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

European financial institutions lose almost two thirds of applicants during onboarding

This year’s survey findings indicate a growing expectation gap between demographics.

Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk

This will enable lenders to build more sustainable lending models, in the wake of unprecedented economic turbulence.

TSB partners with robo-adviser Wealthify

Wealthify, which is backed by Aviva, has seen an 85 per cent growth over the year in client numbers, now boasting more than 30,000 active customers.

Profile Software's latest Axia release offers advanced onboarding and new client portal

Current times call for remote working, communication, and networking

Dynamic Planner adds cash flow planning tool

Firm claims it takes ‘miscalibration risk out of the equation’

Nucleus acquires service company to take tech in-house

The deal has been funded from the platform’s existing reserves and is expected to complete by the end of the year.

Increasing consolidation will lead to rapid digitalisation in corporate services, trusts and fund administration

The survey also found that expectations of end clients are rising, with 2 out of 3 respondents saying their clients want a greater digital experience and, as a result, 69% of firms now plan to digitalise their business and client engagement in the next 2

UK-France-based fintech raises £2m

When the mobile app launches users will be able to buy equity tokens directly in the app, allowing them to become shareholders in their own bank.

The State Of AI Adoption In Financial Services

Strengthening customer relationships by providing exciting new services that protect everyone's health while saving valuable time is proving to be the financial services' greatest challenge.

Swiss National Bank and BIS announce digital currency trial by 2020 end

The trial will also allow the banks to see how the technology syncs with existing payment systems, as well as providing more effective routes to monitoring compliance.

Banks roll out robots as pandemic shakes up IT plans

It is a pattern that has played out across banks globally, where technology changes that would usually take months were done in a matter of days.

Sionic and Funds Europe announce the FundTech 2020 Award Winners

Funds Europe will be publishing an Awards Supplement to record the achievement and promote the winners to our readers and wider industry.

Embracing Digital Transformation in UK Workplace Pensions

Processes that supported lower volumes well enough may quickly come apart at the seams when put under pressure.

Avaloq pairs with Investment Navigator for wealthtech compliance

The two Swiss-based tech companies are partnering to simplify investment advisory compliance for wealth managers.

Bankmed embarked on digital transformation with Acumennet

Acumennet has been deployed as a Front-Middle-Risk Treasury system across a comprehensive spectrum of asset classes

Banks roll out robots as pandemic shakes up IT plans

It is a pattern that has played out across banks globally, where technology changes that would usually take months were done in a matter of days.

LendInvest Engages SS&C for Fund Administration

European property finance platform converts operations to SS&C’s full-service platform

TORA launches new generation Portfolio Management System

The real time general ledger (GL) will deliver trial balances, a full balance sheet and income statements.

Danske Bank: The right fit - a big bank with local expertise

Danske Bank has been working to assist customers through the crisis, as well as lending around £450m here over the last few months as part of key UK Government initiatives to support companies through this difficult period.

UBS to Invest $200M in Fintech Firms

Already, “several direct investments are in evaluation” by UBS, it said, but didn’t name any of the firms it set its sights on.

FinTech