03/26/2018
Fund managers stick with Facebook but order change
That has hurt Facebook's legion of fund manager backers, who have been enthusiastic buyers of the shares after their flotation in 2012, since when they have risen by more than 300%.
FinTech
03/25/2018
JPMorgan Contemplates Shifting Quorum Blockchain Project
The primary intention of the project is to build a customized digital ledger for clients. At present, enterprise companies using the customized digital ledger include heavyweights like Microsoft and Pfizer.
03/25/2018
Zuckerberg apologises with full-page newspaper ads
'This was a breach of trust, and I’m sorry we didn’t do more at the time.'
03/23/2018
What to make of Morgan Stanley's new robo
The brokerage's focus on digital could be a way to retain younger clients or an effort to catch up with Merrill
03/23/2018
Integration Update: Everysk Technologies and Black Diamond now available
Black Diamond is revolutionizing the wealth management experience with innovative, cloud-based tools that strengthen connections with clients and prospects.
03/23/2018
SS&C Outsourcing Services makes the 2018 IAOP Global 100 List
The entries are then reviewed by a prestigious panel of expert judges from industry, financial services, and academia.
03/22/2018
Amazon in wealth management? What about Costco or Target?
“People may roll their eyes in the land of wealth management and financial services, but it’s no longer a place for just banks. They don't own it anymore,”
03/22/2018
Trade war top among global investor fears: BofA-ML survey
The emergence of trade war as a top concern comes at a time when US President Donald Trump has announced that he would impose tariffs on steel and aluminium products. Read more at: //economictimes.indiatimes.com/articleshow/63401288.cms?utm_source=conte
03/22/2018
SS&C Advent Genesis recognized in Fund Technology awards
This recognition tracks well with the reception Genesis has received from clients upon its debut.
03/21/2018
SEI and Quovo enter into partnership for data platform
Technology to Increase Transparency, Provide Seamless Client Experience
03/21/2018
Private Wealth Systems Expands LATAM Presence
A family office in Latin America selects fintech innovator for account aggregation and multi-asset portfolio management.
03/21/2018
AlphaCore Capital launches new factorE wealthtech tool
AlphaCore Capital, a La Jolla-based wealth management firm, has launched factorE, a wealthtech tool powered by machine learning, designed to uncover the risks and exposures of multi-asset portfolios through visual simulations on a single interface.
03/21/2018
Merrill Lynch Makes Surprising Technology Addition to US 1 List
The company designs, develops and supplies semiconductors and collects royalties on wireless handheld devices and infrastructure based on its dominant position in CDMA and other related technology patents.
03/21/2018
BMO Wealth Management Adopts SEI Wealth Platform
Unified Platform Continues Market Momentum in 2018, Providing Scalable Solution to Support Firm's Focus on Growth
03/20/2018
Digital wealth management platform adds powerful direct indexing to Wealth Platform
"Our direct indexing feature empowers advisors to customize client portfolios in a tax-efficient manner."
03/20/2018
NorthCoast Asset Management Selects SS&C
Independent RIA chooses SS&C's Global Wealth Platform and outsourcing services to modernize and streamline their investment operations
03/15/2018
Optimizing Investment Banking Costs, Banca Is Shaping Crypto Asset Management
The analysis of big data provides ratings for each member’s business level, professional skills, and reliability.
03/15/2018
Artificial Intelligence Hedge Funds Had Worst Month On Record
The Hedge Fund Research index, tracking all discretionary funds, posted a 2.4% decline for February.
03/15/2018
ALM Intelligence Identifies Best Innovation Strategy Consultants
The most immediate repercussion is a ratcheting up of clients' prioritization of speed to measurable outcomes.
03/13/2018
Swarm launches first major update to Swarm Asset Management Network Alpha
Swarm, a blockchain for private equity and hedge fund investments, has launched the first major update to the Swarm Asset Management Network Alpha.