05/24/2018
Virtual reality in wealth management? It's happening
VR and its cousin, augmented reality, are just two of the latest gaming technologies seeping into wealth management.
FinTech
05/23/2018
Pershing selected as custodian for new $600 million RIA
Pershing Advisor Solutions has powered Dakota advisors transition to the new firm platform.
05/18/2018
The innovation wave for banks by Profile Software
Latest technology and methodologies are utilised in its digital banking offering with a number of successful implementations around the world.
05/18/2018
Canadian £1.2bn robo targets UK pension wealth
The robo-adviser has raised £122 million in funding from investment firm Power Financial Group.
05/15/2018
Profile introduces Axia Robo Advisor that delivers unique automation to address new markets
The firms benefit, among others, from the sheer automation and flexibility of the platform to manage the full advisory process, its low operating cost and fast client acquisition while delivering “independent” advice with transparency.
05/14/2018
StatPro signs cloud conversion and extension deal for top 10 global fund administrator
Fund administrators are increasingly required to provide a wide range of complex technologies to deliver the services that asset managers need.
05/10/2018
Bloomberg & Galaxy Digital Capital Management Introduce Bloomberg Galaxy Crypto Index
The BGCI is market capitalization-weighted and measures the performance of ten USD-traded cryptocurrencies, including Bitcoin, Ethereum, Monero, Ripple, and Zcash.
05/09/2018
Schwab ramps up RIA tech and digital innovation
Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs.
05/09/2018
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
His startup, Xapo, has built a network of underground vaults on five continents, including one in a decommissioned Swiss military bunker.
05/04/2018
Bitcoin trading comes to Goldman Sachs after investment bank hires first cryptocurrency trader
The operation, led by the firm's first ever "digital assets" trader Justin Schmidt, is expected to begin within the next few weeks, though an exact date has not been set.
05/03/2018
Amazon CEO Implies Spending His Billions on Space Travel Is Philanthropic
Unabashedly, Bezos responded to Dopfner’s query, saying “The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it.”
05/03/2018
Why Even U.S. Wealth Managers Should Care About GDPR
The implementation of GDPR may seem scary, but it really isn’t all doom and gloom.
05/02/2018
CAIS Selects SEI
Strategic Relationship Significantly Enhances Advisor and Fund Manager Transaction Experience by Intelligently Digitizing Subscription Documents and Automating Manual Processes
05/01/2018
Peter Thiel-Backed Venture to Help Big Investors Bet on Bitcoin
Tagomi expects to be the equivalent of a broker-dealer, executing orders to buy or sell cryptocurrencies
04/30/2018
Bitcoin is a Gamble not an Investment, Warns Warren Buffett
Mr Buffett’s latest comments follow more than four years of warnings about bitcoin, after first dismissing the cryptocurrecny as a “mirage” in 2014.
04/30/2018
6 Billionaires Whose Fear of Death Is Fueling a Boom In Biotech Startups
Ultra-rich individuals often employ a team of professional money managers to take care of their personal wealth through what’s called a family office.
04/22/2018
San Francisco fed head: Crypto is not currency
The head of the Federal Reserve Bank of San Francisco believes that crypto lacks the core features required to define them as a currency.
04/19/2018
Bitcoin is flashing a rare buy signal, crypto hedge fund manager says Bitcoin is flashing a rare buy signal, crypto hedge fund manager says
"It's 65 percent below its high, you don't get that opportunity very often," Morehead said.
04/18/2018
Family Offices: Beware of These Startup Investing Pitfalls
In emerging markets, family offices can face a number of challenges when they try to invest in startups.
04/16/2018
Goldman buys personal finance app Clarity Money
Founder Adam Dell becomes partner as Wall Street bank expands digital revenue sources