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
FinTech
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.
07/01/2021
Fed Official Casts Doubt on Digital Dollar
Randal Quarles “skeptical” of the proposed benefits of a Federal Reserve-backed digital currency