One Third of Money Management Tools Face Closure by the End of the Year if They Do Not Embrace Open Banking
- 4 years 1 month ago
- Open Banking, Management
An international study of over 1,000 senior professionals in the banking, lending, PFM, investment, and retail sectors by leading open banking provider Yolt Technology Services has revealed that over a third (35%) of Personal Finance Management (PFM) platforms aren’t using open banking technology. These businesses will face an urgent transition when screen scraping is phased out in Europe at the end of 2020 if they are to avoid major service... more
Virgin Money Launches Free Digital Package to Help SMEs Streamline Finances
- 4 years 1 month ago
- Management
Virgin Money has launched a free, full money management package to support small business customers with their day-to-day financial operations and ensure they have a complete view of their past, current and future financial position. In partnership with market-leading fintech company, Strands, Virgin Money will be the first UK bank and Mastercard issuer to offer Money Management, aimed at empowering small business owners with under £1m annual... more
Avaloq Signs Its First Taiwan-Based Client
- 4 years 1 month ago
- Wealth Management, Banking
The agreement will see the Taiwanese bank implement Avaloq’s market-leading wealth management software across its private banking division in Taiwan, Hong Kong and Singapore. Avaloq’s new client is one of Taiwan’s largest commercial banks with more than 150 branches throughout the country. Besides its home market, the bank also offers private banking services in Hong Kong and Singapore.
FinecoBank’s UK Growth Continues with Access to JP Morgan Asset Management Funds
- 4 years 1 month ago
- Investment Management
FinecoBank today announces the expansion of its investment offerings with a suite of funds from J.P. Morgan Asset Management.
Objectway at #77 in the 2020 IDC Fintech Rankings
- 4 years 1 month ago
- Asset Management, Wealth Management
Objectway, a leader in the Digital Wealth & Asset Management software, announced they have ranked #77 on the 2020 IDC FinTech Rankings. This is the sixth consecutive year Objectway have appeared on this prestigious list. The Fortune 500-style annual ranking categorises and evaluates the top global providers of financial technology based on 2019 calendar year revenues from financial institutions.
additiv scales up with new European Headquarters in Frankfurt to support regional growth
- 4 years 1 month ago
- Wealth Management
additiv, a leading SaaS provider to the wealth management industry, today announced that it has expanded its range of operational locations to include a new Euro-pean head office in Frankfurt, Germany. With offices already established in Singapore, Dubai, Nairobi, Bucharest and headquarters in Zurich, Switzerland, the office will be primarily focused on European customers supporting additiv’s growing customer base within the region.
Avaloq Launches Engage App, Allowing Wealth Managers to Interact Seamlessly With Clients via Social Messaging Services
- 4 years 1 month ago
- Wealth Management
Avaloq, a leader in digital banking solutions, has launched the Engage app, a solution that allows wealth managers and advisers to engage with clients through social messaging channels such as WhatsApp and WeChat in a secure and compliant manner.
Tegra118 Expands Front Office Digital Solutions Powered by Finantix
- 4 years 1 month ago
- Wealth Management
Tegra118, a top provider of wealth and asset management technology and Motive Partners company, today announced its expansion of new front office capabilities to strengthen its robust wealth tech platform for advisors and asset managers. Significant new offerings include a modern, visual-rich, omni-channel front office digital solution for wealth advisors and artificial intelligence powered portfolio construction tools for asset managers.
Fintech Vauban to Create Funds and SPVs Worth £1bn by Q2 2021
- 4 years 1 month ago
- Investment Management
Fintech start-up, Vauban, announces impressive growth plans to revolutionise alternative investment. Founded in 2018, Vauban brings game-changing technology to a sector where the fax machine is still used for fund allocations. Vauban has secured significant investment, made significant hires and aims to administer over £1bn of capital on its platform by Q2 2021.
New Finantix Report Confirms Importance of a Highly Personalised Approach to Investment and Wealth Planning Strategy
- 4 years 1 month ago
- Wealth Management
Finantix, the leading global provider of trusted technology to the wealth management, insurance, and banking industries, and in collaboration with WealthBriefing, published “Together, we can make it!
Adoption of Tech in Private Markets Lags Behind Industry Trends
- 4 years 1 month 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
- 4 years 1 month 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
- 4 years 1 month 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
- 4 years 2 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
- 4 years 2 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.
