Managers of Wealth Fintech

BNY Mellon onboards first client to new investment operations platform

The new platform encompasses the capabilities previously aligned with BNY Mellon’s middle-office solutions with a new set of modular data services

Citi Joins Trade Finance Network

The network is currently in the beta phase, but Contour — established in Singapore by FinTech consortium R3 — is moving into full commercialization after two years of successful pilots in 14 countries.

Interactive Brokers: Boosting its Penetration of Asia’s Vibrant Wealth Management Market

Interactive Brokers Group Inc, which trades as IBKR on Nasdaq, is one of the world’s most established electronic trading brokerage platforms

Morgan Stanley is buying E-Trade for $13 billion

Trading has become a commodity business because of popular trading apps like Robinhood, which recently raised money in a funding round that valued the company at $7.6 billion.

Japan should launch a digital yen to counter China’s digital currency, say lawmakers

We live in a stable world led by dollar settlement

CMA seeks comments on platform tech merger

The two businesses remain separate while the CMA carries out its review and all existing contracts of GBST and FNZ will continue to be serviced by the business to which they were awarded.

Heartwood Investment Management redefines client communications using SimCorp Coric

At the same time, Heartwood has also identified the untapped potential of client communications, together with digital channels, to deliver an engaging, consistent and holistic client experience.

FNZ Strengthens European Business with Acquisition

The acquisition reinforces FNZ’s pan-European strategy

UK trading apps up to 20x cheaper than incumbents

This research also strikes a note of caution for anybody tempted by some of the new entrants riding in on the fintech bandwagon.

FNZ to create 200 jobs as its opens new base in Dundee

Scotland's first fintech unicorn to open office with initial 50 investment ops staff

Genesis Announces Record-Breaking Quarter, Exceeding $1.1 Billion in New Loan Originations

Lender has facilitated more than $4.25 billion in loans since inception in March 2018

Standard Chartered Invests in Documentary Trade Platform

It follows the full commercialization of Contour and the appointment of CEO Carl Wegner in January 2020.

Open trade finance network – Contour, launched today in Singapore

Contour delivers a network where trusted information is shared in real-time, effectively digitising Letters of Credit across all users in the transaction.”

SimplyBiz revenue up after fintech acquisition

SimplyBiz bought Defaqto, a financial services tech business and fintech platform, for £74.3m in March last year

Open banking platform Tink raises €90M at a post-money valuation of €415M

These can be used by third parties to roll their own standalone apps or integrated into existing banking applications.

SA fintech startup Pago launches payment platform Tuma

The startup, which charges a ZAR10 fee per transfer, is focused on South Africa in 2020 as it integrates with instant money services provided by banks, but does plan to expand.

Broadridge accelerates hybrid cloud strategy

Accelerating its shift to a hybrid cloud model will enable Broadridge to further deliver next-generation SaaS solutions to its clients

NORD/LB migrates New York, Singapore and Shanghai branches to Avaloq Banking Suite

NORD/LB Luxembourg Covered Bond Bank generates competitive refinancing for NORD/LB group's core lending business through the issuance of high-quality covered bonds.

Japan FSA Grants Client Clearing Licence to HKEX

Apart from Japan, OTC Clear is also recognised by authorities in the US, European Union, and Australia to offer clearing services to their financial institutions.

Singapore Fintech Eyes Middle East

Our Dubai office will serve as a bridge between the Middle East and Asia Pacific

Trading Platforms