Fintech PR
BGC Reports Fourth Quarter and Full Year 2023 Financial Results
BGC Declares Quarterly Dividend
Conference Call to Discuss Results Scheduled for 10:00 AM ET Today
NEW YORK, Feb. 14, 2024 /PRNewswire/ — BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the fourth quarter and full year ended December 31, 2023.
A complete and full-text financial results press release, including information about today’s financial results conference call and BGC’s most recent dividend declaration, is accessible at the “Investors & Media” section under either “Investor Relations” or “BGC Press Releases” at http://www.bgcg.com. It is also available at http://ir.bgcg.com/, along with BGC’s quarterly results investor presentation and supplemental Excel financial tables.
About BGC Group, Inc.
BGC Group, Inc. (“BGC”) is a leading global brokerage and financial technology company. BGC, through its affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its affiliates, also provides a broad range of services, including: trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including Fenics®, FMX™, FMX Futures Exchange™, Fenics Markets Xchange™, Fenics Digital™, Fenics UST™, Fenics FX™, Fenics Repo™, Fenics Direct™, Fenics MID™, Fenics Market Data™, Fenics GO™, Fenics PortfolioMatch™, BGC®, BGC Trader™, kACE2™, and Lucera®, BGC offers financial technology solutions, market data, and analytics across a broad range of financial instruments and markets. BGC, BGC Group, BGC Partners, BGC Trader, GFI, GFI Ginga, CreditMatch, Fenics, Fenics.com, FMX, Sunrise Brokers, Poten & Partners, RP Martin, kACE2, Capitalab, Swaptioniser, CBID, Caventor, LumeMarkets and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.
BGC’s customers include many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC’s Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol “BGC”. BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcg.com. You can also follow BGC at https://twitter.com/bgcgroupinc, https://www.linkedin.com/company/bgc_group and/or http://ir.bgcg.com.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission (“SEC”) filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Media Contact:
Jason Angrisani
+1 212-915-1224
Investor Contact:
Jason Chryssicas
+1 212-610-2426
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Fintech PR
Mergermarket unveils 2024 European M&A Awards winners
LONDON, Nov. 28, 2024 /PRNewswire/ — Mergermarket, an ION Analytics service, hosted the 2024 European M&A Awards on 27 November in London, celebrating excellence in the mergers and acquisitions landscape. This year’s event featured 147 firms shortlisted across 49 categories, showcasing the region’s exceptional talent.
The awards recognize standout advisory achievements on complex deals — with entries evaluated using Mergermarket’s industry-leading data to highlight excellence across the investment arena. With only one winner per category and categories spanning multiple deal sizes — from small-cap to large-cap private equity — these awards set industry benchmarks that inspire confidence in the sector.
The event was attended by 250 senior leaders representing firms across finance, law, and advisory services. This year’s awards highlight Europe’s resilient M&A market and celebrate landmark transactions, providing insight into how leading firms are adapting to economic challenges.
John West, Head of Europe, Mergermarket, said, “The awards showcase the true grit of the European M&A community in driving growth amid the shifting sands of the financing and regulatory environment. European M&A year-to-date stands at EUR 665 billion, up 21% since 2023. Key drivers have been the UK, where total deal values are up 72%, and private equity buyouts and exits rose 30%. With big money on the table for landmark deals such as FiberCop, Adevinta, Darktrace, Royal Mail owner IDS, and many more, it’s clear the European M&A investment banking, advisory, legal, and private equity industries have been on the front foot to deliver for clients and investors.”
