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TrustFinance Intelligence Agency

Research date: Dec 14, 2025

Acuity Knowledge Partners has announced its acquisition of Ascent, a company that provides AI-driven digital transformation services to over 170 clients across Europe. This acquisition aims to enhance Acuity's Data and Technology Services division by integrating Ascent's AI analytics and trading guidance capabilities, which will support retail brokers like RoboForex. The move is expected to strengthen Acuity's offerings in digital transformation and AI adoption, expanding its global delivery network and maintaining existing alliances, such as with Microsoft. The acquisition reflects the increasing integration of AI in retail trading operations, with firms focusing on practical adoption rather than just marketing hype.

Acuity Knowledge Partners has announced its acquisition of Ascent, a company that provides AI-driven digital transformation services to over 170 clients across Europe. This acquisition aims to enhance Acuity's Data and Technology Services division by integrating Ascent's AI analytics and trading guidance capabilities, which will support retail brokers like RoboForex. The move is expected to strengthen Acuity's offerings in digital transformation and AI adoption, expanding its global delivery network and maintaining existing alliances, such as with Microsoft. The acquisition reflects the increasing integration of AI in retail trading operations, with firms focusing on practical adoption rather than just marketing hype.

Candor Technology Inc., a mortgage AI firm, has laid off employees due to challenging conditions in the mortgage industry. CEO Tom Showalter stated that the company is optimizing personnel levels and adapting its strategy to better align with client operations. Candor, which automates mortgage underwriting processes, aims to continue enhancing its technology and product offerings. The company serves around 40 lenders and had previously raised $12.5 million in funding to develop its services.

Candor Technology Inc., a mortgage AI firm, has laid off employees due to challenging conditions in the mortgage industry. CEO Tom Showalter stated that the company is optimizing personnel levels and adapting its strategy to better align with client operations. Candor, which automates mortgage underwriting processes, aims to continue enhancing its technology and product offerings. The company serves around 40 lenders and had previously raised $12.5 million in funding to develop its services.