Managers of Wealth Americas

Banks Spend More To Fend Off FinTechs

Banks cut expenses during the pandemic, and the boost from stimulus funds left some FIs with a cash reserve.

US banks ramp up spending on talent and technology

Costs at largest US lenders jumped 10% in most recent quarter as industry fends off competition

Daloopa Closes $20M Series A to Automate Data Extraction for Financial Institutions

Data extraction often is a repetitive, complex, technology-less process in a large number of financial services roles where hundreds of thousands of highly-skilled professionals collectively spend millions of hours each year typing data from a file into a

SS&C Accelerates Straight-Through-Processing with New Release of its Chorus Platform

Clients respond enthusiastically to new AI-driven enhancements and low code design capabilities

Citi Latin America Announces Rollout of the Citi Digital Account

Upgrade to CitiDirect BE® Digital Onboarding is Latest Step in Digital Transformation

SS&C GlobeOp Hedge Fund Performance Index

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.39% in July.

Fifth Third Bank to replace inhouse developed core platform with FIS

The bank will deploy FIS Unity, a leading-edge global wealth management platform that is fully integrated with FIS trust accounting

Fidelity Digital Is Expanding Workforce By 70% Due To Crypto Demand

Fidelity Investments is a Boston-based firm that oversees over $10T in assets under management.

Grayscale Investments Forges Agreement with BNY Mellon to Provide Asset Servicing and ETF Services for Grayscale Bitcoin Trust

The agreement will offer Grayscale improved scalability, resiliency, and automation through BNY Mellon's market-leading platform

Digital banking at US Bank sped up during pandemic

To help manage social distancing as U.S. Bank began to reopen their lobbies last year, it asked customers to make appointments with bankers.

Morgan Stanley customer data exposed though Accellion FTA vulnerability

The documents contain stock plan participants' names, addresses, dates of birth, social security numbers and corporate company names.

China Renaissance Selects Broadridge to Expand Post-trade Processing via Stock Connect

This expansion is in addition to the Hong Kong-listed equities processing Broadridge successfully has provided to China Renaissance since 2016.

Chubb Survey Finds Consumer Behaviors Toward Cyber Security Remain Unchanged Despite Increasing Risk

In the face of compounding cyber risks related to the COVID-19 pandemic, individuals' concerns are mounting but have not yet resulted in action

Goldman Sachs: Ethereum May Surpass Bitcoin as Store of Value, But Not Gold

Analysts at Wall Street investment bank Goldman Sachs have reaffirmed their bullish stance on the world’s second-largest crypto asset, Ethereum.

Diligend and eVestment Align to Automate the Due Diligence Process

The platform enables one-to-one, periodic and ad-hoc data collection efforts which can be difficult to manage as the information is often tied to individual, static documents.

Canadian software company aquires Financial Services technology specialist

Altus is the first European acquisition for Equisoft, and will maintain its current operations and services, as both companies will focus on leveraging their respective strengths to pursue growth opportunities. According to Altus Managing Director, Kev

FinTech