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.
FinTech
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’
03/10/2017
Eze Castle Integration Named Best Cloud Provider in the 2017 Hedgeweek Global Awards and Fund Technology Awards
Clients rely on Eze Castle Integration to be their trusted technology provider
03/09/2017
USA credit union members to bank through voice interaction technologies
Customers using the technology will be able to ask about an account balance or pending payment
03/08/2017
LendingPoint Partners with FinWise Bank to Give More Credit Access to Customers Nationwide
Deal Allows LendingPoint to Offer Full Suite of Loan Products Across the U.S.
03/08/2017
Investment platform Motif launches value-driven automated investment service
Creating a new portfolio product online is as easy as choosing which “value”-based investment is most important of the three, and determining your investment goals.
03/08/2017
Carret Asset Management Recognized as a Top Guns Manager for the 3rd Consecutive Quarter by Informa Investment Solutions
This award recognizes Carret as a leading fixed income manager.
03/07/2017
Carlyle to sell ITRS to TA Associates
TA Associates has agreed to acquire ITRS, a software vendor for the financial services industry. The seller is The Carlyle Group. No financial terms were disclosed. William Blair is serving as financial adviser to ITRS on the transaction. The deal is expe
03/06/2017
First Global Fintech Fund for the Underserved Closes with $141 Million in Capital Contributions English
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets
03/06/2017
Warren Buffett's advice 'doesn't work anymore,' robo-advisor CEO says
Betterment estimated its tax-loss harvesting service can add 0.77 percent to an average customer's after-tax returns annually.