Strategic Collaboration
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BlackRock Partners With AccessFintech to Boost Post-Trade Connectivity
ZACKS· 2025-11-25 17:01
Key Takeaways BLK ties up with AccessFintech to enhance bilateral connectivity and real-time post-trade collaboration.The partnership aims to give Aladdin clients transparency, faster resolution and lower operational risk.BLK also made a strategic investment in AccessFintech to aid product growth, global expansion and integration.BlackRock Inc. (BLK) has entered into a strategic tie-up with AccessFintech (“AFT”), a leading data and workflow collaboration network for financial markets, to deliver bilateral c ...
Stocks to Watch: Automobile stocks, IndusInd Bank, HUL, BEML, Dredging Corp, RailTel, AU Small Finance Bank & Lemon Tree
BusinessLine· 2025-11-03 03:20
Group 1: Automotive Industry Performance - Improved consumer sentiment in India, driven by GST 2.0 reforms, discounts, OEM offerings, and financing schemes, led to decent sales by Indian auto makers in October [1] - Maruti Suzuki India reported a double-digit increase in domestic wholesales to 176,318 units in October, compared to 159,591 units in the same month last year [1] - Mahindra & Mahindra reported domestic wholesales of 71,624 units, a 31% year-on-year increase from 54,504 units [2] - Tata Motors saw a 27% year-on-year growth to 61,134 units in October, attributed to record electric vehicle wholesales, which increased by 73% year-on-year to 9,286 units [2] - Hyundai Motor India Ltd reported total sales of 69,894 units in October, including domestic sales of 53,792 units and exports of 16,102 units [2] - TVS Motor Company achieved total sales of 543,000 units, an 11% year-on-year increase from 489,000 units [2] - Escorts Kubota Ltd reported a 3.8% rise in total tractor sales to 18,798 units in October compared to the same month last year [2] Group 2: Corporate Developments - IndusInd International Holdings Ltd and Invesco Ltd completed the formation of their asset management joint venture, with IIHL acquiring a 60% stake in Invesco Asset Management India [3] - Hindustan Unilever received a tax notice for ₹1,986.25 crore from the Income Tax Department, disputing the valuation of certain related-party transactions [4] - BEML Ltd and Dredging Corporation of India Ltd signed three MoUs worth approximately ₹350 crore to enhance India's maritime and dredging capabilities [5] - Responsive Industries successfully executed the first phase of the Kaiga Generating Station Power Plant, using in-house manufactured waterproofing membranes [6] - CFF Fluid Control received a contract for procurement of equipment for the P75 Project from the Indian Navy, totaling approximately ₹10.95 crore [7] - Titagarh Rail Systems Ltd secured a ₹2,481-crore contract from MMRDA for the design and supply of metro coaches for Mumbai Metro Line 5 [8] - RailTel Corporation of India Ltd received a Letter of Acceptance from Rajasthan Council of School Education for ₹32,431,600 [9] - Lemon Tree Hotels launched a new property in Motihari, Bihar, marking its expansion in Eastern India [13]
GOLDMAN SACHS AND T. ROWE PRICE ANNOUNCE STRATEGIC COLLABORATION TO DELIVER INNOVATIVE PUBLIC-PRIVATE INVESTMENT SOLUTIONS
Prnewswire· 2025-09-04 11:24
Core Viewpoint - Goldman Sachs and T. Rowe Price have announced a strategic collaboration to provide diversified public and private market solutions tailored for retirement and wealth investors [1][2]. Group 1: Collaboration Details - The collaboration aims to leverage the strengths of both firms, focusing on wealth and retirement offerings that include access to private markets for various clients [2]. - Goldman Sachs plans to invest up to $1 billion in T. Rowe Price common stock, aiming to own up to 3.5% of the company [3]. - The partnership is expected to enhance T. Rowe Price's and OHA's capabilities in delivering a wider range of investment strategies, emphasizing innovation and new product creation [4]. Group 2: Investment Strategies - New co-branded target-date strategies will be offered, utilizing T. Rowe Price's retirement expertise and incorporating Goldman Sachs' investment capabilities [7]. - A series of jointly created model portfolios will be introduced, combining various investment vehicles tailored for mass-affluent and high-net-worth clients [7]. - The firms are considering multi-asset offerings that provide access to private equity, private credit, and private infrastructure within a single vehicle [7]. Group 3: Advisory Solutions - The collaboration will deliver a scalable advisory platform for advisors to manage retirement accounts both in-plan and out-of-plan [7]. - Integration of retirement planning and advice into T. Rowe Price's recordkeeping and Individual Investor platforms is part of the collaboration [7]. Group 4: Company Backgrounds - Goldman Sachs oversees approximately $3.3 trillion in assets under supervision as of June 30, 2025, and is a leading global financial institution [8]. - T. Rowe Price manages $1.70 trillion in client assets as of July 31, 2025, with a significant portion related to retirement [10]. - OHA, as part of T. Rowe Price Group, manages approximately $98 billion in assets across various credit strategies as of June 30, 2025 [12].