The winners are:
Legal adviser: Financial adviser: |
||||
European M&A |
Freshfields |
European M&A |
Goldman Sachs |
|
European Mid-Market M&A |
Latham & Watkins |
European Mid-Market M&A |
Rothschild & Co |
|
European Private Equity |
Kirkland & Ellis |
European Private Equity |
Goldman Sachs |
|
Austria |
Schoenherr |
Austria |
Deloitte |
|
Baltics |
Ellex |
Baltics |
Superia |
|
Benelux |
Linklaters |
Benelux |
Morgan Stanley |
|
CEE |
CMS |
CEE |
Goldman Sachs |
|
Denmark |
Gorrissen Federspiel |
Denmark |
Citi |
|
Finland |
Krogerus |
Finland |
Carnegie |
|
France |
Weil, Gotshal & Manges |
France |
BNP Paribas |
|
Germany |
CMS |
Germany |
Morgan Stanley |
|
Ireland |
Arthur Cox |
Ireland |
Rothschild & Co |
|
Israel |
Goldfarb Gross Seligman |
Israel |
Bank of America |
|
Italy |
Gianni & Origoni |
Italy |
Mediobanca |
|
MENA |
Freshfields |
MENA |
Rothschild & Co |
|
Norway |
Wiersholm |
Norway |
ABG Sundal Collier |
|
Iberia |
Garrigues |
Iberia |
Deloitte |
|
Sweden |
Vinge |
Sweden |
Carnegie |
|
Switzerland |
Baer & Karrer |
Switzerland |
UBS |
|
Turkey |
Ozmen Yalcin |
Turkey |
UNLU & Co |
|
United Kingdom |
Latham & Watkins |
United Kingdom |
JP Morgan |
Accountancy |
|
Due Diligence Firm |
EY |
Tax Advisory Firm |
EY |
Private Equity |
|
European Large-Cap (entry value range $500 million+) |
Permira |
European Upper Mid-Market (entry value range $250-500 million) |
Ardian |
European Lower Mid-Market (entry value range $50-250 million) |
Eurazeo |
European Small-Cap (entry value range $0-50 million) |
BGF |
Deal of the year |
Adevinta (Blackstone and Permira) |
About ION
ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/
About ION Analytics
ION Analytics delivers personalized, targeted data and market intelligence to banks, investors, and corporates, helping clients find opportunities and drive better decisions in markets ranging from equities and fixed income to infrastructure and private equity. For more information, visit https://iongroup.com/analytics/
About Mergermarket
Mergermarket is the premier global proprietary M&A intelligence, data, and predictive analytics provider. With access to coverage of 1.4 million companies, almost 3,000 sponsors, and powered by 300 journalists and analysts globally, we bring transformative M&A insight and a competitive edge to capital markets professionals, shaping the future of M&A. For more information, visit https://info.mergermarket.com/
All product and company names herein may be trademarks of their registered owners.
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Fintech PR
International Schools Partnership Deploys Workday to Empower Educators and Drive Global Growth
Leading Global Schools Network Streamlines HR Processes Across 24 Countries (and Counting)
LONDON, Nov. 28, 2024 /PRNewswire/ — Workday Inc. (NASDAQ: WDAY), a leading provider of solutions to help organisations manage their people and money, today announced International Schools Partnership has gone live on Workday Human Capital Management (HCM) to empower its 12,000+ person workforce across 92 schools and 24 countries.
International Schools Partnership (ISP), a leading global network of schools committed to providing a transformative education, is prioritising its human resources strategy with a focus on attracting, developing, and retaining exceptional educators and staff. Recognising that dedicated and passionate teachers are the cornerstone of a high-quality education, ISP is investing in initiatives that support professional growth, foster a collaborative work environment, and champion the well-being of its team. Workday will help enable ISP to achieve a seamless employee experience and connected people function, in turn creating vibrant learning communities where students thrive and employees excel.
“At ISP, we know that investing in our people is investing in the future of education.” said Jo Pertwee, Group Head of People Operations, International Schools Partnership. “Workday will help us to both unify our HR processes and create a seamless and supportive employee experience, enabling our educators to focus on what they do best: inspiring students and fostering a love of learning. This is just the start of our journey with Workday and we’re excited at what the future holds.”
World Class Workforce: Empowered Teachers Inspire Students
Workday HCM will empower ISP with a unified view of its global workforce, enabling data-driven decision-making and streamlined HR processes for greater operational efficiency. By standardising core HR processes, Workday will help ISP focus on attracting, developing, and retaining top educators. Leveraging solutions such as Workday Talent Optimisation, ISP will provide growth and development opportunities, reduce attrition, and boost engagement, fostering a collaborative environment where teachers feel supported and empowered to make an impact.
Good to Grow: Expanding the ISP Global Footprint
Workday’s scalability will help enable ISP’s global expansion, helping ensure a consistent and user-friendly experience for all employees regardless of location. As the organisation adds new schools and employees, Workday will adapt to meet the unique needs of each region, including diverse compliance regulations and reporting requirements. This flexibility will empower ISP leaders to effectively manage its growing global workforce.
“Our solutions are purpose-built to help organisations like ISP navigate the complexities of managing a global workforce while maintaining a culture of learning and innovation,” said Daniel Pell, CEO, UKI, Workday. “Workday will provide ISP with the insights and agility they need to achieve their ambitious growth plans and continue delivering exceptional educational experiences.”
About Workday
Workday is a leading enterprise platform that helps organisations manage their most important assets – their people and money. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,500 organisations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com.
© 2024 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday’s plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialise, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (“SEC”), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday’s discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.
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Fintech PR
KryptoGO Leads the Way with Top-Tier Wallet Security Standards
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
Learn more: www.kryptogo.com | X | LinkedIn
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