06/13/2018
Why digital banking and robo advice are pairing up
Sometimes they are rivals, sometimes they are working as partners, and sometimes the lines are unclear.
FinTech
06/12/2018
Automation could thin Citigroup's investment banking unit jobs: FT
"We've got 20,000 operational roles. Over the next five years could you make it 10,000?" Forese was quoted as saying in the FT article.
06/12/2018
Citing Vanguard, InvestCloud Expands Its Trans-Atlantic Footprint
InvestCloud looks across the Atlantic in its purchase of London-based tech company rplan. The acquired client engagement provider’s clients include four of the top eight institutional asset managers in the U.K.
06/12/2018
Crypto Trader Apologizes for 1,200% Gains
According to Business Insider, some of these cryptocurrency elite are even somewhat ashamed of their ridiculous gains.
06/11/2018
Facebook shared user details with firms after cutting developers' access
Wall Street Journal details access to data during 2015
06/07/2018
Janney Montgomery Scott Selects Vestmark’s Model Trading Service
Janney began using the VestmarkONE portfolio management technology platform in 2013 for portfolio management and trading.
06/06/2018
Envestnet | Tamarac Enhances Integration with BNY Mellon's Pershing NetX360®
Mutual clients will now be able to access custodial documents directly from the award winning Tamarac Client Portal and Portfolio Management Application
06/05/2018
BBVA Compass Adopts SEI Wealth Platform
Unified Platform Supports Firm's Digital Strategy, Continued Relationship Fosters Mutual Growth
06/04/2018
SST Awards 2018: Best Outsourcing Provider to the Sell Side—Broadridge Financial Solutions
As part of its bid to engage customers, Broadridge has transformed its outsourcing dashboard to attract the next generation of clients.
05/31/2018
Principal Financial Group Acquires Digital Advice Platform
The $670 billion AUM Principal Financial Group has been working with the fintech provider since last year. RobustWealth will continue to license the platform to firms outside Principal.
05/30/2018
J.P. Morgan Launches Enhanced Digital Target Date Compass Program
An Industry-Leading Program to Evaluate and Select Target Date Funds Gets Even Better
05/30/2018
Artivest and RBC Wealth Management launch alternatives platform for HNW
The platform also provides a streamlined process to complete the investment subscription process making it easier to bring alternatives into investors' portfolios.
05/29/2018
Cyber crooks claim to hit two big Canadian banks
Bank of Montreal and Canadian Imperial Bank of Commerce (CM.TO) said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers
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.
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.