InvestCloud Recapitalizes at $1 Billion and Integrates Two New Businesses
- 5 years 1 month ago
- Wealth Management, SaaS
InvestCloud, an award winning global FinTech firm has completed a recapitalization that values the business at $1 billion. New financial investors are led by Motive Partners (“Motive”) with Clearlake Capital Group, L.P. (“Clearlake”) and include other InvestCloud client shareholders. Under the terms of the agreement, Motive Partners will also contribute two portfolio businesses, Finantix and Tegra118, into InvestCloud, creating a global Software... more
European Investments to Drive Developing Countries in 2021
- 5 years 1 month ago
- Investment Management
Analysts of the P2P investment platform Robo.cash have determined the major tendencies in the European alternative lending for this year. They include the increased flow of money from European investors to developing markets as well as the alliance of traditional and alternative lending institutions.
Temenos Extends Partnership with Schroders for Wealth Front Office
- 5 years 1 month ago
- Wealth Management
Temenos (SIX: TEMN), the banking software company, today announced that Schroders Wealth Management in Switzerland has selected Temenos Wealth Front Office to automate and enhance its advisory business.
1741 Extends Contract for NeoXam’s Fund Accounting Software GP4
- 5 years 1 month ago
- Investment Management
NeoXam, a leading financial software provider, and 1741 Fund Management have renewed their partnership for the next five years. The project to move to the latest software generation of NeoXam’s GP4 has already begun. 1741, a fund manager with roots to Switzerland’s oldest private bank, relies on the Standard Software GP4 which is well established for Fund Accounting and used by global investment firms, fund managers and asset servicers worldwide... more
additiv Enables Financial Institution IT Teams to Build Their Own End-to-end Wealth Solution
- 5 years 1 month ago
- Wealth Management, SaaS
additiv, a leading SaaS provider to the wealth management industry, today launches Wealth Solution Builder; a new approach enabling banks and other financial institutions (FIs) to create their own WealthTech end-to-end solution and client journeys on top of an established foundation.
Fenergo to Transform Investor Lifecycle Management for Top Five Global Investment Management Firm
- 5 years 2 months ago
- Investment Management, Compliance, Risk Management
Fenergo, the leading provider of digital transformation, customer journey and investor lifecycle management solutions, has been selected by a top five global investment management firm with $2 trillion AUM.
PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey Join Forces on New Asset Management Operating Platform
- 5 years 2 months ago
- Asset Management
PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company today announced the intention to form a new technology-led company, HUB, to build a cloud-based operating platform aimed at transforming asset managers’ operations technology. The company selected Microsoft as its technology platform provider to empower HUB to develop its asset management operating platform on Microsoft Azure cloud.
Aviva Investors More Confident on Outlook for 2021
- 5 years 3 months ago
- Asset Management, Investment Management
Aviva Investors, the global asset management arm of Aviva PLC (‘Aviva’), expects 2021 to be a year of economic recovery, with GDP reversing much of the unprecedented declines seen in 2020 as a result of the COVID-19 pandemic. The development of a number of effective vaccines changes the end-game of the crisis fundamentally, although there will be some difficult months ahead.
Fenergo Research Finds That Just One Third of Global Asset Managers Have Completed Their Digital Transformation Projects
- 5 years 3 months ago
- Asset Management
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced findings from its global asset management research, which uncovered that while most firms feel that it’s important to have a digital transformation strategy, just over one third have reported completion (37%).
Nordea Funds Added to Fineco Investing Platform
- 5 years 3 months ago
- Investment Management
FinecoBank today announced that a suite of funds from Nordea Asset Management – a global leader in sustainable and responsible investing – will now be available to users on its platform. The move gives Fineco’s growing customer base in the UK access to Nordea’s investment expertise – including a number of its popular ‘STARS’ equity strategies. These funds embody true ESG integration, with thorough proprietary research undertaken to identify... more
Marlowe Tackle Rapid Growth and Financial Automation Challenges by Choosing CCH Tagetik and HAYNE
- 5 years 3 months ago
- Management
Marlowe, the UK leader in specialist services, which assure safety and compliance, have taken strategic steps towards a digitally enhanced future by collaborating with HAYNE Solutions, a leading consultancy, to implement CCH Tagetik, a leading CPM solution, into their business.
Former J.P. Morgan Leadership Team Launches Wealth Management Platform Vestrata
- 5 years 3 months ago
- Wealth Management
Vestrata, a fintech company providing integrated investment solutions, has launched today. The business is led by one of the most experienced teams ever assembled by a start-up in this space and has completed a US$4 million investment round to bring its innovative proposition to the wealth management and private banking sector.
Glue42 Core Puts Chelmer at the Center of the Single Advisor Desktop
- 5 years 3 months ago
- Wealth Management
Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Chelmer, a pioneer wealth technology firm, today celebrated the culmination of a two-year relationship that saw the firms realize the industry’
KBC Securities Services Selects Objectway for Smart Digital Client Onboarding for Independent Wealth Managers
- 5 years 3 months ago
- Wealth Management
KBC Securities Services has chosen the leading Digital Wealth & Asset Management software provider Objectway to implement Digital Client Onboarding for independent, Benelux-based wealth managers who rely on KBC Securities Services to safeguard their clients’ investment portfolios.
