Reference data firm Markit has backed out of the running to develop a rival to Bloomberg's instant messaging network, instead selling the technology assets of its Collaboration unit to back-backed Symphony Communication Services.
Reval, a leading global Software-as-a-Service (SaaS) provider of a scalable and integrated Treasury and Risk Management (TRM) solution, announced today that it has closed a private placement of $20 million in structured financing with Goldman, Sachs & Co. Proceeds will be used for general corporate purposes.
Goldman Sachs has led a $15 million investment round in Kensho, a startup that is seeking to supplant human equity analysts with intelligent big data mining bots.
The leading provider of cloud communications intelligence solutions, Cognia, has appointed former Goldman Sachs partner, Simon Mansfield, as chairman of its board of directors.
The International Swaps and Derivatives Association, Inc. (ISDA) today announced that 18 major global banks (G-18) have agreed to sign a new ISDA Resolution Stay Protocol, which has been developed in coordination with the Financial Stability Board to support cross-border resolution and reduce systemic risk.
US-based risk analytics outfit Context Relevant has completed $13.5 million in Series B-1 funding and signed strategic partnerships with Bank of America Merrill Lynch and Goldman Sachs.
Deutsche Bank has raided Goldman Sachs and Royal Bank of Scotland to bring in two senior technology and operations executives.
Ipreo Holdings LLC ("Ipreo"), a leading global provider of market intelligence and workflow solutions to capital markets and corporate professionals, announced the completion of its acquisition by private equity funds managed by Blackstone (NYSE: BX) and by the Goldman Sachs Merchant Banking Division ("Goldman Sachs") (together, the "Sponsors").
A group of Wall Street banks, led by Goldman Sachs, are on the verge of buying a stake in instant messaging firm Perzo as they prepare to break free of their reliance on Bloomberg, according to Reuters.
The Depository Trust & Clearing Corporation (DTCC) has teamed up with six Wall Street banks to launch Clarient Entity Hub, a client data and documentation utility.
© Finextra Research 2014