04/21/2017
National Bank takes minority stake in robo-advisor Nest Wealth
Canada's big banks have been ramping up their investments in technology in the face of competition from low-cost robo-advisers and other technology providers.
FinTech
04/19/2017
Asset Vantage Acquires Financial Navigator
The two companies have a combined customer base exceeding 300 families globally.
04/18/2017
Bank of America Customers Have Sent $8 Billion in P2P Payments
Zelle itself reported that its network has already processed $55 billion in customer transactions from its 20 bank partners.
04/18/2017
Pegasystems launches AI-powered bot
Pega Intelligent Virtual Assistant comes preconfigured to extend to Facebook Messenger, Alexa, and Google Home.
04/13/2017
Harvest Exchange and Partner to Enable Content Sharing Across Financial Services
The partnership introduces Harvest content, which is provided directly by the world's most sophisticated and influential investment organizations, into the Symphony ecosystem.
04/12/2017
SS&C Learning Institute Selected as Exclusive Provider of Certified Portfolio Manager (CPM(R)) Program
The goal of the program is to enhance and refresh portfolio managers' skills in asset valuation, portfolio construction, and risk management.
04/12/2017
Majority of SMEs in the US and Europe Ready to Switch Banks for Offer of Real-Time Payments, says ACI Worldwide
Last year EBA Clearing selected ACI as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit scheme.
04/12/2017
Chicago Family Offices Invest In Startups
That said, they're more opaque than other types of funding.
04/11/2017
LendingRobot launches fund for institutional investors in P2P and marketplace lending
Launched just two months ago LendingRobot Series has already received a third of its current subscription limit, the firm says.
04/11/2017
Level Four Advisory Services Launches Enterprise-Wide Digital Advice With Trizic
“Trizic offered us all of that and more, which made them an obvious partner for Level Four.”
04/11/2017
Asset Manager Fidelity to Join Blockchain Group IC3
IC3 was founded to pursue the development of blockchain technology applications
04/07/2017
SS&C Celebrates Black Diamond Wealth Platform 1,000 Client Milestone
These firms selected Black Diamond to help strengthen their client relationships, reduce their back-office overhead, and drive efficiency and productivity.
04/07/2017
As everyday banking goes digital, branches need higher touch
And in the digital age, when individuals are used to getting answers online quickly, they also expect quick resolution of the in-person query as well.
04/07/2017
First Rate Announces Partnership with Wealth Access
It allows for on-demand reporting in a digital experience that is unmatched in the industry
04/07/2017
LendingClub’s Ousted CEO Renaud Laplanche Is Launching a New Online Lender
It said investors also included large Chinese lender CreditEase and Noah Holdings, an investment management firm.
04/06/2017
Approaches to investment performance at insurance companies: An analysis By: Lorne Whitmore
Their performance measurement requirements are quite different from those of investment management organizations.
04/06/2017
New insurance covers cyber risks for the wealthy
The Private Client Group caters to families with a net worth of more than $1 million and includes 40 percent of the individuals on the Forbes 400 list of the richest Americans.
04/06/2017
BlackRock CEO Larry Fink Says He Is Not Replacing Humans With Robots
Still, even with Fink's commitment to retaining human insight over computing power, the industry’s shift toward automation is already underway and seemingly inevitable.
04/05/2017
White Paper 'Demystifies' the Cloud for Wealth Managers
Cloud computing has fast become the 'new normal' in IT
04/04/2017
LendUp’s Focus On The “New Average” Consumer
LendUp’s first product was an emergency loan product that addressed a core value proposition: immediacy.