Twenty First Capital picks Profile’s Axia for asset management ops
For automating operations in France, the UK and Luxembourg.
WealthTech
Huddlestock and Acuity bring mobile trading to Sri Lanka
Offering the ability to “crowd-trade and access investment ideas”.
Central Bank of Trinidad and Tobago in tech modernisation with Simcorp
Central Bank of Trinidad and Tobago has signed for the Simcorp Dimension investment management platform.
Wealthfront launches homeownership planning tool
The pressure is high in today’s US housing market – home buyers feel the need to buy.
Cake4Good fintech charity bake off!
Where you can bake it! Fake it! Or buy it! In support of The House of St Barnabas.
New year, new us: say hello to FinTech Futures!
We’re starting 2018 with a bang!
Wealthfront rakes in $75m
The financing was led by Tiger Global Management with participation from existing investors.
DOS & Co to launch London’s first digital private bank
UK-based advisory firm DOS & Co is the latest name in challenger banking.
Envestnet finalises acquisition of FolioDynamix for $195m
Wealthtech firm FolioDynamix is now part of Envestnet.
Top ten wealthtech stories in 2017
A wealth of talent washed over us in the wealthtech space in 2017.
eToro and CoinDash team for blockchain-based social trading products
eToro and CoinDash will develop a suite of blockchain-based products for social trading.
UBS seeks global finance and risk tech CTO
UBS is looking for a chief technology officer (CTO) for finance and risk technology.
DoubleNet Pay to power cashflow management tool for T Rowe Price
Financial management tech start-up DoubleNet Pay scored a deal with investment services firm T Rowe Price.
Schroders first in Singapore to launch asset manager chatbot
Beta version now online operating through Facebook Messenger.
Banking Technology Awards 2017: and the winners are….
The glamorous Banking Technology Awards 2017 took place on 13 December at the elegant Millennium Mayfair hotel in London.
Emirates NBD appoints chief digital officer, seeks fintech partnerships
Emirates NBD’s new chief digital officer is on the lookout for partnerships with fintechs.
ABN Amro’s Prospery supported by Five Degrees’ tech
EXCLUSIVE: ABN Amro’s new wealth management proposition, Prospery, has implemented Five Degrees’ Matrix solution.
Fintech Connect Live 2017: the unleashing of AI and ML
Fintech Connect Live 2017 is a gathering of some of the biggest players in the fintech. With the looming rise of open banking and the cryptocurrency surge, it’s the smaller start-ups and innovators of smart technologies in banking that are making headway with use of artificial intelligence (AI), machine learning (ML).
Prosper with ABN Amro’s Prospery wealth manager
ABN Amro has unleashed Prospery, its online wealth manager offering digital asset management combined with personal coaching by experts.
Itaú Unibanco in wealthtech revamp with Temenos
Itaú Unibanco, Latin America’s largest banking group, has signed for a new core banking solution – Temenos’ T24 – for its international private banking business.
UBS turns to fundinfo for fund data procurement
Private banking giant UBS and its fund platform Fondcenter have commissioned fundinfo to procure and source fund data from fund providers and asset managers.
CNP Cyprus chooses IMSplus for asset management
CNP Cyprus insurance holdings has chosen Profile Software’s IMSplus solution to manage its assets and fund management requirements to achieve “operational efficiency”.
Allianz accelerates to new digital investments
Allianz with its in-house incubator, Allianz X, has switched gears and pivoted towards a new range of digital investments.
Wealthtech: a market poised for extended growth
Rapid changes are occurring in the wealth management space and the level of disruption in how advice and capital are managed is only beginning. Wealth management is a monumental industry. The players in the space run the gamut from gigantic hedge funds to individuals who manage their own investments. This changing wealth management landscape is driving a significant uptick in transactions.
De Volksbank live with new core banking platform, Ohpen
De Volksbank, a retail and SME bank in the Netherlands, has migrated over 122,000 investment accounts to Ohpen’s core banking platform.
