03/22/2017
Parthenon and M2 team up with Matrix ex-president to build fintech platform
In 2011, Matrix was sold to Broadridge Financial Solutions
FinTech
03/22/2017
Cognizant to lay off 6,000 employees!
Automation is other important factor that is hitting the work force in all major IT companies
03/21/2017
FactSet Acquires Leading Performance Measurement Provider and Risk Management Thought Leader
Together, we expect to offer significant advantages to our mutual and respective clients, while creating a collaborative, global environment for our employees.
03/20/2017
Even San Francisco, Flush With Tech Wealth, Has Pension Problems
Pension cost to rise more than three times faster than revenue
03/17/2017
OCC Releases New Licensing Regulations for Fintech Bank Charters
The OCC first revealed in December that it would give fintech firms the opportunity to apply for special purpose charters
03/17/2017
CreditEase Fintech Investment Fund announces investments in three fintech companies
CreditEase is the market leader in wealth management and inclusive finance in China and globally
03/16/2017
Steve Cohen Ramping Up Effort to Replace Idiot Humans With Machines
The hedge-fund manager is banking on computers making him more money then the expensive sad sacks who work for him now.
03/16/2017
BankThink How tech wave forces bankers to show their human side
Bank employees are at the heart of that effort.
03/16/2017
Billionaire Eyes Millennials for Argentina’s First Digital Bank
The group applied for a license late last year and is waiting for approval from the central bank.
03/16/2017
State Street’s DataGX Wins “Best Data Provider” at Hedge Fund Management US Technology Awards
The data-as-a-service platform is a scalable, cloud-based solution that allows clients to more completely measure and evaluate risk, address regulatory concerns and make more informed, real-time trading decisions.
03/16/2017
Nest Wealth Pro Selected by Leading Canadian Wealth Management Firm
Specifically, clients benefit from sophisticated portfolio management and increased functionality and transparency while advisors are supported with best-in-class technology
03/15/2017
Improvement Needed In The Use Of Technology And D&A In Compliance Programs, KPMG Survey
Many companies continue to struggle to integrate and automate compliance activities across their organizations
03/15/2017
Charles Schwab Introduces a “Hybrid Robo”
The move comes as high-end money managers, full-service firms and discount brokers are expanding their service models to appeal to a range of investors with different net worths and appetites for automated investing.
03/15/2017
Charles Schwab launches hybrid human-robo financial advice
Betterment's move marked a surprising shift toward human advisors.
03/15/2017
Raymond James Wins Biggest Deal on $15 Billion Mobileye Sale
Bankers Uhrig, Tobin, Maxwell said to work on Mobileye sale
03/13/2017
JPMorgan Chase acquires MCX payments technology
“MCX has been an important partner, and its technology complements ours.”
03/13/2017
Misys close to deal to combine with rival DH Corp
A deal could be announced as early as Monday, two people said, warning that as always in a delicate merger and acquisition situation the deal could still fall apart.
03/13/2017
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.41% in March.
03/10/2017
Gemini Wins Two Industry Awards for Hedge Fund Administration
The awards won by Gemini are given to managed futures service providers that have demonstrated exceptional customer service and innovative product development during the previous 12 months.
03/10/2017
Wealth advisers are doomed in our new artificial intelligence-enabled world
‘Humans are supposed to be the most sophisticated data-processing system, but this is no longer the case as AI ascends’