11/02/2020
UK-France-based fintech raises £2m
When the mobile app launches users will be able to buy equity tokens directly in the app, allowing them to become shareholders in their own bank.
Wealth & Asset Management
10/30/2020
Banks roll out robots as pandemic shakes up IT plans
“Bots allowed us to process a much higher volume of applications than we would have been able to do before. It meant the timelines didn’t get longer with the massive volume,” said Simon McNamara
10/30/2020
Broadridge Reports First Quarter Fiscal Year 2021 Results
Recurring fee revenues increased 8% to $671 million from $623 million.
10/29/2020
SS&C Technologies Releases Third Quarter 2020 Earnings Results
Q3 2020 GAAP revenue $1,152.8 million, up 0.8%, Fully Diluted GAAP Earnings Per Share $0.60, up 66.7% Adjusted revenue $1,156.2 million, up 0.5%, Adjusted Diluted Earnings Per Share $1.10, up 18.3%
10/29/2020
HUB24 to acquire Xplore Wealth, sell Paragem
Platform provider HUB24 has moved to acquire Xplore Wealth and sell Paragem.
10/29/2020
Avaloq pairs with Investment Navigator for wealthtech compliance
The two Swiss-based tech companies are partnering to simplify investment advisory compliance for wealth managers.
10/29/2020
This is Goldman’s bet to break into a $32 billion industry serving the world’s biggest corporations
The approach, dubbed banking-as-a-service, is inspired by what Amazon has accomplished with its cloud business.
10/29/2020
Banks roll out robots as pandemic shakes up IT plans
It is a pattern that has played out across banks globally, where technology changes that would usually take months were done in a matter of days.
10/28/2020
Robo-advisors broaden sway amid pandemic
Singapore seeing steady shift to digital wealth management solutions
10/28/2020
UBS to Invest $200M in Fintech Firms
Already, “several direct investments are in evaluation” by UBS, it said, but didn’t name any of the firms it set its sights on.
10/27/2020
UBS teams up with VC firm and launches CHF 180m fintech portfolio
UBS Next will invest directly into early-stage fintechs and other tech firms.
10/27/2020
Brooks Macdonald announces strategic partnership with SS&C
This partnership is the next step in delivering Brooks Macdonald’s vision as the leading investment manager for intermediaries, providing best-in-class adviser experience and client service through technology and innovation.
10/27/2020
Bravura Signs Long-Term Contract with Aware Super
Aware Super is implementing an integrated ecosystem of Bravura products
10/27/2020
SEI Enhances Archway Platform through Strategic Partnership
Automated Alternative Investment Data Collection and Delivery Increase Family Office Efficiency
10/27/2020
Embracing the new reality. A Bank’s perspective by Nikos Karelos, Profile Software
The “new normal”, however, leads Banks to behave more like FinTechs.
10/26/2020
Digital Transformation: A Key Enabler For Wealth Management Firms In Post-Pandemic Times
CEO of Incedo, a Bay Area-headquartered consulting, analytics and technology services firm.
10/26/2020
Gartner Says Finance Leaders Who Avoid Four Cost Management Mistakes Will Help Their Organizations Emerge Stronger From the COVID-19 Crisis
Business leaders are under pressure to go digital and find growth, while reducing expenses and are likely to make decisions that will jeopardize their organization’s recovery
10/23/2020
BITA Risk wins the most innovative client solution
BITA Risk now brings practical ESG (Environmental, Social and Governance) management to the desktop for wealth managers.
10/23/2020
Predictions 2021: Wealth Management Firms Embrace Digital To Thrive
Beyond the pandemic, environmental crises such as wildfires in the western United States and global social unrest highlighted the importance of sustainability.
10/22/2020
TCS in talks to buy Deutsche Bank’s technology unit
Tata Consultancy’s potential takeover of Postbank’s 1,400 employees in the South Asian nation will help Deutsche Bank Chief Executive Officer Christian Sewing get closer to his job-cuts target.