Alexander Forbes Group Holdings has acquired a significant stake in African Actuarial Consultants (AAC), one of the largest independent actuarial consultancies based in Zimbabwe with a growing presence in the region.
Synthesis Software Technologies, a specialised financial technology company that provides software development, consulting and integration services to financial institutions, has been acquired by JSE-listed Capital Appreciation.
Standard Chartered Bank has announced its intention to join Thomson Reuters Org ID regional managed service solution for Know Your Customer (KYC) due diligence in South Africa.
FTI Consulting has expanded the firm’s Forensic & Litigation Consulting segment with the launch of a practice in South Africa and the appointment of five senior professionals.
Imara Trust, a multi-disciplinary professional services firm, has acquired 100% of the issued share capital of Fiducie Forte Management Services, a Mauritius management company.
SGG Group, a provider of administrative and accounting solutions for investment funds, multinational corporations and family offices, has acquired CIM Global Business in Mauritius.
deVere Group, one of the world’s largest independent financial advisory organizations, has received an investment banking licence, just six weeks after launching its own private bank.
The Multilateral Investment Guarantee Agency (MIGA) has announced risk guarantees of $5.6m last month in support of Sucafina Holding, Millco and Cofco equity investments and shareholder loans into three existing coffee operating companies in Burundi.
Preqin, a source of alternative assets data and intelligence, has launched Preqin Solutions, a cloud-based tool that streamlines the portfolio management process for private capital fund managers and investors.
Alpha Exchange, an institutional research and knowledge sharing platform, has released a sophisticated MiFID II toolkit comprising firm-wide research tracking and evaluation tools.
FMDQ OTC Securities Exchange has partnered with S&P Dow Jones Indices on the development and publication of fixed income indices in Nigeria.
Standard Bank has partnered with R3, a financial innovation firm that leads a consortium partnership with financial institutions to design and deliver advanced distributed ledger technologies to the global financial markets.
StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has entered into a 5-year contract with a global South African asset manager for a minimum value of approximately $1.97m (ZAR 26.6m).
South Africa’s Sanlam Investments has chosen the FlexTRADER EMS to facilitate global cross asset trading alongside FlexAlert for real-time iOS and Android mobile notifications.
