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

Cross-border testing pilot for innovative firms open to applications

The network was developed following the FCA’s earlier proposal to create a global sandbox.

Raisin announces Open Banking partnership with Santander Spain

For Raisin, based in Germany and launched in 2013, the partnership with one of Europe’s largest banks is an important signal.

Open Banking: Growing in customer trust in 2019 by Herbert Leonelli, Profile Software

The banking industry is looking to achieve strong customer authentication, consent and reliability as required by PSD2, Open Banking and GDPR.

What impact will blockchain have on the asset and wealth management industry?

The Bigger Picture on technology

The Year of the Client Experience Bjorn Widerstedt, BLACK DIAMOND

The good news is that the advisor technology industry continues to innovate on behalf of advisors, keeping them one step ahead.

Russian Lender VTB Patents Blockchain Payment Technology

The Russian state-controlled bank VTB has patented a technology for blockchain payments as it moves to offer distributed ledger-related services to its customers. What will the big bank do with the tech now that it has a patent secured?

Capgemini launches ‘Perform AI’

The portfolio provides customers with a complete set of solutions to infuse AI in their organizations, delivering operational excellence and business innovation for immersive, highly personalized experiences.

Elyxir: on the implementation of client facing robo-advisors

Elyxir is an internal start-up.

How technology affects wealth management business value

Additionally, many firm founders and principals are approaching retirement age, not unlike their baby-boomer clients.

Swiss Re makes digital side-bet as premiums languish

The Life Capital platform brings together Swiss Re, primary insurers and online retailers to sell life insurance and soon also general insurance to the large number of people who do not insure.

FCA CP: Guidance on cryptoassets

The FCA has carried out work on cryptoassets, both as part of a broader UK Cryptoasset Taskforce and independently to achieve our objectives.

Goldman Sachs leads £45m funding round into Nutmeg

Nutmeg is the UK’s largest robo-advice company, with more than 64,000 customers, but is yet to return a profit, registering losses of £12.3m in 2017.

Goldman Sachs buys stake in Nutmeg

"We plan to launch with existing partners Convoy in Hong Kong this year."

BNP Paribas goes deeper into the cloud with IBM

IBM says that the new cloud approach will enable BNP Paribas to gain agility, ensure the performance of its IT systems and ensure security.

Openwork Launches Innovative Property Wealth and Retirement Proposition

Our proposition is a major new addition to the lifetime mortgage market which is already experiencing benefiting from rapid growth driven by product innovation.

Standard Life to launch robo-adviser

Robo-advice typically involves the use of algorithms to manage and allocate a client’s assets.

Appleby Launches Technology and Innovation Guide

To coincide with this launch, Appleby has also developed a dedicated microsite to showcase the latest legal updates, regulatory changes and other developments in the technology sector.

The Next Step In Bitcoin's Evolution: Big-Money Investors Move In

Big money managers could soon package crypto assets into mutual funds and ETFs, while paving the way for Bitcoin to enter 401(k)s and IRAs as regulated, mainstream investments.

Digitalisation in Asset Management: power for investors

Data lakes will usher in the same type of dramatic change that was witnessed as asset managers moved from handwritten ledgers to PCs.

Digital banking demands new skills from Relationship Managers

Today, the savvy RM can look at a client’s digital footprint to find out so much more than they are told directly.

FinTech