Managers of Wealth Fintech

Financial Services Firms Struggle to Use Data to Support Business Decisions

These were among the key findings of a recent survey commissioned by Asset Control

Study Finds Mobile Apps Are Key Opportunity for Wealth Management

A report recently published by the American Bankers Association on the changing face of wealth management also highlighted banks’ opportunities in mobile access to wealth services, with nearly six in 10 banks seeing a need to enhance mobile wealth m

Financial firms struggling to assess risks of disruptive technologies - Accenture

Disruptive technologies are changing the way banks manage threats to their business,” said Peter Beardshaw, UK & Ireland Head of Finance & Risk at Accenture.

Financial services firms continue to outsource mid-to-back-office operations to remain competitive

With or without AI, outsourcing can provide significant benefits.

Banking in Asia is Ripe for Disruption, Now More Than Ever

In Asia, customers are ready for a new way of banking. According to an Oracle survey, 69% of consumers want their entire financial lifecycle on digital channels, and 30% of consumers are open to trying a fintech or virtual bank option.

SS&C GlobeOp Forward Redemption Indicator at 4.81 per cent for November

The SS&C GlobeOp Forward Redemption Indicator for November 2019 measured 4.81 per cent, up from 3.76 per cent in October.

Railpen and Nest warn on cyber risk

The practical guide even extends an invitation to other pension funds to meet a corporate and go through engagement steps alongside NEST or Railpen.

KPMG Fintech Report: China Dominates as Bitcoin Related Firms Slip

Compared to the 2018 report, we have new entrants in the top 10 categories

Challenger banks yet to overcome Brits’ lack of trust, study finds

Brits are more likely to bank with providers that use 5G and near-field communication, but are generally deterred by cryptocurrencies and artificial intelligence.

Mastercard Index: U.S., New Zealand, Canada and Israel are the top countries for women entrepreneurs

Women entrepreneurs are opening businesses at a higher rate than before, but challenges persist

Advisers sceptical of technology closing advice gap

Answers to this question were mixed as 32% highlighted an “intuitive user-friendly design” as the top requirement, followed by “ease of onboarding/transferring clients” at 26%.

Companies run by billionaires are better for investors

This is one of the findings of the annual UBS and PwC Billionaires Insights report, The Billionaire Effect.

European Fintech Investment Surpassed Asia

Lending and mortgage and wealthtech are two other popular segments, raising EUR 1.4 billion and EUR 8 billion respectively so far this year.

European Challenger Banks Struggle to Turn a Profit: Research

In the region, UK-headquartered Monzo was found to be the biggest loser, with a total net loss of US$58 million in YE (year ending) February 2019, or a US$18.71 loss per customer.

Nearly two-thirds of Brits don’t realise hacking is a criminal offence

This news comes just a few months prior to the 30-year anniversary of the Computer Misuse Act – a piece of law that deals with the crime of accessing or modifying data stored on a computer without authorisation to do so.

New Regulations Force Financial Services Firms to Ramp Up Investment in Outsourcing

The survey shows that few financial services organisations try to go it completely alone with data.

Stopping Global Warming Will Cost $50 Trillion: Morgan Stanley Report

Carbon capture and storage, which Morgan Stanley says is the only viable option for reducing emissions from coal-fired plants

Eurasia Group/Vontobel study: US-China battle for digital supremacy can create a dilemma for Europe

Potential winners: Bangladesh, Indonesia, Malaysia, Thailand, Taiwan and Vietnam, as well as Argentina, Brazil, Chile and Mexico

Survey Shows Key Role of Technology in Client Acquisition in Wealth Management

The research shows a clear shift by wealth managers towards a more digital approach to their client acquisition

Model Portfolio Market Reaches $2.7 Trillion USD, Growing 19% Annually, According to Broadridge

A survey of 500 advisors conducted by Broadridge found that advisors plan to rely more on model portfolios as their clients' business needs become more complex.