Wealth Managers Struggle to Meet Clients’ Technology Expectations – Avaloq Research
- 7 months 2 weeks ago
- Wealth Management
A quarter (25%) of investors globally would consider switching from wealth managers that fail to modernize and embrace new technology, according to Avaloq, a leader in digital banking solutions and wealth management technology. The new research, conducted among over 3000 investors and 300 wealth managers across Europe, Asia, and the Middle East, found that wealth management professionals are reluctant or unable to use investment advisory tools... more
Gulf Capital Investment Company “InvestGB” Partners with Avaloq to Digitally Elevate Wealth and Investment Management Business
- 7 months 2 weeks ago
- Management
Gulf Capital Investment Company “InvestGB,” the wholly-owned investment arm of Gulf Bank, is pleased to announce a strategic partnership with Avaloq, a global leader in private banking, wealth, and investment management technology services. This partnership marks a significant step in enhancing InvestGB’s wealth and investment management capabilities, delivering a streamlined and state-of-the-art client experience.
BlackRock Joins FinTech Scotland Supporting Fintech Innovation for a New Era in Finance
- 7 months 2 weeks ago
- Management
BlackRock, the leading global investment manager, announced it was joining FinTech Scotland, the cluster management organisation for the fintech sector in Scotland. The announcement comes as BlackRock continues to develop local knowledge and talent as it expands in Scotland.
Hummingbird Acquires LogicLoop, Opening the Door for Risk and Compliance Teams Seeking Seamless Data Integration and Automation
- 7 months 3 weeks ago
- Risk Management
Hummingbird, a leading provider of financial crime risk management solutions, today announced the acquisition of LogicLoop, a pioneer in no-code data integration and automation. The acquisition marks a significant step forward in Hummingbird’s mission to become the core operating platform for financial crime fighters, empowering financial institutions to unify, explore, and act on their risk and compliance data.
Sync Savings and PayCaptain Partner to Launch Interest-Bearing Payroll Savings
- 7 months 3 weeks ago
- Wealth Management
Sync Savings, a leading fintech innovator, and PayCaptain, the pioneering payroll provider, are excited to announce the launch of their interest-bearing payroll savings solution in partnership with Griffin. This unique collaboration is set to revolutionise the way employees save by integrating secure, high-yield savings directly into their pay cycle.
Powered by Triple-A, DCS Card Centre Customers Can Now Top Up DCS Virtual Accounts Using Digital Assets
- 7 months 3 weeks ago
- Asset Management
Triple-A, a licensed provider of digital currency payment solutions, today announced its partnership with DCS Card Centre ("DCS") that enables virtual account top-ups via digital assets for DCS cardmembers. Now available via the DCS Cards App, the feature provides an option for DCS cardmembers to top up their DCS virtual accounts, named D-Vault, using digital assets.
Broadridge Redefines Global Asset Servicing, Introduces Financial Industry’s First Modular Platform to Unify Multiple Functions
- 7 months 4 weeks ago
- Asset Management
To redefine the financial industry's conventional approach to asset servicing (the range of administrative and operational functions that support the management and maintenance of investment assets), global Fintech leader Broadridge Financial Solutions Inc. is introducing a ground-breaking integration of several asset servicing functions into a single, real-time, multi-currency platform across capital markets, wealth management, asset management... more
Standard Chartered Launches Digital Asset Custody Service in the UAE
- 8 months 2 days 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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 1 week 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
- 8 months 3 weeks 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.
