(IN BRIEF) ASSA ABLOY has acquired Metal Products Inc. (MPI), a U.S. manufacturer of custom hollow metal doors and frames based in Corbin, Kentucky. The acquisition supports ASSA ABLOY’s strategy to strengthen its position in mature markets through complementary products … Read the full press release
Posted in Business, Electronics & Machinery, Investment, Security & Safety, Sweden, Technology
Tagged acquisition, Americas Division, ASSA ABLOY, ASSA ABLOY Enhances U.S. Operations and Product Range with Purchase of Metal Products Inc., building materials, Business Growth, Corbin Kentucky, door systems, hollow metal doors, industrial manufacturing, Lucas Boselli, Manufacturing, mature markets, metal frames, Metal Products Inc, MPI, Nico Delvaux, product expansion, security solutions, United States
(IN BRIEF) The Royal Bank of Canada (RBC) has joined LCH CDSClear as its first Canadian clearing member, gaining access to the platform’s broad range of credit derivative products. This move enhances RBC’s risk management capabilities while enabling the bank … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged CDS clearing, CDX™, client clearing services, credit default swaps, credit derivatives, emerging markets, iTraxx®, LCH CDSClear, liquidity, margin efficiency, market maker, partnership, product expansion, RBC, risk management, Royal Bank of Canada
(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News, Technology
Tagged advertising, AI, Alex Thomson, automation, BlueOrchard, claims processing, DEG, digital insurance platform, digitalization, economic growth, equity capital, financial inclusion, Financial Transformation, Hollard, IFC, insurance model, InsureTech, insurtech, market expansion, Monika Beck, Naked, partnership, product expansion, South Africa, sustainability, technology platform, Yellowwoods
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