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Fimatix completes acquisition of Idea Group

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Leading digital technology services consultancy Fimatix has announced the acquisition of Financial Services technology specialist Idea Group for an undisclosed sum, as part of its next stage of growth in the digital services marketplace.

LONDON, May 26, 2022 /PRNewswire/ — The purchase enables Fimatix to expand its public sector and consulting arms by integrating and building out Idea Group’s existing technology solutions and services and marrying them with pre-existing internal expertise across a wide range of sectors. Idea Group has over twenty years’ experience servicing the financial services community, where it has earned a reputation for fostering innovation, particularly in the pensions sector.

Incorporating Idea Group’s Prodigy solution will place Fimatix at the cutting edge of regulatory governance and reporting – especially important with the growing emphasis on ESG – by allowing clients to collate data and apply process controls to get full governance insight through the entire lifecycle of financial services products and services.

Idea Group’s Nova Gateway applications will complement Fimatix’ existing financial services expertise by providing a complete series of tools to streamline information interaction within the Investment Management industry. A number of leading investment managers and pension administrators benefit from using Nova to send and receive high value fund orders and transfers over SWIFT and other networks.

Idea Group’s founder, Ian Lyall, who has worked in the industry since 1995, provides the company with one of the expert voices in the sector and will sit on the Fimatix EXCO as Chief Technology Officer. Idea Group’s Non-executive Chairman Mike Craston has also joined Fimatix as an Independent Director, and will bring with him the experience of time spent as Chairman of Aviva, and CEO of Legal & General.

Tim Howarth, CEO of Fimatix, said of the acquisition:

“We are thrilled with the acquisition of Idea Group, a company that have long shared our dedication to using tech to solve issues within the financial sector, by making regulations easier to adhere to. They have provided top tier services within the investment management and pensions industry for over 20 years and will form a crucial part of Fimatix portfolio of offerings.”

“The acquisition comes at a critical time for the pensions industry and for Fimatix as we look to focus on regulated industries, while the importance of reporting ESG in particular, both to government and businesses, continues to grow creating new opportunities for our suite of tech products.”

Ian Lyall, Managing Director of Idea Group, said:

“Fimatix’ vision and sense of purpose far exceeded that of other companies who have recently expressed an interest in acquiring Idea Group. The Fimatix team possess unparalleled industry experience, yet as ‘seasoned entrepreneurs’ they have the mindset, energy and values that would more commonly be associated with a start-up business.

Idea Group has been developing enterprise class solutions for many years and joining Fimatix will allow us to greatly increase our distribution and reach, whilst we continue to innovate to provide real business benefits to our customers. We are hugely excited to join with Fimatix on this new chapter.”

Notes to Editors:

Fimatix’s purpose is to enhance the productivity of business and governments to the benefit of economies, communities and people around the world. The business has a track record of supporting major banks and e-money fintech challengers within the financial services sector, and digital transformation in the UK Government including the Home Office, Department of Health and Social Care, the Ministry of Justice, the Department Business, Energy and Industrial Strategy, and the Home Office.

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Robotics & AI Discovery Day Expands with a New Defense Pavilion, Uniting Technology Leaders Around the Future of Physical AI

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Pittsburgh Robotics Network and Pittsburgh Technology Council partner to showcase the technologies transforming industry, national security and the next era of innovation

PITTSBURGH, July 30, 2026 /PRNewswire/ — With Pittsburgh’s globally recognized robotics ecosystem as its backdrop, Robotics & AI Discovery Day will give industry leaders, investors, policymakers and the public a front-row seat this September to the technologies, companies and ideas shaping the future of robotics and AI.

The Pittsburgh Robotics Network (PRN) and the Pittsburgh Technology Council (PTC) today announced a strategic partnership for Robotics & AI Discovery Day 2026, including the debut of a new Defense Pavilion highlighting robotics, artificial intelligence, autonomy, and dual-use technologies driving innovation across defense, manufacturing, infrastructure, logistics, healthcare, and other critical industries.

This partnership reflects Pittsburgh’s position as a global leader in robotics, AI, and advanced manufacturing while reinforcing the region’s role in shaping the future of physical AI. As artificial intelligence moves beyond software into intelligent machines operating in the real world, Robotics & AI Discovery Day offers a rare opportunity to experience these technologies firsthand.

The Defense Pavilion will feature companies developing technologies that strengthen both commercial markets and national capabilities, showcasing innovations with applications across industry, public safety, and national security.

“If you want to see where robotics and physical AI are headed, Pittsburgh is one of the most important places in the world to experience it. Discovery Day brings together the technologies, companies and people defining what comes next, and our partnership with the Pittsburgh Technology Council makes this year’s event an even stronger reflection of the scale, relevance and momentum of this innovation ecosystem,” said Jenn Apicella, executive director of the Pittsburgh Robotics Network.

Robotics & AI Discovery Day has become one of the nation’s premier robotics and AI events, bringing together nearly 10,000 attendees, 250+ exhibitors, investors, researchers, manufacturers, startups, government leaders, and future talent. The event features live technology demonstrations, industry workshops, expert panel discussions, keynote presentations, a Career Center connecting employers with top talent, and opportunities to engage directly with the companies shaping the next generation of intelligent machines.

