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

HSBC Settled $250B On ‘Blockchain’, But How ‘Bout Ripple & XRP?

Following successful implementation inside the bank, we are now exploring how this technology could help multinational clients

How AI is transforming the fight against money laundering

Data scientists have made major leaps in the past decade to get us here.

Objectway acquires IT and administrative outsourcing services firm

The Group strengthens the leadership in the asset management segment

More FinTech M&A Ahead

Consolidation will increase as more buy-side firms remove overlapping technology platforms and simplify IT infrastructure for more efficient straight-through processing.

GDPR a significant driver in adviser tech adoption, says Intelliflo

The service has been available since 2015 but it was the introduction of the strict new GDPR rules which has had the biggest impact in terms of advisers engaging with customers to use the portal.

Avaloq doubles London office space

The firm’s new City of London office comes after the London team has already doubled in size over the past year and provides sufficient space for further growth.

New online portal for mutual societies

Societies can also retrieve certain documents from the portal for free, which there was previously a charge for.

ABN Amro introduces wearable payments

Customers can buy Garmin, Mondaine and Olympic watches, as well as keyrings and bracelets from Laks and rings from K-ring that have Mastercard-certified payment chips.

ESG and Impact Investing

ESG has become a permanent feature of global asset management.

AFTAs 2018: Best Risk Management Initiative—Barclays Investment Bank

The growth of Delphi within Barclays has been impressive, with a demand list of over 100 further types of exceptions for on boarding.

Management and technology consultancy firm launches solution for compliance with the new SFTR reporting obligation

The European Commission approved the final implementation standards of the European Securities and Markets Authority (ESMA) on December 13, 2018.

Bank Leumi (UK) selects Volante Technologies

Benefiting from Volante’s one-stop-shop for PSD2 compliance and Open Banking

HSBC suggests it might have found a... use for blockchain?

Says it used tech to settle 3 million forex transactions, $250k in payments last year

Heartwood IM unveils 'first-of-a-kind' digital disclosures overhaul

New reporting platform for third-party IFA and direct clients

Securing client information: a prime target for cyberthieves

Best security practices cover not just software, but hardware as well

Vontobel adopts Geneva firm’s digital assets platform

Taurus-Protect has been compliant since day one with the most stringent Swiss and international regulations

ePayLater Raises Pre-Series A Round From ICICI, Family Offices And Others

ePaylater is a ‘Buy Now, Pay Later’ payment solution through which customers can instantly get access to credit to make faster online/offline purchases.

Traditional wealth managers set to lose market share to robo-advisors, says GlobalData

In previous years, traditional wealth managers across the globe had a widespread level of agreement that robo-advice would seize market share.

Estonian European Central Bank Governor Calls Cryptocurrencies “Nonsense”

Hansson did not, however, advise letting markets simply take their course if it means the violation of small-time investors.

Cybersecurity concerns will increase in UK wealth management industry in 2019, says GlobalData

The lack of alarm can be explained by the fact that the UK wealth industry has not seen data breaches related to cybercrime.