Managers of Wealth Americas

Putnam launches financial advisor blog

The Advisor Tech Tips blog is designed to have the latest applications that advisors can use and share with clients and to educate them on how to use them in the best possible manner.

Bank of America Merrill Lynch loss linked to options error: WSJ

Bank of America Merrill Lynch sustained a loss of nearly $10 million on Friday due to an "operational error" in handling of stock option trades known as dividend trades by the company's Merrill Pro unit, the Wall Street Journal reported on

Iran Behind Cyber-Attacks on U.S. Banks

A hacking group has claimed responsibility for the attacks claiming they were motivated by the anti-Islamic video, but senior officials claim these attacks have been ongoing and include more than just banks:

Morgan Stanley support staff to get bonuses tied to tech issues

Morgan Stanley Smith Barney is giving several thousand of its support staff bonuses as high as $5,000 each to thank them for helping the brokerage through its recent technology integration, sources familiar with the matter said.

BBVA Receives an “Innovation in Banking Technology” Award

The Dodd-Frank Act also requires that recordings have enough context and detail to truly understand the interaction that took place. In order to reliably detect rare events in such a large volume of interactions, an extremely accurate and complete method

Macquarie Private Wealth Rolls Out PriceMetrix ValueOne

PriceMetrix ValueOne is a subscription-based practice intelligence solution that enables Financial Advisors to achieve measurable performance improvements in their books.

Ares Management Successfully Completes Form PF Filing Using SS&C GlobeOp’s Form PF Solution

SS&C Technologies today announced Ares Management has successfully completed its initial filing of Form PF in line with the August deadline, using SS&C GlobeOp’s Form PF reporting solution.

SS&C GlobeOp Top Rated in Seven Categories by Global Custodian

SS&C Technologies has announced the readers of Global Custodian magazine have voted SS&C GlobeOp as a 'top-rated' provider in seven categories

BofA Merrill Lynch Implements FTEN's RiskXposure

FTEN, Inc has announced that BofA Merrill Lynch has chosen FTEN's RiskXposure platform to enhance its European Cash Equities clearing business.

Movenbank appoints new President

He will be responsible for delivering Movenbank’s vision of creating personally relevant, social financial services that will be delivered entirely through mobile and online digital channels.

SunGard’s Investor’sView Named Best-in-Class in Three Categories

According to the CEB TowerGroup report, “Portfolio Management Systems Technology Analysis” is tailored to reflect the needs of the end-user to diagnose the technology attributes particular to a firm, and to identify vendor products that align

The Elevation Group Launches New Financial Membership Website

Since December of 2010, The Elevation Group has strived to share a new -- and alternative -- way of investing in a world where traditional financial advice simply no longer work.

1 in 5 IT Staff Have Accessed Executives’ Confidential Data

IT professionals are allowed to roam around corporate networks unchecked, according to a survey of more than 450 IT professionals released by Lieberman Software Corporation.

Leading solutions provider to Private Banks & Family Offices inks partnership with Vizit

Collaboration Results in a Full-Featured Document Management System, Adding a New Dimension of Personalization to Advisor/Client Communication

Advent Delivers Integrated Rebalancing Solution for Black Diamond Advisory Clients

Advent Software has announced the availability of a multi-custodial rebalancing solution for its Black Diamond platform.

Advent Software Announces Second Release of Advent's Platform for Asset Management in Beta

Advent Software has announced the beta release of major enhancements to its cloud-enabled, end-to-end platform for asset and wealth management enterprises.

Advent Augments Syncova with Collateral Management for IRS

Advent has announced it will launch a new interest rate swaps (IRS) package for its Syncova platform.

Allston Trading Hires Ex-SunGard Global Trading Exec as CEO

Allston Trading has announced that it has appointed industry veteran Raj Mahajan, 39, as Chief Executive Officer.

SS&C GlobeOp Announces Successful Form PF Filing for Clients

August 29th was the first deadline for funds of over $5 billion in regulatory assets under management (RAUM) to file Form PF with the Securities and Exchange Commission.

MSSB introduces first upgrade of its new trading platform

Retail borkerage and wealth management business firm Morgan Stanley Smith Barney (MSSB) has introduced the first upgrade for its new trading platform in a bid to deal with some problematic issues indicated by the financial advisers.

FinTech