Initial reactions among key industry sources about media reports that SunGard will be returning to the public arena are positive, with sources saying that the scrutiny from new investors will streamline the FinTech giant and make it more agile in response to the needs of its customers. The Wall Street Journal reported yesterday that SunGard… Read More >>
Is OpenFin Offering a Game-Changer?
Even as the financial services industry has seen a variety of powerful solutions to longstanding problems emerge from the FinTech world of late, financial firms have struggled to manage all those applications in an efficient and effective fashion. That’s precisely where the founders of startup OpenFin saw their opportunity. Mazy Dar, OpenFin’s CEO, co-founded the… Read More >>
SunGard Said to Explore a Second IPO: Reuters
SunGard is apparently making the rounds at investment banks, looking for an adviser to help take the financial technology vendor go public soon, according to a report by the Reuters news service. SunGard could be valued at up to $10 billion and will be interviewing investment bankers as early as next week, according to Reuters,… Read More >>
FinTech Incubators Bring Back Innovation
Regulatory compliance doesn’t usually make for scintillating dinner party conversation, but that’s how Adam Sodowick, founder and CEO of gamification training and data analytics vendor True Office, got his big break. He’d just started his company about a year and a half ago and was trying to figure out his next move when Sodowick bumped… Read More >>