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

Technology in the tax system by Nick Blundell

Technology is often a tool for increasing efficiency and indeed it has been used in the tax system over the years with varying success.

Jupiter rebrands financial fund for fintech focus

JP Morgan and Citigroup remain top holdings despite shift in investment focus

Chambers Ranks Top US Blockchain/Crypto Lawyers

Blockchain is a relatively new sector falling in the Fintech industry

Football stars give backing to new app

Messi, Neymar and Beckham sign up to latest player-backed media venture

Calastone to launch blockchain-powered global funds marketplace in May 2019

Calastone believes that the overall global cost of fund distribution could be reduced by as much as GBP3.4 billion, achieved through the technological mutualisation of the trading and settlement processes.

Accenture Completes Acquisition of Intesa Sanpaolo’s Interest in SEC Servizi Spa

Deal creates powerful innovation hub for the financial sector in Italy

Malta Digital Exchange signs MoU to list FBC Digital Security Token

Other similar arrangements made in recent weeks include the following tokens.

German’s Xolaris Service KVAG Debuts Private Equity Fund Based on Bitcoin Mining

As a result, the firm is planning an initial fund of $50 million, targeting Asian investors.

Robo-adviser posts £3.1m loss

The company's expenses more than doubled from £213,418 to £472,832 in the 12 months to the end of May.

Challenger bank signs up Google-inspired platform

Cloud-based platform offers functionality around smart contracts and a workflow engine for bank processes

Europe’s fintechs head east to challenge Asia’s traditional banks

Nutmeg and Tandem to launch in HK while Revolut moves into Singapore and Japan

SocGen chief resorts to ‘digital speed-dating’ to win over investors

Frédéric Oudéa steps up effort to prove the French bank has a coherent tech strategy

Watson Wheatley Connects with Orchestrade

Watson Wheatley Connects with Orchestrade to Offer Best Practice Reconciliation

Axioma seals contract with LGIM to implement Axioma Risk

Adel Malcolm, Head of Global Analytics at LGIM, said, “We are delighted to be partnering with Axioma as we expand our risk analytics capability so that we are well-positioned for the future.”

Liechtenstein Cryptoassets Exchange Granted Business License by Regulator

Also in August, a Liechtenstein-based bank, Union Bank AG, revealed that it had issued its own internal cryptocurrency backed by fiat.

Old Mutual Int’l launches risk profiler app

Tool helps manage client expectations of potential returns

Spar Nord Bank AS Selects AxiomSL

The features of AxiomSL’s capital solutions include model execution, a data dictionary, calculation modules, business analytics, taxonomy, validations, submission and much more.

The EU Blockchain Roundtable supports efforts to deploy blockchain technologies in the EU

Blockchain technology is also a key part of the FinTech Action plan as well as of the priorities for the Digital Europe Programme proposed under the next EU long-term budget for 2021-2027.

Senior technologist who left Nomura finds better job at a fintech

There he remained until two months ago, most recently as an executive director in corporate technology services, having previously focused on technology underpinning equities trading.

How Can A German Open Banking Firm Revolutionize America's Savings Industry?

Deposit Solutions became the first European fintech company to join the Centre, which partners with leading global companies