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FinTech

07/16/2021

Daloopa Closes $20M Series A to Automate Data Extraction for Financial Institutions

Data extraction often is a repetitive, complex, technology-less process in a large number of financial services roles where hundreds of thousands of highly-skilled professionals collectively spend millions of hours each year typing data from a file into a

07/15/2021

SS&C Accelerates Straight-Through-Processing with New Release of its Chorus Platform

Clients respond enthusiastically to new AI-driven enhancements and low code design capabilities

07/14/2021

Citi Latin America Announces Rollout of the Citi Digital Account

Upgrade to CitiDirect BE® Digital Onboarding is Latest Step in Digital Transformation

07/14/2021

SS&C GlobeOp Hedge Fund Performance Index

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.39% in July.

07/14/2021

Fifth Third Bank to replace inhouse developed core platform with FIS

The bank will deploy FIS Unity, a leading-edge global wealth management platform that is fully integrated with FIS trust accounting

07/13/2021

Fidelity Digital Is Expanding Workforce By 70% Due To Crypto Demand

Fidelity Investments is a Boston-based firm that oversees over $10T in assets under management.

07/13/2021

Grayscale Investments Forges Agreement with BNY Mellon to Provide Asset Servicing and ETF Services for Grayscale Bitcoin Trust

The agreement will offer Grayscale improved scalability, resiliency, and automation through BNY Mellon's market-leading platform

07/12/2021

Digital banking at US Bank sped up during pandemic

To help manage social distancing as U.S. Bank began to reopen their lobbies last year, it asked customers to make appointments with bankers.

07/09/2021

Morgan Stanley customer data exposed though Accellion FTA vulnerability

The documents contain stock plan participants' names, addresses, dates of birth, social security numbers and corporate company names.

07/08/2021

China Renaissance Selects Broadridge to Expand Post-trade Processing via Stock Connect

This expansion is in addition to the Hong Kong-listed equities processing Broadridge successfully has provided to China Renaissance since 2016.

07/08/2021

Chubb Survey Finds Consumer Behaviors Toward Cyber Security Remain Unchanged Despite Increasing Risk

In the face of compounding cyber risks related to the COVID-19 pandemic, individuals' concerns are mounting but have not yet resulted in action

07/07/2021

Goldman Sachs: Ethereum May Surpass Bitcoin as Store of Value, But Not Gold

Analysts at Wall Street investment bank Goldman Sachs have reaffirmed their bullish stance on the world’s second-largest crypto asset, Ethereum.

07/07/2021

Diligend and eVestment Align to Automate the Due Diligence Process

The platform enables one-to-one, periodic and ad-hoc data collection efforts which can be difficult to manage as the information is often tied to individual, static documents.

07/06/2021

Canadian software company aquires Financial Services technology specialist

Altus is the first European acquisition for Equisoft, and will maintain its current operations and services, as both companies will focus on leveraging their respective strengths to pursue growth opportunities. According to Altus Managing Director, Kev

07/06/2021

Equisoft swoops for UK-based investment management solutions provider

“Equisoft grasped this immediately, committing to further investment in the product and to expanding its geographic coverage,” Okell commented.

07/06/2021

4 of 5 institutional investors to increase exposure to crypto

Almost 60% of respondents said cryptos and digital assets would continue to grow over the long term, which is why they want to invest bigger amounts in them.

07/06/2021

CoreVest Partners with SS&C for Automated Loan Servicing and Accounting

CoreVest is committed to investing in technology to scale our business and enhance the client experience

07/02/2021

Chase customers become instant billionaires

A Florida woman revealed how she found nearly $1 billion in her Chase account when she went to withdraw just $20 from an ATM

07/01/2021

Broadridge Acquires Innovative Compliance and Surveillance Solution for Broker-Dealers

The solution provides a combination of surveillance and regulatory reporting as well as compliance consulting capabilities for US regulations.

07/01/2021

Billion-Dollar Hedge Fund, Point72, Looking To Hire Lead for its Crypto Investment Arm

With the move, Cohen looks to stir back up the institutional craving for Bitcoin across Wall Street, which could kick start the bullish momentum in crypto once more.

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