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No-Drama Modern Parenting: GROWNSY Shares 10 Must-Have Upgrades for Modern Moms This Mother’s Day

Because modern moms don’t need clichés, they need real solutions.

NEW YORK, May 1, 2025 /PRNewswire/ — Today’s parents are more informed, more intentional and frankly, more exhausted than ever before. And while the world keeps telling them to “enjoy every moment,” GROWNSY is here to offer something far more useful: practical tools that actually help.

In honor of Mother’s Day, introducing GROWNSY’s 10 Must-Haves for Modern Moms, a curated list of essentials designed to simplify daily routines, reduce stress, and give families back their time. Built for real life, these products skip the drama and focus on what works.

Game-Changers To Add To Your Daily Routine Include:

  • GROWNSY Nasal Aspirator – Say goodbye to baby meltdowns during sniffle season. Designed to reduce crying, this device ensures quick, safe relief from congestion and features anti-backflow tech to prevent cross-contamination.
  • GROWNSY Bottle Washer – Ditch the daily dish pile and reclaim your time. Our efficient, multi-functional washer cuts your chore list in half and eliminates the tedious hand-scrubbing of bottles, pacifiers, and pump parts.
  • GROWNSY Baby Swaddles – The GROWNSY Swaddle Blanket grows with your baby (0–6 months) with three adjustable fits for cozy, secure sleep. Its snug wing design calms the startle reflex, while roomy hips support healthy development. Made from 100% breathable cotton and featuring easy diaper access, it’s comfort and convenience in one.
  • GROWNSY Bottle Warmer – This multifunctional warmer offers fast warming, thawing, steaming and food heating capabilities. The warmer quickly heats milk in just 3 minutes, perfect for late-night feedings and busy parents, with features like auto shut-off, defrosting, and adjustable temperature.
  • GROWNSY Bottle Sterilizer – Keep baby essentials clean and ready in a flash. GROWNSY’s compact bottle sterilizer uses powerful steam and built-in drying to eliminate 99.99% of germs and prevent mold – no bulky equipment, no long waits.
  • GROWNSY Baby Food Maker – From steaming to blending, sterilizing and self-cleaning, this multitasking essential simplifies every step of food prep. With smart LCD controls and two mixing modes, you can create smooth purees or chunkier textures to match any stage of feeding, perfect for prepping fresh, healthy meals for your little ones.
  • GROWNSY Baby Gate – This gate blends smart safety with everyday ease. Designed with an anti-stumble pedal and V-shaped screws for a sturdy, stair-friendly fit, this gate keeps little explorers and pets safe while reducing trip hazards for adults. With adjustable sizing for 29.5–49.4″ openings, it’s a sleek, reliable addition to any home.
  • GROWNSY Baby Carriers – Ditch the complicated wraps that limit your and your child’s freedom. Pick baby up when they want to be up in your arms and let baby down when they want to crawl, toddle, or walk around.
  • GROWNSY Baby Car Camera – Upgrade your ride with this modern alternative to bulky rearview mirrors. Designed for families with one or two little ones, this dual-channel camera system features a 7-inch ultra-wide HD screen, automatic night vision, and a cartoon camera that keeps babies entertained.
  • GROWNSY Postpartum Kit –Support recovery from the inside out with this all-in-one postpartum essentials kit. Thoughtfully designed for comfort and convenience, it includes everything a new mom needs from a 500ml angled bottle for easy cleansing to soothing herbal sprays, cooling liners, and flexible hot/cold packs. With soft, stretchy disposable underwear and a handy canvas tote, it’s a complete care package for those early days.

GROWNSY products are thoughtfully designed with today’s families in mind who are tired of being overlooked or sold idealized versions of parenting. From late-night feedings to on-the-go diaper changes, GROWNSY creates smart, reliable solutions that take tasks off your plate so you can focus on what really matters. Because parenting may not always be picture-perfect, but with the right tools, it can be a whole lot smoother.

Join a community of parents who believe in function over fantasy. Because parenting is hard enough without the drama. For more information on GROWNSY and their products, visit Amazon website.

About GROWNSY 

GROWNSY is the trusted brand for modern parents—those who are navigating the challenges of parenthood while staying true to their personal values of reliability, functionality, and health. Our products are designed to make parenting easier, with solutions that fit seamlessly into busy, multi-faceted lifestyles. 

