Adoption of Tech in Private Markets Lags Behind Industry Trends
- 5 years 6 months ago
- Wealth Management
Wealth managers must urgently increase their use of technology in offering private market investments or they risk being left behind by their competitors in less than five years.
TORA Wins Global Investor 'Best Outsourced Trading Solution' 2020
- 5 years 7 months ago
- Investment Management
TORA, the provider of industry leading trading technology, has today announced it has been awarded Best Outsourced Trading provider by Global Investor in their 2020 Investment Excellence Awards.
Rosecut Unveils New Wealth Management Tools
- 5 years 7 months ago
- Wealth Management
Rosecut, the digital financial planning partner and investment manager, today announces free new tools that give people financial insights and guidance previously accessible only by working with expensive professional wealth managers. Users can get a complete picture of their current financial situation and a projection of their future finances on the Rosecut platform.
Barclays and Propel to Provide SMEs With Speedy Access to Asset Finance
- 5 years 7 months ago
- Covid-19, Lending, Asset Management, Banking
Barclays Business Banking has announced that it will be the first High Street bank to partner with Propel, a specialist asset finance provider, to offer equipment and vehicle finance via an online platform to one million of their small and medium sized (SME) customers.
Europe Leading the Way in ESG Investing, According to Kurtosys Study
- 5 years 7 months ago
- Asset Management, Investment Management
European asset managers are leading the world in ESG product availability, thought leadership and brand positioning, according to new research by digital transformation specialists Kurtosys Systems.
SIX Launches Tax Efficiency Tool for Wealth and Asset Management
- 5 years 7 months ago
- Asset Management, Wealth Management, Data
SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.
Refinitiv Wealth Management brings Enhanced Scale to AssetMark’s Platform for Financial Advisors
- 5 years 7 months ago
- Wealth Management
Refinitiv today announces a new collaboration with AssetMark, a leading provider of Wealth Management and technology solutions, to bring added resource, scale and innovation to AssetMark through the Refinitiv BETA platform. The alliance further demonstrates Refinitiv’s commitment to the Wealth Management industry by supporting AssetMark’s ongoing mission to evolve its solutions and services to meet the ever-changing needs of financial advisors... more
AI-driven Asset Management Platform Exabel Closes $3.6M Funding Round
- 5 years 7 months ago
- Investment, Asset Management
Exabel, the simple-to-use AI, analytics and data platform for active asset managers, today announced it has closed its third seed round, bringing the total amount raised by the company to more than $12 million. Led by 17 existing and 11 new investors, alongside a loan and grant from Innovation Norway, the latest funding will help the company build out its commercial functions in Europe and North America, and continue to establish strategic... more
Wealth Managers Need to ‘democratize’ Their Services to Thrive in the Hyper-Personalized, Digital Banking Era, Warns Avaloq
- 5 years 7 months ago
- Wealth Management
Wealth managers and private banks need to ‘democratize’ their service and product offerings to a wider audience of affluent clients to compete and grow in the new hyper-digital world. If firms do not democratize their proposition, they risk losing market share and failing to capitalise on the profound, digital-led transformation of the sector. The finding comes from global tech leader Avaloq in a major new sector report, Democratization of... more
Refinitiv Wealth Management to Power Trading Central’s Market Buzz Platform With Reuters news and Refinitiv Digital Analytics
- 5 years 7 months ago
- Trading Systems, Wealth Management, Data
Refinitiv today announced a strategic agreement with Trading Central for the provision of Reuters digital news and Refinitiv analytics capabilities to disruptive news portal, TC Market Buzz. TC Market Buzz is a news curation application for Wealth Management firms helping to modernize and differentiate digital investor portals by tackling information overload and focusing on the delivery of a consolidated view of news trends beyond the noise.
Aqua to Use Big Data and AI to Create Tradable Assets and Analytics Based on Individuals
- 5 years 7 months ago
- Asset Management, Investment Management
Aqua Digital Rising, the new and innovative alternative-asset and analytics investment platform, has announced the start of its pre-funding round as it prepares for its launch in January 2021.
Wirecard Card Solutions and Railsbank Sign Asset Sale Agreement
- 5 years 7 months ago
- Asset Management
Wirecard Card Solutions Limited today announces the signing of an asset purchase agreement with PayrNet Limited, a subsidiary of banking-as-a-service platform Railsbank, to sell its card technology and associated assets in the UK and to effect the transfer of client relationships and certain employees. This follows the signing of a term sheet and a productive meeting with Wirecard Card Solutions’ programme managers last month. It is expected... more
Synechron and InvestSuite Partner to Enable Digital Wealth Management Solutions for Financial Services Organisations
- 5 years 7 months ago
- Wealth Management
Synechron Inc., a leading Digital Consulting firm for financial services, today announced a strategic partnership with InvestSuite, the Belgium-based fintech company. Both companies have an exclusive focus on financial services and are helping banks, brokers, wealth managers and other financial institutions serve their clients better with modern digital investment solutions.
Apex Partners with Calypso to Provide Middle and Back-office Services to Ardent Financial
- 5 years 8 months ago
- Management, Infrastructure
Apex Group Ltd. (“Apex”), a global financial services provider, announces today that it has been appointed to provide front to back office solutions to FCA regulated global securities dealer Ardent Financial Limited (“Ardent”) using Calypso Technology Inc. (“Calypso”) management and reporting platform. These services will complement Apex’s existing provision of custody services to Ardent.
Moneyfarm Reports Steady Growth Despite Volatile Investment Market
- 5 years 8 months ago
- Wealth Management
Moneyfarm, Europe’s leading digital wealth manager, today reports steady year-on-year growth in revenues, up from £1.61 million in 2018 to £2.72 million in 2019, while pre-tax losses have fallen. Bolstered by the financial backing from Allianz Asset Management and Poste Italiane in its latest series C funding round last year, Moneyfarm has invested heavily in its advice offering and has continued to expand its customer base through innovative... more
