Managers of Wealth Fintech

SBI Securities selects Broadridge for post-trade services

This is in addition to the existing relationship with Broadridge to process Japanese equities transactions in Hong Kong and Singapore.

EQT to sell data management tech firm Rimes to Five Arrows

Five Arrows, which currently has global assets under management of more than €26 billion, has leveraged its long-term fund FALT and principal investments division FAPI to action the purchase.

Three Technologies Banks Will Invest More in This Year

The banking industry is one of the most highly regulated verticals on the planet.

Tradeweb to pay $785m for investment tech firm ICD

The deal, which will be funded with cash on hand, is expected to close in the second half of the year.

Accenture Acquires Axis Corporate to Help Spanish Financial Services Companies Reinvent their Businesses

The company provides a wide range of advisory services, including operating model and cost transformation, talent and culture, finance, and sustainability.

Lloyds bank invests £3m in proptech startup

Coadjute has also received funding from NatWest, Nationwide, and Rightmove.

iCapital to Acquire Reporting Platform Mirador

The acquisition expands iCapital’s data management and reporting capabilities.

NewRetirement completes $20m funding round

The majority of Americans – as many as 65%, per Charles Schwab’s Modern Wealth Survey 2023 – have no formal financial plan.

Best-Performing Fund Brands Globally According to the 2024 Broadridge Fund Brand 50 Report

U.S. Fund Brand 50

US investment management platform FundGuard bags $100m Series C funding

The firm says it utilises AI and cloud-native tech “to modernise and streamline investment accounting operations and workflows”.

GSS secures $47m to help banks with sanctions screening

As part of its investment in GSS, CBA will join the company’s main board as an observer.

Fintech stocks PayPal, Block rising ahead of the close

Company said it was robustly cash flow positive, Julie, in 2023, expects the same in 2024.

SmartSearch taps LSEG Risk Intelligence data base

Fraser Mitchell, technical director at SmartSearch, said: “Individuals who reside internationally are often perceived as higher risk, and yet regularly have the weakest level of verification.

CQG unveils machine learning toolkit for predicting futures market moves

Following extensive machine learning (ML) training in a back-testing environment, the firm just started applying the technology to live data

Cullen Capital Management LLC Selects SEI’s Advisors’ Inner Circle Fund Trust to Launch First Active ETF

Active ETF Trend Provides Growth Opportunity for Asset Managers

Murex, Alveo Partner to Provide Comprehensive, Data-driven IMS Solution

The new agreement offers managed data services to Murex buy-side customers as part of the MX.3 for Investment Management solution.

Team8 secures $500m to propel startups in Cyber, FinTech, and AI industries

To date, Team8’s innovative model has resulted in the creation of 20 companies and investments

Iress extends relationship with In Partnership through Xplan Mortgage and The Exchange

Iress’ relationship with In Partnership spans nearly 20 years,

Citi Ventures invests in bank-to-bank loan marketplace Capstack

Citi's investment, the size of which has not been disclosed, comes after a $6 million funding round last year for Miami-based Capstack.

Fintech trio develop services to bridge advice gap

The FCA, through consumer duty and subsequent actions, consultations, and statements, has put real consumers at the heart of its thinking and future plans.

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