Fintech PR
Square Mile Investment Consulting & Research partners with Door to digitise its fund manager due diligence process
NEW YORK, Sept. 26, 2024 /PRNewswire/ — Leading fund research, consulting and investment solutions provider Square Mile Investment Consulting & Research (Square Mile) has announced a new strategic partnership with Door, the leading global digital due diligence and risk management platform.
Square Mile is committed to helping investors achieve their financial and responsible investment goals. The firm works with independent financial advisers, asset managers and wholesale platforms to empower them with the knowledge, tools and support to deliver the best outcomes for their clients, society and the environment.
Door’s platform allows Square Mile’s Fund Research & Consulting team to benefit from Door’s standardised questionnaire content, completed by asset managers, with real-time updates on critical issues such as investment risk, governance, sustainability, diversity & inclusion and culture.
John Monaghan, Research Director at Square Mile says, “We are embracing new technologies to enhance the delivery of our research and create efficiencies. Digital transformation in due diligence is an important development to support clients and we are pleased to be partnering with Door, a market leader in this field. “
Steve Goldstein, CEO of Door, says, “We are delighted that Square Mile is joining its global peers, including some of the largest UK and US wealth managers, to help drive the long overdue digital transformation of the due diligence process. Door’s global scale and coverage provides a unique opportunity to asset managers, regardless of size, to access the fund selection teams of the most prominent local, regional and global wealth managers.”
Press contacts:
Door:
Steven Goldstein, CEO
[email protected]
001-917-887-5950
Square Mile Investment Consulting & Research:
Hugo Mortimer-Harvey, PR consultant
hugomortimerharvey@hotmail.com
+44 (0)7767 722663
About Door
Door is the digital interface used by professional investors and investment platforms to access up-to-date information for fund research and operational due diligence. Door streamlines the information exchange, saving asset managers’ time, improving client experience and reducing investment risk. Door works with over 400 asset managers and manager research teams in more than 30 countries.
About Square Mile Investment Consulting & Research
Launched in January 2014, Square Mile Investment Consulting & Research Limited (Square Mile) is an independent investment consulting and research business focussing first and foremost on in depth, qualitative fund research, and providing tailored support, investment and consultancy services for financial advisers and institutions.
Based in London, the company employs some 50 professionals across its research and investment teams and broader operations. In February 2024, Square Mile was acquired by Titan Wealth Holdings (Titan Wealth).
About Titan Wealth
Titan Wealth is a client to custody business offering custody, platform, discretionary fund management and financial planning. Targeting £50 billion in assets under administration over the next three to five years and assets under management of £40 billion, Titan aims to bring high-quality execution and administration to the asset and wealth management sector.
Titan is led by a highly experienced management team with deep expertise across financial services and is backed by Parthenon Capital Partners and Ares Management. Its management team comprises: James Kaberry, an experienced entrepreneur and founder of Pantheon Financial Management, which grew to be one of the UK’s largest financial advisory firms; Andrew Fearon, who has been active in UK wealth management and a founder of one of the biggest UK IFA consolidators, as well as raising funds for other UK IFA consolidators; Damian Sharp, whose financial services career spans over 30 years, with the greater part spent at Pantheon Financial Management Ltd where as Managing Director he steered the group through its RDR rationalisation to its ultimate sale to Ascot Lloyd; Ken Coveney who brings nearly three decades of experience to Titan, having previously held the role of CFO at Crown Agents Group, Alcumus Group and most recently at Corona Corporate Solutions.
View original content:https://www.prnewswire.co.uk/news-releases/square-mile-investment-consulting–research-partners-with-door-to-digitise-its-fund-manager-due-diligence-process-302260013.html
Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
Fintech PR
Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
Photo – https://mma.prnewswire.com/media/2566075/Qatar_Development_Bank_Announcement.jpg
View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
Fintech PR
China’s AIMA brand electric motorbike is now in Bangladesh
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
Photo – https://mma.prnewswire.com/media/2557788/image.jpg
Photo – https://mma.prnewswire.com/media/2565550/Image2.jpg
Logo – https://mma.prnewswire.com/media/2449955/5026987/AIMA_Technology_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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