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

UK banks are getting tough on crypto, but money-laundering rules are the real problem

Both Morgan Stanley and Goldman Sachs are now offering their wealth management clients the opportunity to invest in bitcoin.

Cryptocurrencies lose their anonymity in Ireland

The rules apply to any firm that exchanges virtual assets for either fiat currency or other virtual assets, as well as those that provide custodian wallets or other support services for cryptocurrency purposes.

Behind the Idea: AutoRek

Although there were no high-profile failures, data loss incidents or security breaches, business leaders understand now that improvements need to be made to strengthen future lines of defence.

Banking: What It Takes to Be Customer-Centric

Five industry experts share their opinions on why customer-centricity has become a strategic necessity for banks.

SS&C Announces 1H2021 SS&C Advent Product Updates

The April 2021 release leverages best-of-breed technology, offering clients forward-looking technology to streamline reporting, enhance efficiencies, and provide greater accounting functionality to optimize their business operations.

WealthTech Talks: From Agile Development to Agile Business

Agile was designed to emphasise flexibility through the project lifecycle, allowing teams to react quickly to new insights or changes in the project scope.

Are the cost barriers-to-entry for wealth platforms falling?

Although still a challenge, as technology catches up with market requirements on both the client and provider side, wealth firms are now well positioned to introduce or add a platform without ‘breaking the bank.’

Zurich IAM and fintech launch daily tradable crypto strategy

Belvoir is an independent asset manager from Zurich and Speedlab is a fintech from Cham.

How big a toll will digital insurance services take on traditional premiums?

As customers renew their policies with more data-driven offerings, US$140 billion of current insurance revenues could shift from traditional to tech-enabled insurance products, including behaviour-based insurance for vehicles and smart homes.

EU takes lead on AI laws

Netflix’s stalling growth, UiPath IPO, Apple ransomware attack

France becomes first EU country to introduce a digital travel certificate

French citizens who have taken a Covid test will now receive a text or email from the lab with a document featuring a QR code, which can be scanned to upload test results (both PCR and antigen) directly to the app.

Banks enhance UX by accelerating investment in digital technologies

Industry analysts predict the pandemic will only help these new, digital trends become a reality faster.

Banca Sella and Workinvoice form open banking partnership

The collaboration between Banca Sella and Workinvoice will provide the bank’s corporate customers with customer centric convenient solutions to finance their working capital.

Banco Santander migrates 60% of IT infrastructure to the Cloud

Santander is also using cloud to support the development of its most disruptive payment services with PagoNxt, a new, autonomous cloud-native company the bank has created.

IntellectEU launches AI platform for 'hyper-personalisation' in wealth management

Traditional asset managers aim for a minimum capital requirement of 200,000 to 300,000 euros for which personalized investment advice is provided.

Aegon Asset Management selects Clearwater SaaS

Clearwater’s solution will help Aegon AM streamline their data, investment accounting and reporting globally.

HSBC adds live chat to robo-advice platform

Live chat will be available Monday to Friday from 8am-8pm, and Saturday and Sunday from 9am-5pm.

Tales From The Crypto

Are cryptocurrencies finally moving from fad to fundamental asset type? We take a look at why you might want to get involved, and the risks to steer clear of.

London-based wealthtech Bite Investments bags funding for its alternative investment platform

“It is a testimony to how the financial industry and investor community are gravitating toward alternative investment opportunities, as well as digitalisation and its transformative value.”

Transact posts highest-ever quarterly inflows

Compared with our second quarter last year, our previous highest, gross inflows increased 27 per cent.

FinTech