RBS unleashes robo-advice service via NatWest brand
Wealthtech is coming to the UK high street as Royal Bank of Scotland (RBS) has launched a robo-advice service for around five million customers under its NatWest brand. The service will be available for clients with a minimum of £500 to invest. The total cost of advice, investment and platform fees will be at 0.95%. […]
Coinbase goes into Custody to let investors store digital assets
Who knows how much more appreciation in the price of Bitcoin will be required to encourage notorious cryptocurrency skeptic and JP Morgan CEO Jamie Dimon to endorse investing in digital assets. But when he does, a new company launched by Coinbase called Coinbase Custody will be there to make sure he does it the right […]
ForwardLane unveils new AI APIs
US-based ForwardLane has introduced a pair of new artificial intelligence (AI) APIs that apply natural language processing and deep learning AI for managing research data and communication, reports David Penn at Finovate (Banking Technology’s sister company). “The two APIs empower the world’s leading asset managers, wealth mangers, and insurers augment the capabilities of their star performers and […]
InvestCloud goes Neon and Gray for wealthtech way
US-based InvestCloud has released two new lines of financial apps – Gray and Neon – to run on its digital platform. InvestCloud Gray digitises client interactions, providing a platform for wealth managers. While InvestCloud Neon enables wealth managers and financial institutions to automate trading, accounting and middle-office workflows. It also supports the real-time processing of […]
Supplement: Inside ETFs Europe Industry Report
Inside ETFs has produced a dedicated industry report for its 7th annual Inside ETFs Europe conference, Europe’s largest and most-respected exchange-traded funds (ETF) conference.
Aegon opts for Wolters Kluwer’s OneSumX for operational risk
Pension, insurance and investment management firm Aegon is replacing its local risk systems with Wolters Kluwer’s OneSumX for operational risk management. Charles Garthwaite, global head of operational and conduct risk at Aegon, says his company needed “a global solution” that could “comprehensively manage Aegon’s requirements”. Following local implementations in the UK and within its asset […]
The UK Robo-Advice Innovation Forum: key takeaways
Distilling some of the debates and discussions and showing how robo-advice is changing wealth management and indeed impacting the banking sector.
AMX selects InvestCloud to power exchange solution
The Asset Management Exchange (AMX) has selected US-based InvestCloud to build a bespoke digital solution for its client base of asset owners and asset managers. The digital interface will let clients access and monitor some $2 billion of investments already on the exchange. Established by advisory firm Willis Towers Watson earlier this year, AMX is […]
Kamco to revamp investment tech with Finastra
Kamco, an investment company in Kuwait with $10.4 billion in assets under management (AUM), has selected Finastra’s Fusion Invest platform.
Warwyck Private Bank signs for ERI’s Olympic core banking system
Mauritius-based Warwyck Private Bank has signed a deal with Swiss banking software tech vendor ERI to implement its Olympic core banking system.
Regions Bank completes wealthtech modernisation project with SEI
US-based Regions Bank has gone live with the SEI Wealth Platform, following an 18-month transition of its private wealth, asset management and institutional services businesses to the new platform.
Avaloq signs core banking tech deal with Bank of Asia
Bank of Asia, a start-up digital bank in the British Virgin Islands focused on companies that have ties to Asia, has signed for the Avaloq Banking Suite core platform.
JP Morgan implements Mosaic MSX for fixed income data analytics
Mosaic Smart Data’s real-time data analytics platform, MSX, has been deployed by JP Morgan to optimise the productivity and profitability of its global fixed income sales and trading division.
Credit Suisse strengthens SmartStream deal for derivatives brokerage fees
SmartStream Technologies, the financial transaction lifecycle management (TLM) solutions provider, has revealed that its original agreement with Credit Suisse was recently expanded to include the processing of listed derivatives brokerage fees which began in February of this year.
Standard Chartered gets personalised for investment ideas in Asia
This time it’s personal. Standard Chartered has launched a digital wealth management tool that can customise investment ideas in a lively and rapid manner. Called Personalised Investment Ideas (PII), the idea is to help “priority banking” clients respond faster to market opportunities with automated investment ideas based on considerations such as their risk profile and […]
