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

IBM wins $1.1 bn deal from Spain’s Banco Sabadell

Spain’s Banco Sabadell has selected IBM for a 1 billion euro ($1.11 billion) overhaul of its IT systems over the next ten years.

Edgelab becomes first whitelabel partner for new Avaloq Wealth Platform

Edgelab empowers private banks to achieve long-term success by providing them technology solutions

Why the world is due a revolution in financial education

If more consumer purchase solutions start leveraging blockchain technology in the same way, the payoff will – quite literally – be huge!” he wrote.

GBST adds investment pathways functionality

GBST says the new functionality will launch with an updated version of Composer by the end of March.

Are Corporate Actions Being Treated Fairly? by William Rouse, Contemi

At a time of unprecedented change, when recurring demands are made on firms’ data management, processing and reporting capabilities, nobody wants to add to their operational burdens.

Cybersecurity Threats Call for a Global Response

Different public agencies within a country need to communicate seamlessly. And most challenging, information sharing between countries must improve.

Making financial planning and portfolio management easier by Focus Solutions

Why tech integration is not to be feared but embraced

Latest robo-adviser to shut its doors

Ms Mackay said the challenge faced by many robo-advice firms was the heavy cost of advertising and marketing to acquire new customers.

Fidelity gives Bitcoin the green light as fund manager takes on its first crypto client in London

As custodian Fidelity will be responsible for Nickel’s customers assets, protecting them from theft.

Banks and fintech are best of frenemies in CEE

Banks in emerging Europe are touting their fintech programmes and credentials, but is the enthusiasm reciprocated by the startup community?

Calligo Expands European Cloud Reach With Ireland Acquisition

Calligo’s portfolio of services includes public and hybrid clouds, IT managed services and data analytics and artificial intelligence services, all supported by specific customer assistance with national, international and industry-specific data pro

NORD/LB migrates New York, Singapore and Shanghai branches to Avaloq Banking Suite

NORD/LB Luxembourg Covered Bond Bank generates competitive refinancing for NORD/LB group's core lending business through the issuance of high-quality covered bonds.

Mendix supplies Rabobank with Low-Code platform to Build New Core Online Banking Application

New online portal leverages low-code's speed and flexibility

European Digital Bank Qonto Expands to Germany, Also Serving France, Italy, and Spain

The service had previously been soft-launched in Germany in 2019 so that customers could test it out and provide feedback about what needs to be improved.

Citi's investment arm to hire 2,500 coders

JP Morgan is on track to spend $11bn on technology this year, while Bank of America has said it spends about $10bn on tech.

DWS buys stake in UK AI firm in hunt for alpha

Deutsche Bank’s asset management arm has acquired a substantial stake in a technology firm making use of AI to attempt to predict stock price movements.

Did London Stock Exchange suffer a cyber attack?

Trading on the London Stock Exchange was delayed for more than an hour on 16 August, the longest outage in more than eight years.

How Technology is Helping Traditional Banks to Modern Online Banking

As consumer-driven capabilities like mobile deposit and peer-to-peer transfer have grown, these core banking systems have had ad hoc updates

Former Barclays Head Of Tech Announces The Launch Of A Digital Banking Venture

Through Ziglu, users will be able to spend cryptos that they hold using their Mastercard debit card associated with the account.

CaixaBank launches the blockchain platform we.trade

One of the first European banks to add blockchain to its service catalogue

FinTech