06/05/2018
BBVA Compass Adopts SEI Wealth Platform
Unified Platform Supports Firm's Digital Strategy, Continued Relationship Fosters Mutual Growth
FinTech
06/04/2018
SST Awards 2018: Best Outsourcing Provider to the Sell Side—Broadridge Financial Solutions
As part of its bid to engage customers, Broadridge has transformed its outsourcing dashboard to attract the next generation of clients.
05/31/2018
Principal Financial Group Acquires Digital Advice Platform
The $670 billion AUM Principal Financial Group has been working with the fintech provider since last year. RobustWealth will continue to license the platform to firms outside Principal.
05/30/2018
J.P. Morgan Launches Enhanced Digital Target Date Compass Program
An Industry-Leading Program to Evaluate and Select Target Date Funds Gets Even Better
05/30/2018
Artivest and RBC Wealth Management launch alternatives platform for HNW
The platform also provides a streamlined process to complete the investment subscription process making it easier to bring alternatives into investors' portfolios.
05/29/2018
Cyber crooks claim to hit two big Canadian banks
Bank of Montreal and Canadian Imperial Bank of Commerce (CM.TO) said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers
05/24/2018
Virtual reality in wealth management? It's happening
VR and its cousin, augmented reality, are just two of the latest gaming technologies seeping into wealth management.
05/23/2018
Pershing selected as custodian for new $600 million RIA
Pershing Advisor Solutions has powered Dakota advisors transition to the new firm platform.
05/18/2018
The innovation wave for banks by Profile Software
Latest technology and methodologies are utilised in its digital banking offering with a number of successful implementations around the world.
05/18/2018
Canadian £1.2bn robo targets UK pension wealth
The robo-adviser has raised £122 million in funding from investment firm Power Financial Group.
05/15/2018
Profile introduces Axia Robo Advisor that delivers unique automation to address new markets
The firms benefit, among others, from the sheer automation and flexibility of the platform to manage the full advisory process, its low operating cost and fast client acquisition while delivering “independent” advice with transparency.
05/14/2018
StatPro signs cloud conversion and extension deal for top 10 global fund administrator
Fund administrators are increasingly required to provide a wide range of complex technologies to deliver the services that asset managers need.
05/10/2018
Bloomberg & Galaxy Digital Capital Management Introduce Bloomberg Galaxy Crypto Index
The BGCI is market capitalization-weighted and measures the performance of ten USD-traded cryptocurrencies, including Bitcoin, Ethereum, Monero, Ripple, and Zcash.
05/09/2018
Schwab ramps up RIA tech and digital innovation
Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs.
05/09/2018
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
His startup, Xapo, has built a network of underground vaults on five continents, including one in a decommissioned Swiss military bunker.
05/04/2018
Bitcoin trading comes to Goldman Sachs after investment bank hires first cryptocurrency trader
The operation, led by the firm's first ever "digital assets" trader Justin Schmidt, is expected to begin within the next few weeks, though an exact date has not been set.
05/03/2018
Amazon CEO Implies Spending His Billions on Space Travel Is Philanthropic
Unabashedly, Bezos responded to Dopfner’s query, saying “The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it.”
05/03/2018
Why Even U.S. Wealth Managers Should Care About GDPR
The implementation of GDPR may seem scary, but it really isn’t all doom and gloom.
05/02/2018
CAIS Selects SEI
Strategic Relationship Significantly Enhances Advisor and Fund Manager Transaction Experience by Intelligently Digitizing Subscription Documents and Automating Manual Processes
05/01/2018
Peter Thiel-Backed Venture to Help Big Investors Bet on Bitcoin
Tagomi expects to be the equivalent of a broker-dealer, executing orders to buy or sell cryptocurrencies