Financial data vendor

Scotland-Based Smart Data Foundry Wins United Nations Synthetic Data Challenge

Retrieved on: 
Tuesday, March 8, 2022

Smart Data Foundry data science team members Paola Arce, Victor Alfonzo Diaz and Euan Gardner represented the organization under its previous Global Open Finance Centre of Excellence name.

Key Points: 
  • Smart Data Foundry data science team members Paola Arce, Victor Alfonzo Diaz and Euan Gardner represented the organization under its previous Global Open Finance Centre of Excellence name.
  • The week-long synthetic data challenge was put into place to help shape the HLG-MOS's Synthetic Data for National Statistical Offices: A Starter Guide, being published by the UNECE later in 2022.
  • Smart Data Foundry is part of the University of Edinburgh and a collaboration with the Financial Data and Technology Association (FDATA) and FinTech Scotland.
  • "The Smart Data Foundry team, assisted by our own data scientists, were able to quickly turn in a winning performance, which is a testament to both GEMINAI's capabilities and the Smart Data Foundry's ambition."

Industrial Logistics Properties Trust Completes Acquisition of Monmouth Real Estate Investment Corporation

Retrieved on: 
Monday, February 28, 2022

Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has completed its acquisition of Monmouth Real Estate Investment Corporation (NYSE: MNR) for $21.00 per share in an all-cash transaction, valued at approximately $4.0 billion, including committed MNR acquisitions, transaction costs and the assumption of approximately $323 million of debt.

Key Points: 
  • Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has completed its acquisition of Monmouth Real Estate Investment Corporation (NYSE: MNR) for $21.00 per share in an all-cash transaction, valued at approximately $4.0 billion, including committed MNR acquisitions, transaction costs and the assumption of approximately $323 million of debt.
  • In connection with the closing of the MNR transaction, ILPT also terminated its existing $750 million revolving credit facility.
  • Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties that serve the growing needs of e-commerce.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

The St. Joe Company Reports Fourth Quarter and Full Year 2021 Results and Increases Quarterly Dividend By 25%

Retrieved on: 
Wednesday, February 23, 2022

The St. Joe Company (NYSE: JOE) (the Company) today announced fourth quarter and full year 2021 results.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (the Company) today announced fourth quarter and full year 2021 results.
  • Revenue for the fourth quarter of 2021 increased by 56% to $99.5 million, as compared to $63.9 million for the fourth quarter of 2020.
  • Real estate revenue increased by 59% to $73.0 million in the fourth quarter of 2021, as compared to $45.8 million in the fourth quarter of 2020.
  • Hospitality revenue increased by 37% to $17.3 million in the fourth quarter of 2021 as compared to $12.6 million in the fourth quarter of 2020.

Seven Hills Realty Trust Announces Fourth Quarter 2021 Results

Retrieved on: 
Thursday, February 17, 2022

As of December 31, 2021, SEVN was in compliance with all covenants and other terms under its secured financing facilities.

Key Points: 
  • As of December 31, 2021, SEVN was in compliance with all covenants and other terms under its secured financing facilities.
  • At 10:00 a.m. Eastern Time on Friday, February 18, 2022, President, Tom Lorenzini, and Chief Financial Officer and Treasurer, Doug Lanois , will host a conference call to discuss SEVNs fourth quarter 2021 financial results.
  • A copy of SEVNs Fourth Quarter 2021 Supplemental Operating and Financial Data is available for download at SEVNs website, www.sevnreit.com .
  • Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate.

The big opportunity for Open Finance: Majority of SMEs say financial integrations increase their efficiency

Retrieved on: 
Wednesday, January 19, 2022

As the debate around Open Banking and Open Finance gathers pace, 7 out of 10 of businesses say financial integrations make their business operations faster and more efficient.

Key Points: 
  • As the debate around Open Banking and Open Finance gathers pace, 7 out of 10 of businesses say financial integrations make their business operations faster and more efficient.
  • Opening up datasets such as pensions, mortgages, investments, energy, and telecoms ignores the most vital financial data to small businesses.
  • Gavin Littlejohn, Chair of FDATA Global (Financial Data and Technology Association), said: "Open Banking regimes to date have focused on consumer needs as default.
  • The Open for Business report summarises three recommendations:
    The needs of small businesses and consumers will diverge further when it comes to Open Finance than Open Banking.

