced management team. The team will continue to run Nordic Trustee’s business and secure the company’s role as an independent and market leading bond trustee
Intelligent property search portal property.xyz has secured a seed round of angel investment of GBOP268,000 from eleven, experienced investors in the fields of technology, finance and real estate. Co-founders Robert Jones and Dr Simone Di Cola started development on property xyz in 2019, which entered a beta phase in August 2020. With the portal having been vigorously user-tested by agents, homebuilders, property investors and buy-to-let landlords the next year of the roadmap has now been announced. This includes plans to allow investors to place ‘bids’ and ‘buy now’ on properties selected by agents with both on and off-market property investments,

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12 November, 2026 – 8:00 am

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