NYSE Content Advisory: Pre-Market update + Charles Schwab unveils National Investing Day

NEW YORK, May 1, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 1st

  • The S&P 500 extended its win streak to seven straight sessions on Wednesday. The Index however finished April lower for its third consecutive monthly decline. Q1 GDP data released Wednesday showed the economy contracted by 0.3%.
  • Traders are responding this morning to earnings results late Wednesday from Microsoft and Meta. Microsoft exceeded earnings expectations, while Meta reported stronger than expected revenue on advertising stability.
  • Charles Schwab (NYSE: SCHW) begins a new initiative today, debuting National Investing Day. Schwab will use the day to provide accessible tools and resources for individuals at every stage of their financial journey.

Opening Bell
Core Molding Technologies (NYSEAmerican: CMT) celebrates kicking-off their Invest for Growth Strategy

Closing Bell
Charles Schwab (NYSE: SCHW) launches the inaugural National Investing Day, focusing on empowerment and education to get more people involved in shaping their financial futures.

Watch NYSE TV Live every weekday 9:00-10:00am ET

 

 

DXC Ranked as Leader in ISG Provider Lens™ Quadrant Report 2025 for Mainframes – Services and Solutions

ASHBURN, Va., May 1, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced ISG, a leading global technology research and advisory firm, recognized DXC as a leader in its annual Provider Lens™ study for Mainframes – Services and Solutions. DXC was recognized as a leader in all categories within Europe and the United States, specifically:

  • Mainframe Optimization Services – DXC provides deep mainframe expertise and support across the entire mainframe stack, from facilities to sophisticated application performance management.
  • Mainframe as a Service – DXC helps boost agility and efficiency by migrating legacy systems to its data centers—eliminating upfront hardware investments and reducing maintenance costs.

“DXC Technology blends decades of expertise with AI-driven solutions to enable flexible partial migrations and scalable mainframe optimization worldwide. With a vendor agnostic approach and global delivery capabilities, DXC Technology provides scalable MFaaS solutions that integrate hybrid cloud systems, optimize costs and support seamless modernization.” Oliver Nickels, ISG principal analyst and executive advisor.

ISG’s Provider Lens™ study evaluates service providers and software vendors that support the modernization of mainframe systems, software environments, and business applications. In its report, ISG highlighted DXC’s strengths in driving business outcomes, integrating GenAI capabilities to accelerate optimization and modernization, leveraging DXC’s robust partner ecosystem and deep industry and mainframe expertise and full-scope modernization. 

“DXC’s recognition by ISG highlights our leadership in transforming and modernizing mainframe systems into agile, future-ready systems that help clients tap into AI-powered innovation,” said Chris Drumgoole, President, Global Infrastructure Services at DXC. “It reflects the strength of our 1,800+ mainframe experts across more than 70 countries and our commitment to investing in our Mainframe Center of Excellence, training new talent, and expanding strategic partnerships. We are proud to help enterprises modernize and protect their mission-critical infrastructure and grateful to ISG for their continued partnership and recognition.” 

DXC Managed Mainframe Services help clients optimize mainframe infrastructure to maximize uptime, security, and performance. Managing over 1.1 million managed mainframe MIPs, executing 10 million automation and AI transactions daily, and completing 47,000 workload migrations to the cloud annually, DXC is a trusted partner delivering industry-leading infrastructure and cloud services.

The full 2025 Mainframes – Services and Solutions ISG Provider Lens Study can be viewed here. For more information on DXC’s mainframe offerings, please visit DXC.com

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

About ISG

ISG (Information Services Group) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. For more information, please visit: www.isg-one.com.

Angelena Abate, Senior Director, Marketing & Communications, +1.646.234.8060, angelena.abate@dxc.com; Roger Sachs, CFA, Investor Relations, +1-201 259-0801, roger.sachs@dxc.com

Four Interconnected Megatrends Are Driving Global Uncertainty For Business and Society: Aon Report

DUBLIN, May 1, 2025 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, today released its Client Trends 2025 report, which features new insights about the interconnectedness of four megatrends – Trade, Technology, Weather and Workforce – driving complexity, volatility and uncertainty for business and society.

“The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed,” said Greg Case, president and CEO of Aon. “The interconnectedness of these trends means that leaders need access to integrated data and analytics, capabilities and expertise to effectively respond to increasingly linked risk and people issues.”

