Tag: Cambridge

Cambridge Analytica’s former boss gets 7-year ban on being a business director

The former CEO of Cambridge Analytica, the disgraced data company that worked for the 2016 Trump campaign and shut down in 2018 over a voter manipulation scandal involving masses of Facebook data — has been banned from running limited companies for seven years.

Alexander Nix signed a disqualification undertaking earlier this month which the UK government said yesterday it had accepted. The ban commences on October 5.

“Within the undertaking, Alexander Nix did not dispute that he caused or permitted SCL Elections Ltd or associated companies to market themselves as offering potentially unethical services to prospective clients; demonstrating a lack of commercial probity,” the UK insolvency service wrote in a press release.

Nix was suspended as CEO of Cambridge Analytica at the peak of the Facebook data scandal after footage emerged of him, filmed by undercover reporters, boasting of spreading disinformation and entrapping politicians to meet clients’ needs.

Cambridge Analytica

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Cambridge Hires API Consultants From INVENT To Redesign Tech

Cambridge Investment Group is announcing that it will be using both the technology and specialty developer consulting services of INVENT, marking the latter’s first major partnership of this type with an independent broker-dealer. The firm is using INVENT’s technology to integrate its own ecosystem, which supports 3,500 financial professionals, while turning to the firm’s consulting services, called Elite, “to reimagine and redesign Cambridge’s financial professional experience,” according to an announcement.

While announced on Wednesday, a pre-existing partnership has been in place “for a while,” said Oleg Tishkevich, CEO at INVENT. “Cambridge leveraged INVENT integration capabilities and Cloud-Native tech through APIs to automate many processes that have to do with client management and integration with eMoney, which they use as a Client Portal,” he explained.

The long-term client relationships between Cambridge and Finance Logix certainly played a role there,” he continued. Finance Logix was a financial planning firm led by

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Cambridge and INVENT.us Reimagining and Redesigning Digital Business Environment for Independent Financial Professionals

FAIRFIELD, Iowa & SEATTLE–(BUSINESS WIRE)–Cambridge, among the leading financial solutions firms, and INVENT.us, an innovative cloud technology and consulting firm, announced today that Cambridge has selected INVENT.us and its consulting arm, INVENT Elite, to reimagine and redesign Cambridge’s financial professional experience through its comprehensive CLIC digital business environment.

“CLIC Reimagined will provide Cambridge’s 3,500 independent financial professionals with a flexible, customizable and powerful FinTech business environment built on the latest cloud-native technologies to support the many different business segmentations we serve,” said Colleen Bell Chief Fiduciary Officer, at Cambridge.

Cambridge and Invent are aligned to deliver a strategy designed around flexibility with tools, resources, and user experience through a cloud native platform. “We are excited and honored to facilitate Cambridge’s broad-based initiatives on its continued path of digital transformation by looking at how back-office technology transcends to the front office to enhance client relationships, drive productivity and enhance

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