FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard, a cloud-based investment funds operating system powered by AI, has launched and raised $4m.
Investment, Asset & Fund Management
AXA to focus on fintech investment with fund restructure
AXA Investment Managers turns its £55m Framlington Financial fund into a fintech one.
Fidelity launches Fidelity Digital Assets for crypto tech
Bringing blockchain and crypto to institutional investors.
Crypto venture fund Dragonfly flutters into fintech with $100m
Aims to bridge the gap between East and West in crypto economy.
Goldman Sachs to spin off Simon finance app
In advanced talks with several firms to sell its three-year-old app.
The vital role of actionable content
Retail investors are more informed and independent than ever before.
JP Morgan breaks broker hearts with free trading app
You Invest undercuts most digital trading competition.
UMB Fund Services revamps ETF systems with Temenos
Yeah, we get it, you can customise it.
SS&C to acquire wealthtech Eze Software for $1.45bn
Boston-based Eze is a provider of investment management solutions.
Dynasty Financial shows maximum interest in MaxMyInterest
Opportunities for savers to make the most of their cash are worth pursuing.
The rise of wealthtech
Artificial intelligence (AI) and machine learning (ML) are revolutionising wealthtech.
State Street to buy Charles River Systems for $2.6bn
Will acquire US investment management front office solutions provider.
TD Ameritrade unveils $100k RIA innovation quest
Wants smart ideas for registered investment advisors.
Circle raises $110m and creates dollar-pegged cryptocurrency coin
Each token backed by reserves of US dollars.
WealthSpark replaces Personal Capital 401(k)
WealthSpark is a joint effort between Personal Capital and AllianceBernstein (AB).
Crypto-investing 101: advice for beginners
Ten tips to help you avoid common pitfalls when investing in cryptocurrencies.
Tradesocio’s Alpha Suite gears up to go mobile
Ready to discover Alpha Suite on your mobile device?
Unison sees 1,000% year-on-year growth in originations
Also launched in ten additional states across the US.
HooYu brings KYC tech to gold-as-currency enabler Glint
The appeal of gold as an investment remains strong.
Yukka Lab launches market sentiment analysis solution, News & Trend Lab
An organised and efficient way to view and manage financial news in real-time.
280 Advisor Services from 280 CapMarkets
280 Advisor Services will help independent advisors to compete with larger, more established firms.
Spotlight: how Alpha Suite is helping fund managers to succeed
TradeSocio’s Alpha Suite has become highly significant for fund managers, brokers and investors.
BCB Group launches institutional cryptocurrency prime brokerage solution
New solution aimed at investment managers and hedge funds.
Five ways AI is disrupting financial services
Whether you realise it or not, artificial intelligence (AI) is taking over the world.
Robo-advice: the future is now
While we know that robo-advice is here to stay, who is actually using it?
Top fintech stories this week – 9 March 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
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.
Envestnet finalises acquisition of FolioDynamix for $195m
Wealthtech firm FolioDynamix is now part of Envestnet.
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.
Fintech funding round-up: 13 December 2017
This round-up features Finstar, State Street, FRISS and iZettle.
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.
Calastone plans mutual funds market on blockchain in 2019
Calastone has revealed its funds transaction network will be migrated onto a full blockchain-enabled infrastructure in 2019.
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 […]
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.
Wealthtech is coming to the High Street
For those in employed in financial services, technology has always been important – integrated systems for operations and execution have been with us for decades. But to the banking customer at a High Street branch the advances in technology may not be obvious. However, slowly and surely innovations from the fintech sector are filtering down to the mass-market.
State Street unveils Quantextual Idea Lab for investment research
State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. It reckons financial research teams can produce enough content to consume 24 reams or 12,000 […]
National Bank Investments signs for FactSet’s risk management tech
National Bank Investments (NBI), a subsidiary of National Bank of Canada, has opted for FactSet’s multi-asset class risk model, workstation, and analytics suite as its investment risk management and manager due diligence system.
Nasdaq buys analytics provider eVestment for $705m
Nasdaq will acquire eVestment, a content and analytics provider used by asset managers and investment consultants, for $705 million funded through a mix of debt and cash on hand. According to Nasdaq, eVestment provides investors a database for both traditional and alternative strategies, including 2,800 individual data points on more than 74,000 investment vehicles. eVestment […]
SimCorp bags three wins in asset and investment management space
SimCorp is smiling as it’s secured three sweet wins in the asset and investment management space with C WorldWide Asset Management, Novo Holdings and FIIG Securities. Denmark-based C WorldWide Asset Management (formerly Carnegie Asset Management) has extended its Dimension licence agreement to include Data Warehouse Manager and will be replacing its current reporting solution with SimCorp Coric’s […]
