Ninth Wave’s Post

If you are in the commercial finance space, you need to be keeping up with the Corporate Transparency Act, which will be going into effect soon. In this week's Husch Blackwell Alternative Commercial Finance Update, we discuss the CTA's applicability. Plus news about some interesting intersections between SME finance and fintech. https://lnkd.in/e9F5wgEB

Brits Could Be Almost £24.5 Billion Per Year Better Off by Using Digital Financial Management Tools Read more: https://lnkd.in/dCFUR4Fd #DigitalFinance #FinancialManagement #UKSavings #finance #fintech #FinancialIT

H&P Financial Services Weekly - Deals are back! Major US Investment Banking revenues +40% yoy. We analyse results from Premier Miton, Integrafin, Brooks Macdonald and AJ Bell, also... Wealth management IntegraFin Holdings: Q3’24 trading update and board changes Brooks Macdonald: Q4 FUM and Trading Update AJ Bell: Q3 trading update Tavistock Investments: Confirms the accuracy of prior statements. Mattioli Woods: Update on NS&I Act condition and timetable Aegon: Accelerating development of their platforms. Significant investment. Söderberg & Partners: Acquired minority stakes in three more advice firms Skerritts: Acquired London-based IFA Black Swan Financial Planning Canaccord Genuity WM: Lorraine Armstrong to lead North East region. Smart Pension: in “active discussions” to buy more rivals Asset management Impax AM: Investment advisory agreement with BNP Paribas AM Impax AM: Closed acquisition of Absalon Corporate Credit  Premier Miton: Quarterly AuM Q3’24 Premier Miton: Launched managed portfolio service Liontrust Asset Management: Appointment of new Chair Ashmore Group: Quarterly AuM. -3.9% net outflows in the quarter. Ninety One: Quarterly AuM Polar Capital: Quarterly AuM. +2.9% net inflows in the quarter, driven by Emerging Markets and Asian Stars funds. Banking Vanquis Banking Group: update ahead of H1’24. Writedowns and restatements. Other financials Wise: Q1’25 results ICG: Q1’25 trading statement  TruFin: Satago announces that Lloyds Bank has stopped using it. We note CEO James van den Bergh buying more stock following the ensuing price fall. TruFin: Satago Financial Solutions contract win with a UK Specialist Lender Fintel: Acquires Rayner Spencer Mills Research Limited Distribution Finance Capital: increases its ENABLE Guarantee to £350m Close Brothers: Oaktree said to be in talks to buy CBAM Salary Finance: Salary Finance and Oakbrook may merge WH Ireland: completed sale of Capital Markets Division to Zeus Capital Cavendish Financial: FY24 results “we look forward to returning to a profitable year as the merger synergies are fully realised and with that the compensation ratio returning to normal levels” Litigation Capital Management: FY24 Trading Update PensionBee Group:  Announces Launch in the United States https://lnkd.in/egECfCWC

💻 New blog post: Expanding Your Financial Services Business to the UK Are you considering expanding your financial business firm into the UK? Our latest article outlines the essential steps for setting up your financial services business in the UK. Click the link now to explore the main considerations, from understanding the FCA's regulatory requirements to choosing the right business structure (branch vs. subsidiary). Gain insights into direct FCA authorisation versus operating as an appointed representative, and explore best practices for a successful market entry. Read more here: https://lnkd.in/ebTyPSqq #financialservices #financialservicesnews #fintech #growth #fca #fcaregulation #regulation

This month’s Husch Blackwell Alternative Commercial Finance Monthly is here with a fresh focus on helping you navigate the evolving SMB finance and fintech landscape. We’re diving into upcoming laws and regulations, including state licensing requirements and federal rulemaking, as well as how the presidential transition could impact SMB finance, fintech innovation, and regulatory priorities. Check it out and share your thoughts—what challenges are you preparing for, and what topics should we explore next? Let’s work together to support SMBs and drive innovation! https://lnkd.in/ejF8pFUW

💷 Over a third of Brits using digital financial management tools are saving more, with nearly 1 in 4 paying off their debts more effectively. These tools are helping users be £445 better off per year, collectively saving £3.38 billion across the UK. 📍 Tink 🔬 Jack Spiers 👇 Learn more https://lnkd.in/exHcf7d8 #PersonalFinance #CostOfLivingCrisis #UKSavings #DigitalTools #Fintech

CGAP shares how open finance can reduce financial inclusion gaps. Successful implementation could lead to a financial sector where a range of FSPs can serve any individual or enterprise, regardless of size, income or location, with affordable, responsible and effective financial services tailored to their needs. https://lnkd.in/d7tDR97k CGAP

Atlantic Star Analytics has been recognised as a key data provider in the Department of Finance Ireland's Funds Review 2030. This recognition underscores the important role our data plays in supporting the structured finance and securitisation sector in Ireland. Accurate, reliable data is essential for assessing the SPV sector, informing both regulatory decisions and industry practices. As Ireland continues to grow as a global financial hub, Atlantic Star Analytics provides the detailed insights necessary for informed decision-making in this increasingly complex landscape. Read the full article: https://lnkd.in/gy_b8edZ #spv #securitisation #structuredfinance #ireland

It's been a busy week for us here at Lagom Consulting. You can read our latest article on the key considerations financial services firms should look at when expanding into the UK.

Is your treasury department optimizing cash concentration to its full potential? From centralizing funds to enhancing efficiency, pooling techniques and technology play a vital role in mitigating financial risks. The Global Treasurer's Newsletter to access more valuable insights. 💡💼 Subscribe now: https://lnkd.in/e2CXdTaK #corporatefinance #treasurymanagement #biztips