Refinitiv Wealth Management brings Enhanced Scale to AssetMark’s Platform for Financial Advisors
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
- 4 years 2 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
New Research Finds 2021 Financial Plans to be Driven by Consumer Spending, Remote Workforce Enablement and the Presidential Election
- 4 years 3 months ago
- Management
OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, announced the results of its “Enterprise Financial Decisio
Citibank Introduces "Move Money to Citi" Mobile Banking Service Providing a One-Stop Digital Wealth Management Service
- 4 years 3 months ago
- Wealth Management, Banking
In view of increased client need for wealth management via digital channels, Citibank has long been devoted to bringing innovative banking experiences to clients. "Move Money to Citi" service was recently launched in the Citi Mobile® App to facilitate real-time money transfer from accounts at other banks to Citibank accounts upon registration.
Bankia Accelerates Democratization of Wealth Management With Avaloq
- 4 years 3 months ago
- Wealth Management
Bankia, the fourth largest financial institution in Spain¹, has selected Avaloq’s on-premises solution to support the bank’s aspiration to further grow its wealth management business. Bankia, which selected Avaloq after a highly competitive tender process, is the wealthtech’s first Spanish banking client.
Allianz Global Investors Selects thinkFolio Managed Service to Drive Global Fixed Income Platform Evolution
- 4 years 3 months ago
- Investment Management
Allianz Global Investors, a leading active asset manager, has adopted IHS Markit's leading investment management platform, thinkFolio, as the strategic decision support solution for its global fixed income business. The firm will leverage thinkFolio as a managed service hosted on the Amazon Web Services (AWS) cloud.
66% of P2P Investors Say Reliability is of Essence
- 4 years 3 months ago
- Covid-19, Investment Management
A survey carried out by the European P2P lending platform Robo.cash shows that most investors view the pandemic as a source of valuable lessons. 2 out of 3 respondents think that the crisis has not hit the P2P segment too hard, but it has revealed the importance of being more careful choosing a platform to invest on.
Avaloq Creates New Global Business Consulting Function to Complement Its Client Offering
- 4 years 3 months ago
- Wealth Management, Banking, People Moves
Alain Gloden has been appointed as Global Head of Business Consulting to lead the company’s newly launched service. He is based in Zurich and reports to Paco Hauser, Avaloq’s Group Head of Markets.
