City Moves for 10 January – Who’s switching jobs at Bazaarvoice, Time Out and Snaplogic? January 9, 2020 Today’s City Moves includes Bazaarvoice, Time Out and Snaplogic Bazaarvoice Digital marketing firm Bazaarvoice has announced the appointment of Keith Nealon as its new chief executive officer (CEO). In his new role, Keith will draw on over 20 years of experience with high-growth technology companies to help scale Bazaarvoice’s leadership position into new markets and [...]
Why CES 2020 shows the UK is a tech superpower January 8, 2020 The UK’s position as Europe’s leading tech superpower is being reinforced and demonstrated at Consumer Electronic Show (CES) — the world’s largest tech show — in Las Vegas this week. As the UK investment minister I’m delighted to be leading a powerful delegation of UK tech companies ranging from startups hosted by the Future Worlds [...]
London’s legal tech status burnished by $5m US investment in startup Juro January 7, 2020 London’s status as a hub for legal tech was boosted today by the investment of $5m (£3.8m) in contracts startup Juro in a funding round led by a US firm that backed Twitter and Kickstarter. Juro is an end-to-end contract management platform with customers such as Deliveroo and Skyscanner. The company today announced it has [...]
Why Davos matters in the millennial world December 20, 2019 Davos. Even the word conjures up images of Alpine glamour, exclusivity, high society and power. This week we learned that Boris Johnson has banned his ministers from attending the 2020 World Economic Forum in the Swiss town, Downing Street stressing that the new government is focusing on “delivering for the people, not champagne with billionaires”. [...]
What does the next decade have in store for UK fintech? December 20, 2019 A decade ago, the term “fintech” had barely been coined, and the financial services world referred to more staid terms like “financial technology”. High-growth startups focusing on the space were few and far between, and very few VCs had fintech on their investment radar. In parallel, the ecosystem was slowly being introduced to innovative startups [...]
Activism: an escape hatch for active fund managers? December 19, 2019 Active fund managers are like deer caught in the headlights of oncoming traffic. The exchange-traded fund (ETF) industry is expanding its product range to all investment strategies and grabbing market share from the mutual fund sector. In an important milestone, in August 2019, passive US equity funds surpassed their active counterparts in assets under management [...]
The biggest tech breakthroughs of the last decade December 18, 2019 It is easy to forget, as we approach the end of not just 2019 but also the decade, just how far technology has developed over the past 10 years. To mark the end of the era, City A.M. asked several experts for what they think have been the biggest technological breakthroughs or advancements made in [...]
Opportunities in an evolving financial industry December 12, 2019 In today’s investment landscape, a paradigm shift is underway. Economic headwinds, ever-changing financial regulations, and the rise of artificial intelligence (AI) and financial technology are transforming the industry. What clients want is evolving, too. Returns alone are not enough. Clients today are looking for asset managers who can meet a comprehensive set of needs and deliver greater value [...]
HSBC signs global deal with City fintech startup Bud December 11, 2019 HSBC is to ramp up its efforts on Open Banking, following a global partnership agreement signed today with London fintech startup Bud. The banking giant took a significant stake in Bud earlier this year, after the startup helped HSBC launch mobile banking app Artha through its First Direct challenger brand. The deal will initially see [...]
Changing of the guard: Google founders make way as tech giant gears up for new era December 4, 2019 Google’s announcement that co-founders Larry Page and Sergey Brin will step back from their top roles is, in some senses, a groundbreaking moment. Since starting the iconic search engine in a rented California garage in 1998, the pair have grown the firm into one of the world’s most valuable companies, turning themselves into two of [...]