Money.Net returns, plans launch of new terminal in early 2022

Last year, the low-cost data vendor filed for—and emerged from—Chapter 7 bankruptcy protection after facing financial woes and a lawsuit from former investors. This new iteration will be led by several execs from broker Gain Capital.

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Money.Net, the budget data workstation provider rescued from bankruptcy last year, is preparing to relaunch and unveil its new terminal platform early in Q1 of this year. Company executives hope the new offering will serve and connect a broader range of investors and institutions across the financial markets ecosystem.

The vendor has also assembled a fresh management team that draws heavily on former employees of Gain Capital and its subsidiaries. Leading the company as CEO will be Vincent

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Brown Brothers Harriman unifies busy suite of AI products

It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.

Bank-backed Versana takes aim at syndicated loan tech

Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.

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