Managers of Wealth Fintech

Sobol Sequences: Business Cases for Pricing and Risk Management

The Monte Carlo approach is easy to use but requires a large number of scenarios to achieve accuracy.

HSBC integrates with Bloomberg AIM

The offering is now live and available to Bloomberg clients that outsource their middle office operations to HSBC.

Railsbank eyes unicorn status as looks to raise £100m

Railsbank, which offers several B2B banking services to fintechs and non-financial brands, is currently working with bankers on plans to raise the funds, with the funding round expected to be completed in the coming months.

Neobank Bunq launches investments

The Amsterdam headquartered European neobank is hoping to boost its coffers through the digital retail investing boom.

NatWest Group Extends Relationship with SS&C

SS&C GIDS now provides transfer agency services to more than 800,000 investor portfolios

LUCA Japan announces a strategic partnership with Singapore-based Xen Capital

Xen Capital will build and operate the platform infrastructure to facilitate product distribution, client management, quarterly reporting, and secure transaction settlement.

JPMorgan vows $1B/month effort to get off legacy stack

When it gets modernized, to the cloud, the cost savings by running that and marginalizing it will be $30 million or $40 million a year.

United Fintech acquires 25% stake in asset management platform Athena

United Fintech has acquired a 25% stake in investment portfolio management fintech Athena Systems for an undisclosed amount.

Itaú Unibanco acquires Brazilian cloud-based brokerage firm Ideal

Ideal CEO Nilson Monteiro will continue leading operations along with the other founding partners of the company, ensuring Ideal business remains autonomous.

Citco enhances Data Services platform with direct delivery via the cloud

The new service covers the relevant data sets for the range of alternative asset investment classes Citco serves, including private equity, real assets, hedge funds and fund of funds.

Vietnam digital bank Timo secures $20 million fresh funding led by Square Peg

Other participants are Jungle Ventures, Granite Oak, FinAccel, Phoenix Holdings (existing investor) and other super angels.

SS&C GlobeOp Forward Redemption Indicator

The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp

SimCorp and Colonial First State extend partnership to support growth and agility

It comes as CFS upgrades its technology to better service its customers and advisers.

Optar Capital selects Iress

Iress’ Portfolio System helps fund managers with end-to-end portfolio management support, from simple portfolios to multi-currency, multi-asset offerings.

Global ESG Summit: Technology will make net zero achievable

These are technologies that have been around for a very long time, but over the last couple of years have reached a point where they become cost effective.

Calastone partners with Microsoft

CCF is an open-source framework for building a new category of secure, highly available, and performant applications that focus on multi-party confidential compute and storage.

Battle for hottest talent in finance threatens to increase pay

Banks themselves are building out crypto and blockchain divisions: Citi is hiring 100 people

SEI’s Advisors’ Inner Circle Fund Celebrates 30 Years

Servicing 111 funds on behalf of 45 investment advisors, this milestone reinforces AIC’s stature as one of the fund industry’s leading and oldest turnkey platforms for ’40 Act vehicles.

Douugh to go global through BaaS partnership with Railsbank

The app went live in the US in November last year through a BaaS partnership with Choice Bank.

SeaFort Capital Chooses SS&C for New Fund Launch

Canadian private equity firm SeaFort Capital will leverage SS&C’s front-to-back solution to support SeaFort Capital Fund II

Alternative Investments