- Managers of Wealth - Europe -Wealth, private banking and asset management news and opinion

Northern Trust Appointed to Provide Asset Servicing Solutions to International Biotechnology Trust

Delivering Holistic Reporting, Trading and Administration Solutions for UK Investment Trust

Northern Trust Creates Digital Assets and Financial Markets Group

New Asset Servicing team unifies digital and traditional market functions.

The Tech Start-ups Sectors Dominating The UK In 2022

Despite the economic weight of the pandemic, entrepreneurs across the country have continued to take the plunge and launch their businesses, with more than 770,000 startups formed in 2020 alone.

Ousted Barclays CEO Turns £1 Million Into £600 Million Startup

One-time establishment banker Antony Jenkins is now looking to upend the finance industry

Meet InvestEngine: An ETF trading platform that just hit £70m AUM

Started by Gumtree founder Simon Crookall, over 10,500 investors are already using InvestEngine

Wealth Dynamix launches first simplified Client Lifecycle Management benefit calculator for Wealth Managers

The use cases include increases to prospect win rate and share of wallet via responsive nurture processes and opportunity management.

GoCardless launches new open banking features in Germany, amid projected rising adoption rates

For GoCardless merchants who use its direct debit service, Instant Bank Pay offers them an alternative to handling single non-recurring payments.

Wealth Wizards releases financial wellbeing app

Royal London is already using Turo Wellbeing to create a series of personalised journeys to help their customers improve their financial wellbeing and retirement prospects, through a guidance-only pathway.

Fintech helping advisers fulfil consumer duty lands £2.75mn

Using artificial intelligence, it can detect vulnerable customers by extracting information from client calls and automatically checking for signs of vulnerability.

Nucleus Finance launches new business loan to appeal to younger SMEs

The Nucleus Business Loan proposition replaces the SME lender’s Cash Flow Finance product.

Stripe to launch new bank transfer proposition in UK to take away "operational pain"

StrIpe’s new offering, already launched in Japan, is now being rolled out in the UK, EU and Mexico.

Instinet launches innovative digital private investment platform: Instinet DealMatch

Brings efficient access to private investment deals to a broader base of institutional investors.

New rules proposed for buy now pay later

taking a cut from sales - there may be additional charges if customers miss payments.

Encouraging innovation and managing risk in acquiring consumer health businesses

Buyers do not want those individuals distracted or demotivated by the prospect of having a warranty claim brought against them further down the line - buyers want to incentivise these individuals.

BIS Innovation Hub sets out new projects

The Innovation Hub will also expand its portfolio in the areas of green finance and supervisory and regulatory technology (regtech and suptech).

Regulation, (Competitive) Risk and Resilience Dominate the EMEA Transformation Agenda

Another key theme for the industry over the last decade or so has been regulation.

Aviva to implement open banking dashboard for pension clients with Bud

The idea is that the dashboard will act as a new capability that Aviva’s clients can offer to their pension scheme members and correlates very closely with the insights coming from its ongoing age of ambiguity studies.

German fintech Upvest raises $42m in Series B round

Upvest claims its API and core banking system help challenger banks and other banking players to “significantly save on the cost side since they do not need to develop their brokerage and custody infrastructure from scratch”.

Benefits of self-service in banking

This means that the more self-service functionality banks make available, the more positively customers will view the service they receive.

AllianceBernstein to deploy Allfunds Blockchain

The collaboration will offer Allfunds Blockchain solutions across AB’s EU domiciled-global platform.

FinTech