CC&L chooses SimCorp to deliver integrated client communications
One of Canada’s largest firms in the sector, Connor, Clark and Lunn Financial Group manages over $55 billion in assets.
Investment, Asset & Fund Management
FCA urges end to exit fees on investment platforms
UK’s Financial Conduct Authority calls for feedback and more competition.
TickSmith powers CanDeal’s DataVault Innovations
The company will use the Data Pooling Platform to launch its Data-as-a-Service (DaaS) offering.
Stash piles on rewards with stock-back launch
New York-based financial services platform officially boots up.
Swiss crypto outfit Amun amasses $4m funding
“We are bullish on crypto in the long-term.”
Ant Financial tag teams Hoperun for new core banking product
The Chinese firms have released their Distributed Core Banking Platform (DCBP).
German savings marketplace Raisin acquires MHB Bank
Fintech buys bank. Yes, we worked that out thanks.
Wealthtech Gluskin Sheff turns to Broadridge tech
New investment management tech will help manage portfolios and compliance.
RHB Bank gets modern capital markets tech with Murex
Malaysian deploys Murex’s MX.3 tech for its Islamic and conventional treasury and capital markets (TCM) operations.
BML Istisharat’s ICBS core system sees success in Lebanon and Morocco
Finance Bank is going live and FNAC has picked the platform.
A win-win despite the trade war: why small-time foreign investors and US markets need each other
While the trade war looks set to escalate, it seems there may be a silver lining for the US economy.
SocGen mulls thousands of job cuts from investment unit
As it seeks to consolidate its brokerage business through a partner.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
LGT completes Avaloq roll-out across group
Austrian deal means all LGT’s main markets share this core system now.
Case study: Citizens Bank – fintech friendly
The 13th largest bank in the US pivots for digital era.
Case study: 2ndQuadrant and tastyworks – boosting PostgreSQL database performance by 400%
Consultancy and support from 2ndQuadrant for online trading platform boosts PostgreSQL database performance by 400%.
Interview: Scott Cooper, CybiWealth – investing big for small pockets
Clever investment management, frustrations, and taking care of choices.
Analysis: openfunds − raise the standard
It’s surprising how haphazardly much of the data in investment funds is distributed.
Deutsche Bank gets collateral tech from CloudMargin
“The first time a tier one bank will use a public cloud-based for collateral management.”
Banco Best and Credit Suisse bring DLT to fund transactions
Putting the fun in FundsDLT.
Pagaya shows off its AI-powered $100m ABS
Asset-backed securities looking toned and honed.
Raisin caught raising $114m for savings quest
Series D brings total amount raised to $200m.
Phoebus Software wins new client in lending space
UK-based Business Lending Group signs a five‐year contract.
MiFID II’s unbundling mandate puts data front and centre for traders
A year on, MiFID II is changing the way buy-side firms acquire and produce investment research.
Bayerische Landesbank picks Profidata for custodian services
German bank will use the software Xentis.
Broadridge partially acquires PivotData and Sol Hedge regtech
Fintech provider is expanding its regulatory capabilities.
Fintech app Acorns receives $105m funding
Alongside a partnership to create educational content.
Data firm Essentia Analytics brings in £2.5m funding
Provided by Calculus Capital.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
Nutmeg gets £45m support led by Goldman Sachs
And from previous investor Convoy, as it eyes Hong Kong expansion.
BlueCove signs up for Patronas compliance tech
The asset management firm is installing the OPUS system.
French asset manager Amundi fully acquires Anatec
Buying the 51% stake it didn’t own.
Objectway nabs asset management software firm Algorfin
As it aims to establish its dominance in Italy.
FNZ takes minority stake in Embark
FNZ and Embark also extend their tech partnership until 2028.
AXA teams up with Dreams for millennial savings
Coming from the Nordics and across Europe.
AccessPay gets £9m investment for wealthtech connections
As leading investor Beringea looks for investments in north of UK.
Accenture ups wealth game with Orbium acquisition
Orbium is Avaloq’s partner and system integrator.
BNY Mellon’s Pershing has wealthtech thing for Objectway
The bank’s wealth brand gets a front-end upgrade.
USAA customers to get $12m back for payment errors
Consumer Financial Protection Bureau also fines bank $3.5 million.
