“There’s two superpowers in the world today,” said Thomas Friedman. “There’s the United States and the Moody’s Bond Rating Service. And believe me, it’s not clear sometimes who’s more powerful.” Capital markets could not function without rating agencies. As financial firms and bond issuers begin to rely more on real-time analytics and data analyses, rating…
The outcome of last month’s EU referendum in the United Kingdom is, by now, well-known: in a 52-48 vote, the Brexit vote passed, prompting PM David Cameron to resign and raising serious questions about the economic future of the United Kingdom. The global financial market responded, predictably, with immediate volatility: the following day, the pound…
Overbond team on the left, University of Toronto software engineers on the right and University of Waterloo winner Toby Huang on the video link being presented the award We had a busy week at Overbond, after we announced the closure of our $7.5 million seed financing round earlier last week. This past weekend June 17th-19th,…
Behind the spotlight, debt financing remains a significant driver of technology transactions Last week, Microsoft acquired LinkedIn, the social media platform geared towards professional networks. The acquisition was impressive on its own, but even more so for the price: Microsoft spent a whopping $26.2 billion on the purchase. One of the aspects that has been…
It might be surprising to know that my colleague Abdul Haseeb, software engineer, developed core components of Overbond platform in just three months — a remarkably short time in the software development world. While I think Abdul is undoubtedly an expert coder, his ability to code at such an astonishing rate depended on a little…
Its 1919. Just like on this poster, a Canadian soldier, dressed in green slacks, a green shirt and a green hat looks out of two windows. In one, his future of prosperity: booming industry and economic security. On the other: a growing field of wheat, and his stagnant family farm. “Re-establish him! It’s up to…
Within the broader financial world, it is increasingly apparent that change is afoot — new platforms, new technologies and (perhaps most significantly) new relationships are now coming to define the future of an industry that is at a crossroads. That crossroads is simple: after decades of developing internalized processes and ways of doing business, major…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
