Investments in U.S. fintech companies nearly doubled during the third quarter to $5 billion, up from $2.6 billion in the second quarter, according to KPMG’s recent Pulse of Fintech report. There were a total of 142 deals during the quarter, up from 125 deals in the prior year quarter and 147 deals last quarter. ... The Trump Stock Market One year after President Donald Trump defeated Hillary Clinton to become President of the United States, the stock market has risen 21.2 percent. That's the third-best rise in the S&P 500 of any first-term president since 1952, according to CNBC. ... InvestCloud, Willis Towers Watson Partner InvestCloud and Willis Towers Watson are partnering. The cloud-based financial services platform was selected to build a bespoke solution for the WTW Asset Management Exchange (AMX) that will enable clients to better access and monitor roughly $2 billion. ...
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