Managers of Wealth Americas

Confluence Wins “Best Use of the Agile Methodology” at 2017 American Financial Technical Awards

Winners of the 2017 Awards were announced on December 4 during a ceremony in New York.

LatAm advice industry ‘picking up speed’

Temenos believes cloud computing can deliver cost savings in the burgeoning region.

Bitcoin makes major bourse debut at $15,000

First 20 minutes of trading sees volatility, with price rising to $16,600 per unit before going down

How Morgan Stanley’s New Robo Helps its FAs Reach Downmarket

In other words, Morgan Stanley — whose traditional retail brokerage platform can require investment minimums of $1 million or more — is using technology to help it reach downmarket.

'One of the greatest shorting opportunities ever': Hedge funds ready to bet against Bitcoin

Hedge funds, which have largely stayed on the sidelines, are waiting for the Chicago Mercantile Exchange's futures market to open to bet against the cryptocurrency

How AI is rapidly changing the finance industry

As the financial industry becomes increasingly reliant on AI, it is affecting the stability of many jobs.

The First Cryptocurrency and Hedge Fund Backed by Gold and Diamonds Created by Joe Spinoso of Rabbit Investment, LLC

Rabbit Investment, LLC announces the first gold and diamond asset backed cryptocurrency and hedge fund in progress. This means every cryptocurrency coin purchase will have 110% backing by real hard assets of gold and diamonds held in a USA located vault.

Brazil's first online bank ramps up innovation

A year after launching its API platform, Banco Original is driving new initiatives related to artificial intelligence and data analytics

Morgan Stanley launches robo-advisor

It carries an investment minimum of US$5,000, and charges an advisory fee of 0.35% on assets under management.

Worldsource Financial Management selects Broadridge's Wealth Management Platform

Worldsource has built strong, strategic partnerships with entrepreneurial advisors, planning firms and financial institutions across Canada since 1989

Expanded private funds statistics include proprietary information

This is the first time the SEC expanded the statistical scope of Form PF. Unlike Form ADV, a public form required from private funds, Form PF goes into detail on proprietary information.

As Bitcoin Tops $11,000, Hedge Fund Leader Ken Griffin Joins the Bubble Brigade

Financial institutions and big corporations are experimenting with blockchain technology to improve global payments and supply chain management.

Stephens Investment Management Group picks SEI middle office platform

SEI's platform offers Stephens a holistic view of their business with an operating infrastructure that incorporates leading-edge technologies, innovative workflows, document management capabilities, and customizations.

Fund giant Invesco Canada finds way into robo-adviser space

The majority of robo-advisers recommend portfolios that are predominately made up of individual ETFs.

Banks’ Desire for Integrated and Consistent View of Data - RESEARCH

The remaining 83% said that were planning to work on achieving suitably robust systems and procedures in light of mounting global regulatory challenges.

BMO Financial Group injects $2m into Montreal AI lab

This year’s programme runs until June 2018.

SS&C GlobeOp Forward Redemption Indicator: November notifications 3.91%

Indicator data is based on actual investor redemption notifications received.

Zuckerberg’s Wealth Manager Wants to Be a Buyout Shop

Shift in strategy by Iconiq Capital raises the specter of possible conflicts with some of its clients

Swarm Fund announces results of public token sale and appoints new CEO

The first tranche became liquid immediately after the vote on November 6, 2017, at which point one-fourth of each member’s tokens became transferable.

Tech 360 at Penn State Great Valley focuses on cyber security

The cyber crime issue, he noted, is a people problem, not a tech problem.

FinTech