Aon’s Client Trends 2025 report draws on the firm’s Risk Capital and Human Capital expertise to offer a fresh perspective on how these trends intersect and impact decision making. The analysis looks at specific connection points between the trends, including with: 

  • Trade and Technology: The intersection of Technology and Trade are fuelling innovation that will deliver much-needed efficiencies in global supply chains. However, with new technology comes significant risks that must be properly managed. Artificial intelligence (AI) plays a vital role in helping move global trade through increasingly complex regulatory challenges, trade laws, privacy regulations and threats from cyber attacks and potential global trade wars.
  • Technology and Workforce: The integration of AI within human resources functions is reshaping job roles and skill requirements across industries. Organizations are increasingly utilizing AI to optimize processes like talent acquisition and employee engagement. This shift not only enhances efficiency but focuses on upskilling employees to work alongside AI. As companies work to capitalize upon this transformation, are evolving their workforce with the necessary technical and maintaining critical human oversight to drive innovation and effective decision-making.
  • Weather and Workforce: Extreme weather events are becoming more frequent and costly. According to Aon’s 2025 Climate and Catastrophe Insight report, global economic losses in 2024 amounted to $368 billion. At the same time, employers are more concerned than ever about employee wellbeing, retention and productivity. Employees who work outside face health risks from heatwaves, air quality implications from wildfires and more. Not only can weather events affect employee’s physical health, their emotional and financial wellbeing may also be at risk.
  • Weather and Trade: The effects of climate volatility on global trade is another growing risk. This was starkly illustrated by the severe flooding in Spain and its impact on the automotive industry in 2024. Flooding disrupted production and logistics, highlighting the interconnectedness of supply chains and the financial risks posed by extreme weather events. In response, clients are integrating climate risk assessments into their strategic planning and developing diversified supply chains. By understanding and anticipating the impacts of weather-related disruptions, organizations are enhancing their resilience and protecting their trade operations in an increasingly unpredictable environment.

Read Aon’s Client Trends 2025 report here.

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedInXFacebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

Media Contact
mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024

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Webull to Offer BlackRock Model Portfolios, Expands Advisory Services

Webull enhances its advisory platform by integrating BlackRock’s model portfolio capabilities, expanding investment options to better serve a broad range of investment needs.

ST. PETERSBURG, Fla., May 1, 2025 /PRNewswire/ — Webull  (NASDAQ: BULL), an online investment platform, today announced the expansion of its advisory services through the launch of BlackRock model portfolios. This new offering delivers enhanced investment options, giving US-based investors access to professionally managed, diversified portfolios tailored to a broad range of financial goals and risk profiles through Webull Advisors.

Webull users now have access, through Webull Advisors, to a range of diversified portfolios spanning multiple asset classes, including alternatives and digital assets, tailored to meet varying risk appetites and financial objectives.  

This new offering is available directly through the Webull app under the advisory section, giving users a seamless and intuitive way to access personalized investment portfolios. Designed with the needs of today’s investors in mind, the solution caters to individuals who are comfortable with technology, value low-cost investing, and seek convenient, automated portfolio management.  

Users begin by selecting an investment strategy aligned with their preferences. After completing a brief risk tolerance questionnaire, they are matched with a risk profile corresponding to a professionally managed model portfolio tailored to their financial objectives. These discretionary accounts are automatically rebalanced and actively overseen by Webull Advisors, an SEC-registered advisor, offering a simplified yet sophisticated approach to long-term investing.  

“This collaboration marks an exciting step forward in our mission to deliver smarter, more personalized investment experiences for our clients,” said Sara Schwartz, CEO of Webull Advisors. “By integrating BlackRock’s model portfolio capabilities into our advisory platform, we’re expanding access to high-quality, professionally managed model portfolios that align with a diverse range of financial goals and risk appetites.”

“BlackRock’s expertise in asset allocation, portfolio design capabilities and market insights enhances Webull’s ability to offer sophisticated, next-generation investment solutions,” said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. “Together, we’re meeting the rising demand for dynamic, risk-aligned portfolios, delivered seamlessly through modern digital experience. This collaboration exemplifies Webull’s forward-thinking commitment to innovation and to helping our clients build lasting financial well-being.”  

