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Top-tier athletes unite once more for the highly anticipated FlowBank Championship
GENEVA, May 2, 2024 /PRNewswire/ — FlowBank, the innovative Swiss online bank, proudly unveils its lineup for the second edition of the FlowBank Championship. Leading figures including Anthony Joshua, Israel Adesanya, Antoine Dupont, Ana Marković, Esteban Ocon, and Peter Sagan are set to compete in this distinctive online trading competition scheduled from May 1 to May 31, 2024. Following the resounding success of the inaugural 2023 FlowBank Championship, these sports icons are eager to showcase their trading skills and highlight the accessibility of financial markets to their fans and online communities.
Charles Henri Sabet, founder of FlowBank, expressed his excitement for the event’s return, stating, “The remarkable engagement we witnessed last year underscores the triumph of this initiative. It not only drew significant attention to the parallels between sporting excellence and trading but also underscored the importance of financial literacy. Elevating the competition in its second year was a natural progression for us.”
In an exciting development, Alexander Zverev, FlowBank ambassador and third-place finisher in the inaugural edition, will take on a mentorship role. “Transitioning from competitor to mentor is invigorating. Having navigated the challenges these athletes will encounter in this competition, I eagerly anticipate sharing my insights and guiding this year’s exceptional group of athletes,” Alexander Zverev remarked.
Throughout the championship, FlowBank will provide athletes with tools, platforms, and resources to deepen their understanding of financial markets as they compete for the title of top trader on a virtual portfolio.
Simultaneously, the FlowBank community will gain unprecedented access to the athletes’ trading strategies, with opportunities to enhance their financial literacy through tailored educational content, including podcasts and comprehensive articles.
“The FlowBank Championship is more than a competition; it underscores our dedication to democratizing access to financial markets, nurturing an informed and engaged community,” concluded Charles Henri Sabet.
The FlowBank Championship will also feature insights from longstanding FlowBank ambassador Severin Lüthi and tennis legend Martina Hingis, with Hingis providing commentary and analysis in a weekly podcast throughout the competition.
Beyond the FlowBank Championship, FlowBank remains the primary sponsor of Swiss Tennis, Swiss Ice Hockey, and the Gonet Geneva Open, reinforcing its steadfast support for Swiss sports across all levels and bolstering its sponsorship portfolio.
Since its inception in November 2020, FlowBank has witnessed remarkable growth and continues to expand its services. Presently, FlowBank offers access to over 50,000 financial instruments and stands as the only Swiss bank to offer zero commission on Swiss stocks, alongside the lowest trading fees in Switzerland. The bank remains committed to ongoing investments in technology, innovation in features and products, and above all, prioritizing the client experience.
Follow @flowbank on social media for the latest news and updates on the FlowBank Championship.
About FlowBank
Established in 2020 by CEO Charles Henri Sabet, with headquarters in Geneva and an office in Zurich, FlowBank presently employs 140 experts. The bank delivers online investing and trading services, providing access to over 50,000 financial products at competitive prices. Recently recognized as Switzerland’s most competitive trading provider by Neue Zürcher Zeitung, FlowBank is licensed by the Swiss Financial Market Supervisory Authority (FINMA) and is a member of esisuisse. Additionally, it holds membership in the Swiss Bankers Association.
Facebook: FlowBank@FlowBank
Instagram: @flowbank
LinkedIn: FlowBank
X: FlowBank@flowbank_sa
Media Contact
FlowBank SA
Caroline Puder-Lévy, Chief Marketing Officer
Esplanade de Pont-Rouge 9
1211 Geneva 26
[email protected]
+41 22 888 6409
Photo: https://mma.prnewswire.com/media/2403595/FlowBank_SA.jpg
Logo: https://mma.prnewswire.com/media/2315878/4685193/FlowBank_logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/top-tier-athletes-unite-once-more-for-the-highly-anticipated-flowbank-championship-302134625.html
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CUBE acquires global regulatory intelligence businesses from Thomson Reuters
LONDON, May 17, 2024 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses.
The acquisition of these global businesses represents a major step forward in CUBE’s growth plans. It will deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s existing global customer base will be expanded to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s global employees will expand to 600, of which close to 250 are highly qualified regulatory subject matter experts, legal and compliance professionals.
Ben Richmond, founder and CEO of CUBE said: “Thomson Reuters is known to be the biggest and best in the industry for providing regulatory expert analysis and subject matter expertise, alongside world-leading journalism and news. The combination of CUBE’s purpose-built AI, with the years of content curated by Thomson Reuters Regulatory Intelligence and Oden expert analysts, will accelerate innovation. Together, we will deliver regulatory transformation capabilities for our global customers that could only have been imagined before.”
Richmond continues: “This combination will provide tremendous scale and depth across CUBE’s regulatory content and technology. It is a significant step toward creating an industry-defining regulatory compliance and risk platform that will benefit all customers and elevate the industry as a whole.”
Through this acquisition, CUBE will provide an expanded and comprehensive selection of specialized regulatory intelligence and regulatory change services, committed to excellence, quality, and highly contextualised and meaningful regulatory content for customers. By combining cutting-edge technology and subject matter expertise at scale CUBE will set a new bar for the industry in regulatory automation and content.
Chris Maguire, General Manager, Risk and Fraud, Corporates, Thomson Reuters said: “It was clear to us that CUBE had established itself as a leading regulatory intelligence provider for global enterprise clients in the financial services and insurance sectors. We wanted to ensure our customers and employees could work with an organisation that would continue to innovate and significantly invest in solutions like Thomson Reuters Regulatory Intelligence and Oden. We are working tirelessly to ensure a seamless and value-enhancing transition for customers and employees, and we are looking forward to working with the CUBE team during this transition.”
Christopher Fielding, Hg, said: “We’re delighted to further extend our market reach, bringing in two high quality and complementary global businesses to the CUBE platform.”
Thomas Martin, Hg, added: “We see these acquisitions as enabling further innovation in the regulatory intelligence and change management sector, leading to strengthened demand for these quality solutions across the globe.”
The terms of the transaction will not be disclosed.
About CUBE
CUBE provides a highly comprehensive and robust source of classified, and meaningful AI-driven regulatory data to power its Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) solutions. CUBE’s purpose-built regulatory technology including its AI engine (RegBrain) and software platform (RegPlatform) tracks, analyses, and monitors laws, rules, and regulations in every country and in every published language to create an always up-to-date regulatory footprint that transforms visibility and compliance capability for customers across the globe.
With operations across Europe, North America, Canada, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes.
Following the strategic partnership with Hg in March 2024, CUBE announced the acquisition of US-based Reg-Room in May 2024.
About Hg
Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers.
This industry is characterised by digitisation trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.
With a vast European network and strong presence across North America, Hg’s 400 employees and around $70 billion in funds under management support a portfolio of around 50 businesses, worth over $140 billion aggregate enterprise value, with over 110,000 employees, consistently growing revenues at more than 20%.
About Regulatory Intelligence
Regulatory Intelligence is a proactive, connected, and comprehensive solution that tracks and analyses regulatory changes within ~2,000 regulatory bodies and rulebooks for more than 20 countries. It enables banking, financial services, and insurance (BFSI) sectors to manage exposure to operational, regulatory, and compliance risk.
About Oden
Oden State Rules and Regulations (SR&R), Oden Policy Terminator/Sentry PT, and OdenTrack provide repositories and automated solutions for complying with state rules and regulations on the provisioning of Personal and Business Insurance in the US.
View original content:https://www.prnewswire.co.uk/news-releases/cube-acquires-global-regulatory-intelligence-businesses-from-thomson-reuters-302147604.html
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