04/06/2018
A former portfolio manager at Steve Cohen's Point72 is setting out to launch a $50 million crypto hedge fund
The market for crypto hedge funds has been under pressure as the underlying digital coin market continues to shed billions.
FinTech
04/05/2018
Wall Street’s Big Banks Are Waging an All-Out Technological Arms Race
Dimon, Blankfein, Gorman: Three great rivals are battling to control the $58 billion-a-year equities industry.
04/02/2018
Robos are Going After Bigger Clients
The automated advice firms are clearly attracted to the higher fees they can garner from the additional services offered to wealthier clients, Bloomberg writes.
03/28/2018
Merrill Lynch puts a new face on its retirement tools
“Our goal was to make it more intuitive, interactive and simple to tee up the most important information based on our evaluation of how participants use the site,” says Lisa Margeson, head of retirement client experience for BAML.
03/28/2018
Robo-Adviser Startups Are Now Going After Wealthy Clientele
The product follows similar moves by two other robo-adviser startups in recent months.
03/28/2018
IFC Launches Digital Lab to Drive Nearshore Digital Transformation
The lab, staffed mostly with financial experts, will partner with IT consulting firm Accenture and persuade regional banks to harness cutting-edge financial technologies.
03/27/2018
IRESS unveils a string of wealth management technology collaborations following Fidelity Clearing Canada integration
"The IRESS team has shown a deep understanding of our business and worked closely with us to deliver a solution that meets the needs of our firm."
03/27/2018
How Law Firms Can Prepare for FinTech Wave
The innovations and industry disruption should have law firms snapping to attention.
03/27/2018
Robo-adviser Nest Wealth launches platform for small-business group RRSP plans
Nest Wealth, in partnership with Vanguard Investments Canada Inc., Morneau Shepell Ltd. and Canadian Western Trust, will allow companies to offer their employees group RRSP plans with fees under 1 per cent of assets administered through the plan.
03/27/2018
Citi To Roll Out New Features For Its iPhone Mobile App
What’s more – in what it said is a first for a national bank – Citi said the app will allow non-Citi clients to create a profile and connect their accounts across financial service providers
03/26/2018
SEI Enhances Technology for Improved Wealth Management Decision-Making
Organized End-Reporting, Investments and Advice Deliver Greater Insight to the Wealthy
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%.
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.