The collaboration delivers a transformative wealth management experience through a range of professionally managed model portfolios tailored to diverse investment objectives, supported by robust analytics and real-time data. Webull users gain access to enhanced short- and long-term investment opportunities – offering a more seamless, automated, and intelligent approach to managing their money. 

“As more and more Americans begin to invest, the launch of BlackRock custom model portfolios on Webull’s platform enables individuals more choice to ultimately deliver against a range of investing goals in a simplified and streamlined manner,” said Amy Jenkins, Head of U.S. Direct Investing at BlackRock. “This new offering also delivers on BlackRock’s mission, to help more people build wealth that serve them throughout their lives by making investing easier and more accessible.”   

About Webull US

Webull is a leading online investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull’s online brokerage, self-directed investors can access low-cost trading across a wide range of assets, including securities, options, and futures, along with wealth management services. Webull Financial LLC (“Webull Financial”) is registered as a broker-dealer with the Securities and Exchange Commission (SEC) and a futures commission merchant registered with the Commodity Futures Trading Commission (CFTC). Webull Financial is a member of the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC). Advisory accounts and services are provided by Webull Advisors LLC, an investment advisor registered with the SEC. Registration does not imply a level of skill or training.  All investing is subject to risk, including the possible loss of principal. Options involve unique risks not suitable for all investors. Please visit www.webull.com/disclosures to read the ODD. For more information about Webull, visit www.webull.com. 

About Webull Corporation  

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 23 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock 

Media Contacts:

Webull
Nicholas Koulermos 
Webull@5wpr.com

BlackRock
Reem Jazar
Reem.jazar@blackrock.com  

TUMI CELEBRATES THE NEW 19 DEGREE LITE COLLECTION WITH CAMPAIGN STARRING GLOBAL BRAND AMBASSADOR, LANDO NORRIS

The brand unveils part two of a multichapter campaign to highlight TUMI’s lightest hardside collection to date

NEW YORK, May 1, 2025 /PRNewswire/ — Today, international travel and lifestyle brand TUMI debuts 19 Degree Lite with chapter two of the “Uncompromisingly Light” campaign starring Lando Norris, longstanding TUMI Global Brand Ambassador and world-renowned McLaren Formula 1 Team Driver. 

In this dynamic campaign featuring the all-new collection, TUMI expands upon the feeling of lightness 19 Degree Lite inspires. The brand’s meticulous attention to detail—from lighter dual wheels to featherweight zippers—allows Lando to move with ease.

“Working and traveling with TUMI is always incredible, and this campaign made my first trip to Lake Como unforgettable,” said Lando Norris. “Exploring the beautiful landscape was effortless with 19 Degree Lite by my side—it’s an experience I won’t soon forget.”

Directed by Keane Pearce Shaw and photographed by Emma Panchot, the campaign was filmed in Lake Como and brought to life through Lando’s personal experience and perspective. As Lando explores the iconic Villa Erba and maneuvers down cobblestone streets, the film captures the effortless movement of 19 Degree Lite, echoing the freedom and agility of being behind the wheel.

“19 Degree Lite represents our continued dedication to creating products that effortlessly accompany our customers on their journeys,” said Creative Director Victor Sanz. “As a champion driver with an unmatched passion for precision and design, Lando was the perfect fit for the second chapter of our campaign. Watching him interact with our products is captivating—the way he moves with such ease and agility is a testament to the natural flow, dynamic ease and control he consistently displays both on and off the track.” 

The collection includes two packing cases: the Extended Trip 4 Wheeled Packing Case and the Short Trip 4 Wheeled Packing Case, and two carry-ons: the International 4 Wheeled Carry-On and the Continental 4 Wheeled Carry-On. Available in the following core colors: Blush, Titanium Grey and Black Graphite with additional seasonal colors Amber and Cobalt, the all-new collection ranges in price from $795-$995 USD.

Featured in the campaign alongside 19 Degree Lite is TUMI’s coveted TUMI | McLaren collaboration in a fresh new colorway, Super Grey, inspired by McLaren’s bestselling hue, Supernova Silver. Other silhouettes included come from TUMI’s iconic collections Harrison, Alpha Bravo and Turin.

The lightest addition to the world of 19 Degree—19 Degree Lite—is available at TUMI stores worldwide and on TUMI.com. Stay tuned for exclusive behind-the-scenes content from the campaign on @TUMITravel social channels.