Elevation Point Announces Strategic Collaboration with Goldman Sachs to Help Elite Partner Firms Thrive in Independence
Prnewswire· 2025-09-02 13:06
Core Viewpoint - Elevation Point has announced a strategic collaboration with Goldman Sachs to enhance its service offerings for independent advisors, providing access to a range of banking, lending, trading, asset management, and capital markets capabilities [2][3][4]. Group 1: Collaboration Details - The collaboration expands an existing agreement with Goldman Sachs Custody Solutions, which will now serve as a key custodian for Elevation Point [2]. - Goldman Sachs will provide primary services including lending, direct indexing, and custom models, as well as fixed income separately managed accounts (SMAs), custody, and capital markets services [3][4]. - This partnership aims to deliver tailored solutions to meet the evolving needs of independent advisors and their sophisticated clients [3][4]. Group 2: Strategic Goals - Elevation Point's partnership model allows independent advisors to maintain their autonomy while gaining access to essential growth resources and strategic guidance [3][4]. - The collaboration is expected to significantly expand Elevation Point's suite of open-architecture investment solutions, enhancing its family office solutions and streamlining the onboarding of high-performing advisory teams [4][5]. - The partnership is positioned to support the growth and long-term success of Elevation Point in the wealth management industry [4][5]. Group 3: Industry Context - Goldman Sachs brings extensive institutional expertise in investment management, banking, and capital markets, which complements Elevation Point's leadership and partnership model [5][7]. - The collaboration targets independent fiduciary-led advisors focused on delivering better investment outcomes for their clients, addressing a rapidly growing segment in wealth management [7].
EPSIUM Enterprise Limited Signs Memorandum of Understanding with Era Future (Macau) Performance Art Limited to Explore Strategic Collaboration
Prnewswire· 2025-08-25 19:57
Core Points - EPSIUM Enterprise Limited has entered into a non-binding Memorandum of Understanding (MOU) with Era Future (Macau) Performance Art Limited to explore potential strategic collaboration [1][2] - The collaboration aims to leverage Era Future's regional network and reputation to enhance EPSIUM's visibility and customer reach, potentially including a stock swap merger and cooperation on film and television projects [2][3] - The partnership is expected to create synergies by combining entertainment events with beverage sales, benefiting both companies and contributing to Macau's cultural profile as a "City of Performing Arts" [3][4] Company Overview - EPSIUM is a leading distributor of premium alcoholic beverages in Macau, primarily supplying major integrated resort operators, while Era Future specializes in large-scale entertainment event management [3][5] - EPSIUM's product range includes high-end Chinese liquor, French cognac, Scottish whiskey, fine wine, and Champagne, with Chinese liquor being the most significant part of its operations [5]
OPTICAL CABLE CORPORATION AND LIGHTERA, LLC ANNOUNCE STRATEGIC COLLABORATION
Prnewswire· 2025-07-07 21:15
Core Insights - Lightera and Optical Cable Corporation (OCC) have entered into a strategic collaboration agreement aimed at expanding product offerings and solutions for the data center and enterprise sectors [1][3] - Lightera has made an investment in OCC, acquiring 7.24% of the company's outstanding shares [4] Company Information - Lightera is recognized as a global leader in optical fiber and connectivity solutions, known for its innovative technologies and high-performance optical fibers [2][6] - OCC is a leading manufacturer of fiber optic and copper cabling solutions, with a strong reputation for innovative technologies and product designs [2][8] - Both companies have a long-standing relationship, having partnered in various capacities over the years, which has now culminated in this strategic collaboration [2][3] Strategic Collaboration Benefits - The collaboration is expected to enhance both companies' ability to offer integrated cabling and connectivity solutions, particularly in the enterprise and data center sectors [3][5] - The partnership aims to leverage the combined product portfolios of OCC and Lightera to meet the growing demands of critical customer segments [3][5] - Management from both companies expressed confidence that this collaboration will accelerate sales growth and create significant value for shareholders [5]
Virtu Financial Announces Strategic TradeOPS Collaboration, Welcoming First Joint Client
Globenewswire· 2025-06-10 05:00
Core Insights - Virtu Financial and Limina have announced a strategic collaboration to enhance Virtu's TradeOPS platform, aimed at improving post-trade workflows for buyside firms [1][2]. Group 1: Collaboration Details - The collaboration focuses on integrating Virtu's TradeOPS with Limina's cloud-native Order and Portfolio Management System (O/PMS), providing a fully-integrated workflow for clients [2]. - The first joint client, Cliens, is already utilizing the combined capabilities of Virtu's TradeOPS and Limina's platform [3]. - The partnership aims to address operational challenges introduced by recent changes in post-trade settlement processes, such as the shift to T+1 [4]. Group 2: Company Profiles - Virtu Financial is a leading financial services firm that offers execution services, data analytics, and connectivity products across multiple asset classes and global markets [6]. - Limina provides a modern Investment Management Platform designed to enhance productivity and manage operational risks for investment managers [7]. - Cliens is a Swedish active fund manager focused on delivering long-term high returns through various investment strategies [8].