Standard Chartered Launches Digital Asset Custody Service in the UAE
- 8 months 1 week ago
- Asset Management
Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a leading global financial hub, following the memorandum of understanding (MoU) signed in May 20231.
BNY to Acquire Archer, a Leading Provider of Managed Account Solutions to the Asset and Wealth Management Industry
- 8 months 2 weeks ago
- Asset Management
The Bank of New York Mellon Corporation ("BNY"), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.
Avaloq Rolls Out Digital Asset Platform at Zürcher Kantonalbank
- 8 months 2 weeks ago
- Asset Management
Avaloq has successfully integrated its secure and scalable digital asset platform at one of Switzerland’s leading banks, Zürcher Kantonalbank (ZKB), in partnership with Fireblocks. The bank’s new offering addresses growing market demand for trading and custody of digital assets. Avaloq deployed its digital asset platform for Zürcher Kantonalbank on the cloud and manages it in a software as a service (SaaS) model.
J.P. Morgan Asset Management Expands Morgan Money Platform with New Treasury and Cash Management Capabilities
- 8 months 2 weeks ago
- Treasury
J.P. Morgan Asset Management today announced an enhancement to its Morgan Money platform, a short-term investment management solution with over $300 billion in assets under management (AUM), through a collaboration with Kyriba, a global leader in liquidity performance. This integration aims to streamline liquidity management processes, enhance the management of critical trading and accounting workflows, and provide real-time visibility into cash... more
Paylocity to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
- 8 months 2 weeks ago
- Management
Paylocity, a leader in cloud-based HR and payroll software solutions, today announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities.
Aspire Commerce Group Limited Launches Muloot Money
- 8 months 3 weeks ago
- Management
New financial services brand, Muloot Money, co-created by UK banking expert, Adam Rigler, is a simple and powerful solution developed to streamline day-to-day money management and revolutionise international transactions for UK-based businesses and individuals.
Income Group Partners with Griffin to Drive Financial Inclusion with Embedded Savings Accounts
- 8 months 3 weeks ago
- Management
Income Group, an innovative fintech dedicated to improving engagement between employees and employers, has partnered with Griffin, the UK’s leading bank for fintechs. This partnership enables Income Group to broaden its service offering by embedding Griffin’s savings account into the IGsend platform.
Brits Could Be Almost £24.5 Billion Per Year Better Off by Using Digital Financial Management Tools
- 9 months 6 days ago
- Management
Consumers across the UK who are using digital financial management tools report being on average £37.08 better off per month, or £4451 better off per year, compared to pre-adoption. Today, as many as 7.6 million3 Brits are already using digital financial management tools, meaning this group is gaining up to a total of £3.384 billion collectively each year.
PayPal and UKG Launch Payroll Integration to Enable Easy Access to Payroll Funds
- 9 months 1 week ago
- Management
PayPal is committed to advancing products and experiences that help customers manage their financial lives. PayPal has teamed up with UKG, a leading provider of HR, payroll, workforce management, and culture solutions, to give U.S. employees whose pay is processed through UKG Pro the ability to easily set up PayPal Direct Deposit through their employer’s payroll portal.
Nomentia Among the First Treasury Management Solution Vendors to Provide Business Connect From SWIFT
- 9 months 1 week ago
- Treasury
Nomentia, a European leader in treasury and cash management solutions, is becoming one of the first vendors to provide Swift's Business Connect service to its current and future clients. This service empowers Nomentia clients with seamless Swift connectivity, supported by Nomentia's dedicated and comprehensive onboarding process.
Rathbones Live with Iress’ Xplan
- 9 months 2 weeks ago
- Wealth Management
Iress today announces that Rathbones Group PLC (Rathbones) is now live on its Xplan advice software to support Rathbones' current financial planning business. Xplan will also be the financial planning platform of choice for Rathbones' upcoming integration with Investec Wealth & Investment, further enhancing the firm’s digital capabilities and enabling improved operational efficiency and client service.
BNP Paribas Enters into Exclusive Negotiations with AXA for the Acquisition of AXA Investment Managers and a long term partnership in Asset Management
- 9 months 3 weeks ago
- Asset Management
The BNP Paribas Group announces today that it has entered into exclusive negotiations with AXA to acquire 100% of AXA Investment Managers, representing close to €850bn assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets.
Webull UK Launches Webull Savings
- 10 months 1 week ago
- Management
Webull UK, a leading digital investment platform, today announced the launch of Webull Savings, an offering that provides users with access to a marketplace of savings accounts and the ability to move funds quickly between trading accounts and banks.
Wealth Managers Grapple with Long Client Onboarding Times – Avaloq Research
- 10 months 1 week ago
- Wealth Management
Wealth management clients worldwide experience significant waiting times in the onboarding process according to research from Avaloq, a global leader in digital banking solutions and wealth management technology.
Linedata Unveils Global Study Results on AI Integration in Asset Management Firms
- 10 months 2 weeks ago
- Asset Management
Linedata, a global provider of asset management and credit technology, data, and services, today announces the results of its report, "What’s Next: A closer look at Artificial Intelligence in Asset Management," conducted in collaboration with Global Fund Media, a leader in market trend analysis for hedge fund and private equity professionals.
