Managers of Wealth Americas

Clearview AI agrees to restrict sales of facial recognition technology

The settlement reigns in a technology criticised for threatening Americans' privacy rights.

How Citizens Financial used an iPhone plan to create a nationwide digital bank

Banks are facing competition from fintech players, big tech and retail as all eye the financial services and payments space

Most Institutional Investors Embrace AI, Big Data

Around 84% of institutional investors would invest in a fund that relies primarily on artificial intelligence for portfolio selection, according to the CFA Institute.

Institutional Investors Exit Crypto Market As Price Continues To Decline

Although the market has had a similar inflow at the beginning of the year, Coinshares’ data indicates that this has not been reversed. Because at the start of 2022, the influx is estimated to be roughly $467 million. That is a $128 million differenc

Panama and Cuba ratify laws to regulate cryptocurrencies

Banco Galicia opens investments in Bitcoin and cryptocurrencies in Argentina.

SS&C Announces 1H2022

This release furthers our investment in areas that give users more transparency into their data and the ability to more quickly and confidently manage workflows to ensure predictable outcomes.

SEC Nearly Doubles Crypto and Cyber Enforcement Staff

The Crypto Asset and Cyber Unit will increase to 50 positions; Commissioner Hester Peirce questioned why the commission was “leading with enforcement in crypto?”

Cauris Selects SS&C as Strategic Loan Servicing Partner

Cauris leverages DeFi and blockchain to provide access to institutional-grade investment opportunities in companies expanding access to financial inclusion.

Private Market Investing Accelerates as Interest Rates Rise

Specifically regarding technology, look for firms who are using advanced AI technologies

Practifi Unveils Brand Evolution and Expanded Platform Capabilities for RIAs and Enterprise Firms

Practifi Sets Sight on Powering the Future of the Wealth Management Industry.

SS&C Technologies Releases Q1 2022 Earnings Results

Q1 2022 GAAP revenue $1,295.0 million, up 5.0%, Fully Diluted GAAP Earnings Per Share $0.64, down 1.5% Adjusted revenue $1,296.2 million, up 4.9%, Adjusted Diluted Earnings Per Share $1.25, up 5.9%

Broadridge's LTX AI-Powered e-Trading Platform Launches New Buy-Side Advisory Group

Advisory Group will consist of senior credit traders from AllianceBernstein, American Century Investments, BlackRock, Invesco, MetLife Investment Management, PIMCO, and PineBridge Investments

RBC Clearing and Custody unveils tech platform

RBC Nexus centralizes all these functionalities, and more, at no additional cost.

SS&C GlobeOp Forward Redemption Indicator

Indicator data is based on actual investor redemption notifications received.

OneVest Raises CAD $5 Million and Launches Canada’s First Embedded Wealth Management Platform

TD Bank Group creates South Florida tech hub to accelerate digital transformation

Plans to add 200 roles in the region, elevated by its new relationship with the Alan B. Levan | NSU Broward Center of Innovation, to support the Bank's goal to hire 2,000 tech roles.

US Bank forms real-time payment collaboration with Apex Fintech Solutions

Real-time payments are expected to be available for brokerages using the Apex platform in the third quarter of 2022.

SEI's Collective Investment Trust Business Surpasses $200 Billion In Net Assets

Growth Reinforces Value of SEI's Comprehensive CIT Trustee Services and Turnkey Operational Platform

SEI’s Collective Investment Trust Business Surpasses $200 Billion In Net Assets

Growth Reinforces Value of SEI’s Comprehensive CIT Trustee Services and Turnkey Operational Platform

Oliver Wyman invests in data firm Blue Orange Digital

Blue Orange’s more than 50 professionals support clients in a range of industries, including financial services, healthcare, energy, agriculture, and construction.

FinTech