TechTaffy

tech:

taffy

Mphasis, Thomson Reuters Ink BPS Deal

By TechTaffy Desk

Mphasis has inked an agreement with Thomson Reuters to offer technology-centric Business Process Services (BPS) for Thomson Reuters BETA customers. Under the terms of the agreement, Mphasis will offer their back office operations solutions to wealth management firms using the Thomson Reuters BETA platform. This includes services ranging from customer acquisition, account management through trade execution, portfolio management, all the way to settlement and reporting.

Thomson Reuters BETA is a suite of products that lets customers manage the daily tasks of the brokerage business.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.