Tech Mahindra Launches FiDaaS Solution Powered by Alveo to Address Financial Services’ Data Management Challenges

Retrieved on: 
Wednesday, December 8, 2021

The FiDaaS Solution provides a cloud-based, Centralized Market Data Platform which offers a comprehensive solution for pricing and reference data management and covers end to end Financial Data Management requirements.

Key Points: 
  • The FiDaaS Solution provides a cloud-based, Centralized Market Data Platform which offers a comprehensive solution for pricing and reference data management and covers end to end Financial Data Management requirements.
  • The solution covers Data Acquisition, Data Mastering, Data Quality Management, Data Discovery and Distribution.
  • The Tech Mahindra FiDaaS solution will be offered in partnership with Alveo, as the underlying technology, and will include:
    Market Data Management Solutions for Portfolio valuation (e.g.
  • A sophisticated data management platform is central to ensuring data quality, data lineage, data cost monitoring, automation and self-services for global enterprises.

Industrial Logistics Properties Trust to Acquire Monmouth Real Estate Investment Corporation for $4.0 Billion

Retrieved on: 
Friday, November 5, 2021

Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Monmouth Real Estate Investment Corporation (NYSE: MNR) for $21.00 per share in an all-cash transaction, valued at approximately $4.0 billion, including committed MNR acquisitions, transaction costs and the assumption of $409 million of debt.

Key Points: 
  • Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has entered into a definitive agreement to acquire all of the outstanding shares of Monmouth Real Estate Investment Corporation (NYSE: MNR) for $21.00 per share in an all-cash transaction, valued at approximately $4.0 billion, including committed MNR acquisitions, transaction costs and the assumption of $409 million of debt.
  • The transaction adds 126 new, Class A, single tenant, net leased, e-commerce focused industrial properties to ILPTs existing high-quality portfolio and improves geographic and tenant diversity.
  • Certain highlights of the acquired portfolio include:
    126 industrial and logistics properties with approximately 26.3 million rentable square feet.
  • Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties that serve the growing needs of e-commerce.

Financial Data Exchange (FDX) Adds 26 New Members

Retrieved on: 
Monday, November 1, 2021

The Financial Data Exchange (FDX) has welcomed 26 new members since May 2021, bringing its total membership to 208 organizations.

Key Points: 
  • The Financial Data Exchange (FDX) has welcomed 26 new members since May 2021, bringing its total membership to 208 organizations.
  • FDX members include financial institutions, financial data aggregators, fintechs, payment networks, consumer groups, financial industry groups and utilities and other stakeholders.
  • FDX works through its members to define and promote adoption of its common, interoperable, and royalty-free FDX API standard for financial data sharing.
  • Since its launch in the Fall of 2018 with 21 founding members, FDX has seen its membership and the adoption of the FDX API grow rapidly as data providers, such as financial institutions, data access platforms, like financial data aggregators, and data recipients such as fintech apps, are collectively transitioning to the standard in the US and Canada.

The St. Joe Company Reports Third Quarter 2021 Results

Retrieved on: 
Wednesday, October 27, 2021

The St. Joe Company (NYSE: JOE) (the Company) today announced revenue for the third quarter of 2021 increased by 28% to $53.9 million as compared to $42.0 million for the third quarter of 2020.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (the Company) today announced revenue for the third quarter of 2021 increased by 28% to $53.9 million as compared to $42.0 million for the third quarter of 2020.
  • In the third quarter of 2021, the Company invested $56.5 million in capital expenditures, which when combined with the $84.1 million invested in the first two quarters of 2021, totaled $140.6 million for the nine months ended September 30, 2021.
  • The Company added 207 new members in the third quarter of 2021 for a total of 595 new members for the nine months ended September 30, 2021.
  • The Company added 207 new members in the third quarter of 2021 for a total of 595 new members for the nine months ended September 30, 2021.

Global Industry Analysts Predicts the World Healthcare Descriptive Analytics Market to Reach $57.7 Billion by 2026

Retrieved on: 
Wednesday, October 13, 2021

SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Descriptive Analytics - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Descriptive Analytics - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Healthcare Descriptive Analytics estimated at US$15.6 Billion in the year 2020, is projected to reach a revised size of US$57.7 Billion by 2026, growing at a CAGR of 23.9% over the analysis period.
  • The U.S. Market is Estimated at $6 Billion in 2021, While China is Forecast to Reach $10.1 Billion by 2026
    The Healthcare Descriptive Analytics market in the U.S. is estimated at US$6 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.