05/02/2017
Envestnet Launches New Analytics Suite
The introduction of Envestnet Analytics kicks off the company's annual Advisor Summit, where data and analytics will be a central theme this week.
FinTech
05/01/2017
IRESS delivers next generation wealth technology platform to Echelon Wealth Partners
The complete IRESS wealth management solution incorporates integrations with Broadridge Dataphile through Fidelity Clearing.
04/29/2017
JP Morgan Chase exits R3 blockchain consortium
In October, it was reported that JP Morgan was developing its own blockchain, called Quorum, on the Ethereum network.
04/29/2017
MetLife to invest $1 billion in tech to reach cost-savings goals
MetLife first unveiled its cost-cutting plan last summer, saying it would save a gross $1 billion a year, partly through job cuts.
04/27/2017
BNY Mellon's Pershing Expands Third-Party Model Providers
The expansion of third-party model provider offerings, which include a range of ETF and mutual fund portfolios
04/27/2017
MASECO Private Wealth Selects InvestCloud
It was also the first financial services firm in the UK to be awarded B Corporation status, which recognizes companies pursuing social good.
04/27/2017
WisdomTree and AdvisorEngine Strengthen Advisor Growth Program Through Key Technology Acquisition
In November 2016, WisdomTree made a $20 million minority equity investment in AdvisorEngine
04/25/2017
iCapital Network Expands Online Platform to Serve Accredited Investors
iCapital also provides extensive due diligence and educational support for the affluent investor and financial advisor communities.
04/24/2017
Kevin Diao of Meixin Global in Forbes 2017 30 Under 30 List
The list features 300 success stories across 10 different categories.
04/21/2017
BMO Harris Bank Launches FinTech Partnership Program with 1871
Fintech companies from across the Chicagoland area are invited to apply before May 15 for one of the six placements.
04/21/2017
National Bank takes minority stake in robo-advisor Nest Wealth
Canada's big banks have been ramping up their investments in technology in the face of competition from low-cost robo-advisers and other technology providers.
04/19/2017
Asset Vantage Acquires Financial Navigator
The two companies have a combined customer base exceeding 300 families globally.
04/18/2017
Bank of America Customers Have Sent $8 Billion in P2P Payments
Zelle itself reported that its network has already processed $55 billion in customer transactions from its 20 bank partners.
04/18/2017
Pegasystems launches AI-powered bot
Pega Intelligent Virtual Assistant comes preconfigured to extend to Facebook Messenger, Alexa, and Google Home.
04/13/2017
Harvest Exchange and Partner to Enable Content Sharing Across Financial Services
The partnership introduces Harvest content, which is provided directly by the world's most sophisticated and influential investment organizations, into the Symphony ecosystem.
04/12/2017
SS&C Learning Institute Selected as Exclusive Provider of Certified Portfolio Manager (CPM(R)) Program
The goal of the program is to enhance and refresh portfolio managers' skills in asset valuation, portfolio construction, and risk management.
04/12/2017
Majority of SMEs in the US and Europe Ready to Switch Banks for Offer of Real-Time Payments, says ACI Worldwide
Last year EBA Clearing selected ACI as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit scheme.
04/12/2017
Chicago Family Offices Invest In Startups
That said, they're more opaque than other types of funding.
04/11/2017
LendingRobot launches fund for institutional investors in P2P and marketplace lending
Launched just two months ago LendingRobot Series has already received a third of its current subscription limit, the firm says.
04/11/2017
Level Four Advisory Services Launches Enterprise-Wide Digital Advice With Trizic
“Trizic offered us all of that and more, which made them an obvious partner for Level Four.”