“Amy has the what. I help with the how”: Inside Bank of America’s data and AI partnership
Bank of America manages data from 67 million clients, which motivated Amy Avery to join as Managing Director of Analytics, Modeling and Insights. The bank leverages this client information volume through a data and AI partnership structure dividing responsibilities between those who identify business needs and those who implement technical solutions.
Read full story →FCA advances package of equity market transparency reforms
The UK's Financial Conduct Authority introduced reforms including a framework for an equity consolidated tape and an interim market activity reporting tool for shares. The package also includes consultation on targeted market structure reforms to enhance transparency in UK equity markets.
FCA simplifies IPO rules to support UK listings
The FCA removed certain IPO requirements to reduce compliance costs and execution risk for UK-listed companies. The reforms allow companies easier access to public markets and enable the UK listings market to compete globally.
Nayax Agrees to Acquire IPS Group
Nayax will acquire IPS Group, a smart parking technology provider founded in 2000 that processes millions of consumer payment transactions annually. The acquisition includes IPS's payment-enabled parking infrastructure combining physical meters with digital systems.