12/18/2015
SS&C completes Systematica Investments project
$8.5 billion fund cites experienced team and technology as well as spirit of collaboration for overall project success
FinTech
12/18/2015
Edward Jones Adopts Broadridge-backed Performance Analytics Platform for Retail Investors
Broadridge platform delivers transparent performance analytics and reports for Edward Jones clients
12/17/2015
No More Silos: Wealth Management has Evolved into an Ecosystem (By Bill Rourke, Salentica)
It’s an exciting time to be in the thick of things as financial technology is improving the service levels advisors can provide to investors of all sizes.
12/16/2015
Global Payments to Buy Heartland Payment Systems for $4.3 Billion
Shares of Heartland, which mostly processes payments on behalf of small merchants, climbed 12% after hours to $95.10
12/16/2015
U.S. Trust Launches Carbon Reserve-Free Strategy
New Component of Socially Innovative Investing Strategy Expands Access to Investments in Carbon Divestment-compliant Companies
12/16/2015
Corrected-R3 blockchain group adds 5 banks, brings in technology heavyweights
Most of the world's biggest banks, with the exception of Chinese lenders, have now signed up to the initiative.
12/16/2015
With E-Signatures in Wealth Management, Authentication Reigns
Often, digital documents contain financial and investment information, bank account numbers and other personally identifiable information that, when in the wrong hands, could be destructive to your client.
12/15/2015
Online insurer ZhongAn leads Chinese rise in financial tech: study
Fintech companies are shaking up banking and other industries by allowing savers and borrowers to bypass traditional lenders
12/14/2015
US and Europe set for real-time payments by end of 2017
No road-map has been published, but testing is scheduled for late next year and a go-live date projected for late 2017
12/14/2015
Fitch Affirms J. Safra Asset Management's Ratings at 'Highest Standards'; Outlook Stable
The rating affirmation of J. Safra Asset reflects its well-formalized and consistent practices for investment process, risk controls and compliance, in addition to its robust and segregated structures for fiduciary administration and custody, in line with
12/11/2015
Swift to launch global payment innovation project
The platform is due to launch early next year.
12/08/2015
OnBase by Hyland Named a ‘Best-in-Class’ ECM Solution for Wealth Management
Hyland rated as a ‘Best-in-Class’ solution for content management and enterprise operations support
12/07/2015
John Hancock Investments adopts state-of-the-art liquidity stress testing across its mutual fund lineup
"The 2008 financial crisis and subsequent regulatory changes put a premium on identifying liquidity-related risks before they become a problem," said Andrew G. Arnott, president and CEO.
12/04/2015
Facebook's Chief Technology Officer just joined the board of a robo adviser
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.
12/03/2015
Members of Congress Slam Robo Advice
One negative consequence, according to Pocan, is the idea that robo advisors could be used as a primary source of advice by investors
12/03/2015
Collins Barrow Toronto Launches e-Tool for High Net Worth Individuals
Collins Barrow Toronto has launched a new tool that empowers high net worth individuals, helping them understand their financial outlook.
12/02/2015
Facebook's Zuckerberg announces plan to donate 99% of his Facebook wealth to charity
The couple also said they are starting the Chan Zuckerberg Initiative, an organization to manage their money and “promote equality for all children in the next generation.
12/02/2015
Robo-adviser Wealthsimple to acquire ShareOwner Investments
Online portfolio manager Wealthsimple is gaining ground among competitors as it acquires online brokerage Canadian ShareOwner Investments Inc.
12/01/2015
Report: Yahoo Board Meets To Discuss Potential Sale Of Company
Institutional investors pressure Mayer and Board to consider options.
11/27/2015
The Old Lady Pondering New Technology
Everyone knows that the modus operandi of the Californian technocracy is to look for a regulated industry and try to disrupt it with unregulated competition.