Managers of Wealth Americas

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.

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

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.

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

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.

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.

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.

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

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.

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.

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

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.

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.

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

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

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.

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.

Fed Official Casts Doubt on Digital Dollar

Randal Quarles “skeptical” of the proposed benefits of a Federal Reserve-backed digital currency

Wells Fargo adds Theta Lake to fintech portfolio

Wells Fargo has bagged a stake in Theta Lake, a provider of compliance and security for modern chat, video and voice collaboration tools.

Senator Cynthia Lummis backs crypto for US retirement plans

Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans.

FinTech