The partnership between PRN and PTC brings together two of the region’s leading technology organizations to further elevate Pittsburgh’s role as a destination for innovation, commercialization, and investment.

“Pittsburgh has extraordinary capabilities in robotics, AI, autonomy and advanced manufacturing that are increasingly important to our national defense and industrial competitiveness. This partnership with the Pittsburgh Robotics Network gives us an opportunity to bring those capabilities together and demonstrate the important role this region can play in strengthening America’s technology and defense leadership.” said Audrey Russo, President & CEO of the Pittsburgh Technology Council.

With support from Visit Pittsburgh, Robotics & AI Discovery Day also showcases the region itself. As visitors travel from across the country and around the world, the event highlights the companies, research institutions, workforce, and entrepreneurial ecosystem that have made Pittsburgh one of the world’s leading robotics and AI hubs.

Free tickets, more information, exhibitor opportunities and event details, for Robotics & AI Discovery Day 2026 on September 16th are available at bit.ly/RADD2026 

ABOUT THE PITTSBURGH ROBOTICS NETWORK
The Pittsburgh Robotics Network is a nonprofit organization dedicated to driving the growth and commercialization of Pittsburgh’s world-leading robotics ecosystem. With over 320+ robotics, deep tech & AI companies in the regional cluster, the Pittsburgh Robotics Network connects businesses, research institutions, investors, and industry leaders to accelerate the transition of breakthrough robotics technology from the lab to the marketplace.

ABOUT THE PITTSBURGH TECHNOLOGY COUNCIL
The Pittsburgh Technology Council is the region’s leading technology trade association, representing nearly 1,000 member organizations. Since 1983, PTC has helped technology companies grow through business development, talent, visibility, and government relations, strengthening southwestern Pennsylvania’s innovation economy.

Press kit found here.

View original content to download multimedia:https://www.prnewswire.com/news-releases/robotics–ai-discovery-day-expands-with-a-new-defense-pavilion-uniting-technology-leaders-around-the-future-of-physical-ai-302840398.html

SOURCE Pittsburgh Robotics Network

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First Horizon Recognized With Two Newsweek Awards for Second Consecutive Year

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MEMPHIS, Tenn., July 31, 2026 /PRNewswire/ — First Horizon Corporation (NYSE: FHN) is proud to be recognized with two Newsweek awards for the second year in a row. The company earned honors as one of America’s Greatest Workplaces in Financial Services and as one of America’s Greatest Workplaces for Women.

The first recognition, for Financial Services, highlights U.S. financial services employers based on 10 dimensions of associate satisfaction, using 220,000+ reviews gathered between April and October 2025 and weighted results from studies conducted between 2022 and 2024. As the sector evolves and continues to be driven by fintech, AI and shifting market demands, Newsweek’s ranking reflects companies that successfully balance high-stakes performance with employee well-being.

The second award, recognition as one of America’s Greatest Workplaces for Women, is based on a nationwide survey of more than 89,000 female employees. This year’s analysis was supported by Plant-A Insights Group, working with HR analytics firm Analine, which evaluated more than 37 million data points across 120 key performance indicators with an emphasis placed on factors such as gender equality, fairness and inclusion.

“Earning these recognitions from Newsweek for two consecutive years is a meaningful reflection of the culture we work hard to build at First Horizon,” said Tanya Hart, Senior Executive Vice President and Chief Human Resources Officer for First Horizon. “As the industry evolves, we remain focused on delivering both outstanding performance and an experience where our associates feel supported, valued and empowered. We’re grateful to our teams for the commitment and care they bring to work every day.”

About First Horizon
First Horizon Corp. (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/first-horizon-recognized-with-two-newsweek-awards-for-second-consecutive-year-302840399.html

SOURCE First Horizon Corporation

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Ferguson Enterprises Set to Join S&P 500 and ADI Global Distribution to Join S&P SmallCap 600

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NEW YORK, July 31, 2026 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P 500 and S&P SmallCap 600: 

Ferguson Enterprises Inc. (NYSE: FERG) will replace Electronic Arts Inc. (NASD: EA) in the S&P 500 effective prior to the opening of trading on Wednesday, August 5. An investor consortium comprised of Public Investment Fund, Silver Lake, and Affinity Partners are acquiring Electronic Arts in a deal expected to be completed soon, pending final conditions.ADI Global Distribution Inc. (NYSE: ADIG) will be added to the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 4, replacing Hertz Global Holdings Inc. (NASD: HTZ) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 5. S&P SmallCap 600 constituent Resideo Technologies Inc. (NYSE: REZI) is spinning off ADI Global Distribution in a transaction to be completed August 4. Hertz Global Holdings is no longer representative of the small-cap market space.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name 

Action

Company Name

Ticker

GICS Sector

August 4, 2026

S&P SmallCap 600

Addition

ADI Global Distribution

ADIG

Information Technology

August 5, 2026

S&P SmallCap 600

Deletion

Hertz Global Holdings

HTZ

Industrials

August 5, 2026

S&P 500

Addition

Ferguson Enterprises

FERG

Industrials

August 5, 2026

S&P 500

Deletion

Electronic Arts

EA

Communication Services

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/ferguson-enterprises-set-to-join-sp-500-and-adi-global-distribution-to-join-sp-smallcap-600-302840407.html

SOURCE S&P Dow Jones Indices

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