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

Tenet advisers suffer ‘chaotic’ back office switch

“The problem is that with the new system in place, we cannot access the old system, cannot access that information.

FNZ completes acquisition of GBST

FNZ, a global platform as a service (PaaS) company, has completed the acquisition of Australian listed financial technology company GBST Holdings Ltd (GBST), a provider of specialist financial services technology to the capital market and wealth manageme

Germany’s Wirecard Buys Chinese Payments Provider

The cash flow from operating activities (adjusted) stood at EUR 486.8 million as of the reporting date of 30/09/2019. The free cash flow increased by 60.0 percent to EUR 411.8 million (9M/2018: EUR 257.3 million).

Broadridge Reports First Quarter Fiscal Year 2020 Results

The Company believes our Non-GAAP financial measures help investors understand how management plans, measures and evaluates the Company's business performance.

PSD2: The Open Banking revolution and its effects

The importance of PSD2 is linked not only to the radical transformation that it entails but also to the cross-cutting nature of the changes.

Russia Is About to Disconnect From the Internet: What That Means

Citizens hoping to visit Facebook, for example, might be redirected to Russian social network VK.

German Banks Want Crypto Euro

The paper comes in the heels of development and hype of Facebook’s Libra.

Fidelity ponders compensation after ESG glitch

The issue, first reported by the Sunday Times, caused problems for both the direct to consumer platform and the Fundsnetwork adviser system.

Santander snaps up majority stake in UK fintech Ebury for £350m

The global lender said Ebury will use £70m of the investment to enter new markets in Latin America and Asia.

Guernsey's fintech future…

Guernsey continues to thrive as a centre for financial services innovation, with the island’s businesses demonstrating their appetite not only to partner with global fintech giants, but also to develop their own pioneering technology.

Nutmeg expands human-led service in ongoing bid for profitability

Nutmeg can boast £1.8bn of assets but saw operating losses for 2018 widen to £18.6m from £12.4 the year before, with increasing regulatory costs cited as a reason.

Contemi Partners With Northrow To Accelerate Client Onboarding For Their Customers

Automated verification and monitoring will accelerate client onboarding and significantly reduce the ongoing regulatory burden for Contemi clients.

Rise of machine trading forces data providers to pivot

FactSet chief says information sellers are focusing on companies rather than traders

Backstop Solutions Group launches new AI-powered data gathering offering for allocators

As a result, files become centrally located, displayed, and easily accessible across the organisation.

World Retail Banking Report 2019

Banks can improve the last-mile experience by addressing customers’ overall financial wellness

Welsh Fintech Launches Its First-Ever Report Into The Wealth Management Industry

Despite this positive change in attitude, Wealth Managers named regulation, internal resources and expertise as the main contributors preventing them from evolving their offering.

Objectway Wealthtech Suite Scored Highly Across All Key Areas Of Analysis In Celent Wealth

The research and consulting firm considers Objectway WealthTech Suite a complete front-to-back platform, especially mentioning its CRM, asset class support, and back office functionalities.

Santalucía AM creates online distribution platform for retail clients

The launch of these two new distribution channels reveals the firm's commitment to make its investment products available through as many channels as possible.

Nucleus withstands pressures to report 13.1% AUA growth

The firm has continued to invest in its core product with the implementation of new functionality within its customer portal, ‘Nucleus Go’

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