About TUMI

Since 1975, TUMI has been creating world-class business, travel, and performance luxury essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. For more about TUMI, visit TUMI.com and follow on Instagram, TikTok, Facebook, and YouTube.

TUMI and TUMI logo are registered trademarks of Tumi, Inc. © 2025 Tumi, Inc.

TUMI Media Contacts
Jerad Hulse – jerad.hulse@tumi.com 

Lando Norris with 19 Degree Lite International 4 Wheeled Carry-On and Extended Trip 4 Wheeled Packing Case in Black Graphite
Lando Norris with 19 Degree Lite International 4 Wheeled Carry-On and Extended Trip 4 Wheeled Packing Case in Black Graphite

Rain and Visa Partner to Accelerate Onchain Credit Cards

Showcasing blockchain’s potential to enable everyday financial transactions 

NEW YORK, May 1, 2025 /PRNewswire/ — Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.

Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.

Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.

7 Day Stablecoin Settlement

Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.  

Tokenized Credit Card Receivables
Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.

Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners – borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.

“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility,” said Farooq Malik, CEO & Co-founder of Rain.   

“Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”

This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.

Visa Principal Membership

A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.

About Rain: Rain is a global card issuing platform powered by stablecoins. The company, which was founded in 2021 by Farooq Malik and Charles Naut, sponsors and operates card programs in multiple markets as a Visa principal member. Rain is backed by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more at https://www.rain.xyz/

CONTACT: Charles Yoo-Naut; charles@rain.xyz

STREAM SYSTEMS APPOINTS MARK WEBSTER CHIEF EXECUTIVE OFFICER

NEW YORK, May 1, 2025 /PRNewswire/ — Stream Systems LLC has appointed Mark Webster as its new Chief Executive Officer, effective April 28, 2025. Webster assumes CEO duties previously performed by Founder Michael Cammarata, who remains as Stream’s Executive Chairman of the Board and Head of Trading and Brokerage Services. The appointment is a key part of Stream’s future-looking goal of becoming a leading platform provider for fully-electronic trading of foreign exchange options and swaps.

“I am excited to help drive this innovative company to its next phase of development,” Webster said. “Michael Cammarata founded Stream with the vision of making what is still mostly a voice brokerage business fully electronic, and I believe Stream has the technology, the management, the business partners and the customer relationships needed to make that vision a reality. I am committed to seeing that happen.”

Webster comes to Stream after 17 years as Executive Managing Director and General Manager of BGC Financial, LP, operating in New York, London, and Hong Kong. Prior to that, Webster was CEO, Asia Pacific and Middle East, of ICAP plc.

“Stream has grown to the point that it has become impossible for me to do all the work of a CEO while also focusing on trading to generate the revenues we need to fund our growth,” Cammarata said. “Mark joining our firm, first as an investor and now as our CEO, was exactly what we needed to be able to make the jump to full electronic trading. We are all very excited for the future.”

Stream was founded in 2019 by Cammarata, a leading foreign exchange broker, anticipating that peer-to-peer electronic trading of foreign exchange options and swaps was the wave of the future. FXO is one of the last financial markets still dominated by voice brokerage, and even now less than half of trades are executed without an intermediary broker. Stream has developed and owns a fully electronic trading platform, which streams prices and will permit FXO traders at major banks and other institutions to execute trades without a voice broker. The next phase of Stream’s development is deploy the platform to its customers, who include 7 of the 9 leading liquidity providers in the FXO space.

Mark Webster began as a broker for Tullet and Tokyo Ltd. in 1981, first in London and then managing various trading desks in London and Sydney, Australia. From 1993 to 2004, Webster served as a Director, Managing Director, and regional CEO at ICAP in London and Sydney. From 2005 through 2021, he served as Executive Managing Director and General Manager for BGC Partners in Sydney, New York, London and Hong Kong. Webster has a diploma in economics and business from Buckingham New University, London, and is licensed by regulators in the US, UK and Asia.

Stream Systems is a cutting-edge fintech platform specializing in currency options trading solutions. The Stream platform empowers institutional and buy-side clients to navigate FX volatility through innovative products and seamless execution. Stream Systems is backed by top-tier investors and deploys its platform through its subsidiary, LPSFX LLC, a CFTC-licensed broker and member of the National Futures Association .

For further information, contact:

Courtney McCarthy, 646-530-1793; court@streamsystems.io