Avaloq named a Leader in Everest Group’s 2020 Wealth Management PEAK Matrix® Assessment
- 5 years 3 weeks ago
- Wealth Management
Avaloq has been named a Leader in the Wealth Management Operations Services PEAK Matrix® Assessment 2020 by Everest Group. The assessment, an objective, industry-recognized evaluation of technology companies in the wealth management space, is used by financial services institutions to make critical decisions about global services providers.
Diginex partners with Itiviti to provide NYFIX connectivity for digital asset investors
- 5 years 3 weeks ago
- Investment, Asset Management
Diginex, a digital asset financial services and advisory company today announced a partnership with Itiviti, a leading technology and service provider to financial institutions worldwide. This partnership has been fueled by demand from institutional investors, who wish to include digital assets in their portfolios, while utilizing resilient and scalable connectivity based on FIX; the widely recognized industry messaging standard.
Applied blockchain raises £2m to enable companies to do more together while sharing less data
- 5 years 3 weeks ago
- Fund Management
Leading distributed solutions specialist Applied Blockchain has completed a £2 million funding round lead by Hong Kong based venture capital firm QBN Capital. The newly-injected funds will be invested in developing a platform using privacy enhancing technologies to help companies to collaborate and generate meaningful outcomes together, without having to share any of their data.
additiv enables wealth managers to get ahead of the coronavirus crisis
- 5 years 1 month ago
- Wealth Management
additiv, a leading SaaS provider to the wealth management industry, today launches an industry first: a rapid, risk-free route to digital wealth management. The KickStarter TM solution comes at a time when the industry needs it most. Digitization has been gradually impacting the wealth management industry, but as a result of the current pandemic, the speed of change has suddenly accelerated. Customers are demanding the best possible digital... more
Wolters Kluwer Delivers Risk Mitigation Technology Solution to Navigate CARES Act Loan Complexities
- 5 years 1 month ago
- Security and Compliance, Risk Management
Wolters Kluwer Lien Solutions has responded to urgent client needs and established a technology solution specifically designed to help U.S. lenders navigate the influx of business loan applications, and associated compliance and risk mitigation requirements, resulting from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
- 5 years 1 month ago
- Covid-19, Investment Management, Risk Management
State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.
Acumennet ready to support LIBOR discontinuation with new modules
- 5 years 1 month ago
- Wealth Management, Compliance
Profile Software, an international financial solutions provider announced today, that Login’s Acumennet Treasury Management platform already accommodates the orderly transition away from LIBOR that is about to affect Treasury departments by 2021. Through continuous investments in designing innovative solutions, Profile and Login have been proactive to accommodate the upcoming change by enriching Acumennet with the functionality necessary for... more
Financial Services Firms Spend $180.9 Billion on Financial Crime Compliance, According to LexisNexis Risk Solutions Global Study
- 5 years 1 month ago
- Security and Compliance, Risk Management
Today, LexisNexis® Risk Solutions released its True Cost of Financial Crime Compliance Global Report, which provides global industry-driven insights for financial services firms across the Asia Pacific (APAC) region, Europe, the Middle East and Africa (EMEA), Latin America (LATAM) (including Mexico) and the U.S. and Canada. The report reveals that the projected total cost of financial crime compliance in these markets amounts to $180.9 billion.
Global banking technology leader Avaloq to reach net zero emissions by Q3 2020
- 5 years 1 month ago
- Wealth Management, Banking
Avaloq, a global leader in digital banking solutions and wealth management technology, is on track to reach net zero emissions by the third quarter of this year, one of a number of significant targets the firm is announcing as part of its first CSR programme. Avaloq is also on track to be using 100% renewable energy for its global operations by Q3 as it looks to lead the financial technology sector in its approach to climate change and meeting... more
Axyon AI expands advisory board
- 5 years 1 month ago
- Artificial Intelligence, Asset Management
Axyon AI, the leading AI provider for asset management firms, has added three experienced names to its panel of senior advisors. Manu Choudhary, Luigi Conti, and Marisol Menendez have joined the Axyon AI advisory board, as the company seeks to accelerate its growth in the asset management sector.
BTON Financial partners with genesis to automate trading for asset managers
- 5 years 1 month ago
- Trading Systems, Asset Management
BTON Financial, the independent outsourced dealing desk for asset managers and genesis, the Low Code Application Platform for Capital Markets, are pleased to announce their partnership to automate trading workflows, which in turn drives greater trading performance. The partnership helps drive front office transformation, bringing together genesis’ ability for agile software development and BTON Financial’s independent technology and data driven... more
7Q Financial Services went live with Axia Wealth & Fund Management
- 5 years 1 month ago
- Wealth Management
Profile Software, a leading financial solutions provider, announced today that 7Q Financial Services, a Nicosia-based Investment Firm, specialising in asset management, went live with Axia Wealth & Fund Management solution, to comprehensively address its fund management requirements and support its investment activities in the most automated manner.
Wolters Kluwer and Vizor Software Announce Regulatory Reporting Partnership for Singapore Market
- 5 years 1 month ago
- Security and Compliance, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business and Vizor Software, today announced a partnership for the Singapore market that will increase the quality of regulatory reporting while reducing the time and effort required in regulatory compliance.
Eventus Systems rapidly expands market coverage, now actively surveilling 100+ venues globally
- 5 years 1 month ago
- Risk Management
Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced that its Validus platform is now actively surveilling activity for clients on more than 100 exchanges and trading venues around the world. The global coverage spans a diverse range of asset classes, with 10 new markets – eight of them European – added in the first quarter alone.
WealthTech startup InvestSuite raises €2 million
- 5 years 1 month ago
- Investment, Wealth Management
InvestSuite announces that it has raised a seed extension round led by PMV with participation from existing and new business angels, management and employees. This €2 million is bringing its total funding since its start in June 2018 to €6 million. Bart Vanhaeren, CEO and co-founder of InvestSuite states that, “This funding enables InvestSuite to expand its market reach and products, grow the team and bring unparalleled innovations to... more
