Latest news with #regulatoryservices
Entrepreneur
12-07-2025
- Business
- Entrepreneur
Walid Kahoor
Bio Walid Kahoor is Head of the Freezone Services division at Expo City Dubai, where he drives business growth through strategic licensing and exceptional customer service. With a strong focus on operational efficiency and stakeholder collaboration, he has played a key role in streamlining processes and enhancing customer satisfaction. Walid brings over a decade of experience in business licensing and regulatory services. Before assuming his current role in April 2024, he served as a Senior Manager at Expo City Dubai, contributing to strategic planning and budgeting while fostering cross-functional synergies. Prior to joining Expo City Dubai, Walid spent five years at the Dubai Development Authority, holding roles as an assistant manager and specialist in registration and licensing. His expertise in regulatory frameworks and process optimization was instrumental in supporting businesses across various industries. Earlier in his career, he also held a Senior Executive role at the Dubai Film and TV Commission, further expanding his experience in business facilitation and stakeholder engagement.
Yahoo
11-07-2025
- Business
- Yahoo
Morgan Stanley Assumes Coverage of Certara (CERT) Stock
Certara, Inc. (NASDAQ:CERT) is one of the Morgan Stanley assumed coverage of the company's stock with an 'Equal Weight' rating and a price objective of $16. The firm highlighted that it continues to monitor Certara, Inc. (NASDAQ:CERT)'s strategic review of its regulatory services business and potential opportunities stemming from the FDA's announcement related to gradually reducing animal testing in favor of new approach methodologies, including in silico tools, computational modeling, and AI/ML. Certara, Inc. (NASDAQ:CERT) has reiterated its guidance for FY 2025, with revenue expected to be within $415 million – $425 million and adjusted EBITDA margin to be between 30-32%. Certara, Inc. (NASDAQ:CERT) saw total revenue for Q1 2025 of $106.0 million, reflecting YoY growth of 10% on a reported and constant currency basis. Furthermore, the total revenue included $5.9 million of Chemaxon revenue. Overall, the revenue growth was mainly because of growth in Certara, Inc. (NASDAQ:CERT)'s biosimulation software portfolio and contribution from M&A. Total bookings for Q1 2025 amounted to $118.2 million, representing YoY growth of 12% on a reported basis. Total Bookings consisted $4.9 million of Chemaxon bookings. While we acknowledge the potential of CERT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
03-07-2025
- Business
- Finextra
Broadridge to acquire Acolin
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced its agreement to acquire Acolin, a leading European provider of cross-border fund distribution and regulatory services. 0 The acquisition will create a robust pan-European fund distribution network, facilitating broader, more efficient access to investors and distribution partners while supporting the ongoing transformation and efficiency of fund distribution for asset managers worldwide. "Acolin's fund distribution technology and compliance capabilities complement Broadridge's distribution data, intelligence and regulatory communication solutions, creating a simplified and modernized process for launching and distributing funds in Europe," said Michael Tae, Broadridge's Group President of Funds, Issuer, and Data-driven Solutions. "By optimizing the management of fund launches, distribution and compliance, we will enhance global distribution and help asset managers reach clients more efficiently." Acolin will extend Broadridge's services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation and broaden its distribution insights to better support the needs of European and global asset managers. "Broadridge and Acolin are a natural fit," said Theo Splinter, CEO of Acolin. "The combination of Acolin's fund distribution and regulatory solutions with Broadridge's fund reporting and analytics capabilities will create an end-to-end solution for setting and executing a manager's fund distribution strategy, providing our clients with faster time-to-market and delivering significant efficiencies." Acolin, based in Zurich, is a specialized distribution support provider with over 350 clients and access to over 3,000 distributors across 30+ countries. Rather than connecting directly with multiple fund platforms and distributors to access regional European markets, asset managers engage Acolin to access many platforms and distributors, and centrally manage distributor data, contracts, commissions, and compliance needs. Acolin supports fund registrations, legal representation, and ongoing compliance across Europe on behalf of its clients. Broadridge helps asset managers streamline investment operations, comply with changing regulations, and drive revenue and profitability with advanced data, analytics, and global market intelligence. Broadridge's European fund business serves nearly 500 asset managers, and tracks $110 trillion of assets under management, providing fund clients with an unparalleled global view into investor and asset trends. The transaction is not expected to have a material impact on Broadridge's financial results and is expected to close in the first half of Broadridge's 2026 fiscal year, subject to customary closing conditions, including regulatory approvals.
Associated Press
03-07-2025
- Business
- Associated Press
Broadridge to Acquire Acolin, Accelerating Modernization and Transparency in Cross-Border Fund Distribution
Acquisition will enhance Broadridge's global fund distribution, data and regulatory service capabilities and reinforce its role at the intersection of funds and distributors LONDON and NEW YORK, July 3, 2025 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced its agreement to acquire Acolin, a leading European provider of cross-border fund distribution and regulatory services. The acquisition will create a robust pan-European fund distribution network, facilitating broader, more efficient access to investors and distribution partners while supporting the ongoing transformation and efficiency of fund distribution for asset managers worldwide. 'Acolin's fund distribution technology and compliance capabilities complement Broadridge's distribution data, intelligence and regulatory communication solutions, creating a simplified and modernized process for launching and distributing funds in Europe,' said Michael Tae, Broadridge's Group President of Funds, Issuer, and Data-driven Solutions. 'By optimizing the management of fund launches, distribution and compliance, we will enhance global distribution and help asset managers reach clients more efficiently.' Acolin will extend Broadridge's services in Europe, expand its regulatory fund communications services to include additional compliance operations, integrate capabilities to support fund creation and broaden its distribution insights to better support the needs of European and global asset managers. 'Broadridge and Acolin are a natural fit,' said Theo Splinter, CEO of Acolin. 'The combination of Acolin's fund distribution and regulatory solutions with Broadridge's fund reporting and analytics capabilities will create an end-to-end solution for setting and executing a manager's fund distribution strategy, providing our clients with faster time-to-market and delivering significant efficiencies.' Acolin, based in Zurich, is a specialized distribution support provider with over 350 clients and access to over 3,000 distributors across 30+ countries. Rather than connecting directly with multiple fund platforms and distributors to access regional European markets, asset managers engage Acolin to access many platforms and distributors, and centrally manage distributor data, contracts, commissions, and compliance needs. Acolin supports fund registrations, legal representation, and ongoing compliance across Europe on behalf of its clients. Broadridge helps asset managers streamline investment operations, comply with changing regulations, and drive revenue and profitability with advanced data, analytics, and global market intelligence. Broadridge's European fund business serves nearly 500 asset managers, and tracks $110 trillion of assets under management, providing fund clients with an unparalleled global view into investor and asset trends. The transaction is not expected to have a material impact on Broadridge's financial results and is expected to close in the first half of Broadridge's 2026 fiscal year, subject to customary closing conditions, including regulatory approvals. About Broadridge Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit Forward-Looking Statements This press release and other written or oral statements made from time to time by representatives of Broadridge may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of words such as 'expects,' 'assumes,' 'projects,' 'anticipates,' 'estimates,' 'we believe,' 'could be,' 'on track,' and other words of similar meaning, are forward-looking statements. These statements are based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. These risks and uncertainties include those risk factors described and discussed in Part I, 'Item 1A. Risk Factors' of our Annual Report on Form 10-K for the year ended June 30, 2024 (the '2024 Annual Report'), as they may be updated in any future reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by reference to the factors discussed in the 2024 Annual Report. Broadridge Contact Information: Investors [email protected] Media [email protected] View original content to download multimedia: SOURCE Broadridge Financial Solutions, Inc.
