07/20/2017
Acting Comptroller Noreika Addresses Challenges to OCC’s Fintech Charter
Acting Comptroller Noreika suggested that the OCC would seek to rely on other OCC chartering authorities not affected by the legal challenge.
FinTech
07/18/2017
SS&C Enhances DDJ Capital Management's Operations with PORTIA's SaaS Platform
We're seeing strong interest from companies like DDJ in SaaS and outsourcing service options
07/17/2017
Annual Study Finds Investment Firms Increase Operations and Technology Spending in 2017
Tech spending and compensation rise amid complex industry landscape
07/17/2017
Citigroup is staffing up for a new center that will unleash robotics throughout the bank
The bank is seeking talent spanning the seniority spectrum from junior engineers to senior vice presidents.
07/13/2017
Micro-investing startup Stash raises $40 million
Stash has developed a mobile app that seeks to make it easier for low-income consumers in the United States to start saving and investing.
07/13/2017
Advisor Group Planning Fourth Quarter Robo Rollout
Launched in Alliance with Jemstep; Eliminates Paperwork for Broad Range of Brokerage and Advisory Accounts Through Seamless Integration with Pershing and Envestnet
07/11/2017
iCapital® Network Secures Strategic Investment from UBS
Underscores value of market-leading technology in providing retail access to alternative investments
07/10/2017
Citi Pay lands in US with Masterpass
Online and in-app purchases will be enabled through Citi’s integration with Masterpass, which protects card data through tokenisatio.
07/10/2017
AppDynamics Fuels Innovation at ABN AMRO
Leading Dutch bank frees IT team to grow business
07/10/2017
TMI Trust Company Chooses SS&C Precision LM(TM) to Support Growth and Innovation in Corporate Loan Agency
The solution will provide more robust reporting and analytics, and will improve transparency and auditability.
07/08/2017
Millennials Reverse Mentor at Pershing
We have always believed that our monthly topic meeting has been one of the keys to success of the program.
07/06/2017
Boon Investments Brings Robo- Advisory Services to the World
DriveWealth believes that dollar-based investing will enable individuals to invest their monthly savings at an affordable rate which they control.
07/06/2017
SEI Expands Its Footprint in Family Office Services Arena
This announcement represents a modest shift in SEI’s long-held belief in purely organic growth.
07/06/2017
Former Bain Manager Launches $50 Million Bitcoin and Ethereum Fund
The first tranche of the fund, estimated to be valued about $10m, is in the final stages of closing, and is expected to be announced by the end of this month.
07/05/2017
China’s rich under-40s
On average, self-made billionaires’ wealth increased 29 percent.
07/05/2017
JPMorgan among potential Worldpay bidders
Shares in FTSE 100 payment processing firm jump by more than a fifth on bid talk
07/05/2017
How Do You Know What Your Robo is Doing?
RBC’s decision to put its Investor Gateway initiative on hold is not the first time a firm has rethought robo-adoption.
07/03/2017
New York private schools begin accepting tuition fees in Bitcoin
He predicts that the number is likely to rise as the popularity of cryptocurrency continues to grow.
06/28/2017
Even the most cutting-edge quant funds rely on old-school human intuition
Its chief investment officer has a PhD from Oxford with a focus on numerical optimization.
06/26/2017
Hedge Funds Are Crowding Technology, Is That A Good Thing?
Au’s observation is supported by a recent survey conducted by Bank of America Merill Lynch showing that the strong performance of hedge funds in months is driven by the crowded trade in technology.