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

FE fundinfo snaps up wealth management fintech Dericon

Its acquisition, for an undisclosed sum, will enable FE fundinfo’s clients in asset management to access Germany’s largest distribution channel via the Sparkassen Group

Cyber insurtech BOXX partners with Zurich Insurance Group

The newly launched solution by Zurich Insurance in Switzerland focuses on providing essential services to help prevent digital threats combined with emergency assistance and support in case of an emergency.

Quarter of asset managers use AI in sustainability process

The survey spoke to 60 asset managers from around the world, representing £31.9tr.

Man versus machine

Swiss wealth managers share different perspectives on passive bond funds.

Saltus bolsters tech toolkit with FinCalc partnership

FinCalc has developed an integrated digital fact find from the Saltus bespoke client portal.

FE fundinfo acquires German fintech Dericon

The deal will enable FE fundinfo’s clients to have direct access to one of the largest distribution channels for asset managers in Germany.

Cases of de-banking are on the rise

This can be fraud risk, credit risk, reputational risk, or some other apparent risk, for instance stemming from the bank’s concerns about a particular industry, business, or country.

SIX Digital Exchange reaches milestone with over CHF 1 billion in digital assets on its platform

This milestone represents another step in the institutional adoption of digital assets and reinforces SDX's leadership in innovative solutions in collaboration with customers and regulators.

Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR

It provides treasury and payment solutions for insurance companies across Europe and is expanding elsewhere.

Google invests 1 billion euros in Finnish data centre to drive AI growth

Therefore there is still renewable capacity available for data centres such as Google's, which acquires wind power in Finland under long term contracts.

SIX CEO Jos Dijsselhof: «Blockchain Is Driving an Evolution, Not a Revolution in Finance»

This transformation is being driven by blockchain ecosystems, which are also used for cryptocurrency trading, among other things.

UK climate FinTech ekko raises $2.5m funding round

As part of this, ekko will be bringing leading industry experts to support international expansion and product development.

Takeaways from Paperjam+Delano’s private banking roundtable

Panellists talked about the impact of various technologies in the private banking sector.

Basel Committee publishes report on the digitalisation of finance

While digitalisation can benefit both banks and their customers, it can also create new vulnerabilities and amplify existing risks.

Deutsche Bank joins Project Guardian to explore asset tokenization applications

As part of the asset and wealth management workstream, the bank will test an open architecture and interoperable blockchain platform to service tokenized and digital funds.

The tech provider powering some of the UK’s largest wealth managers

The software architecture means that the risk, the effort and the cost is shared amongst the client community.

“Private banking will become a digital platform”

Private banks often fear that digitisation will lead to the disintermediation of the customer’s relationship manager by an APP or, worse, a robot-advisor.

Top US Bank, Commerce Bank, goes live on the FedNow® Service with Temenos

FedNow® roll out continues Commerce Bank’s progressive modernization from legacy systems to a single, future-ready, cloud-native platform

Lloyds partners with Red Hat to adopt open source software

Lloyds Banking Group is collaborating with Red Hat to support its InnerSource implementation, aiming to drive maximum business value from its engineering teams across the organization.

Presidents Choice Financial® selects Temenos to expand banking business

The financial arm of Canada’s food and pharmacy retailer will adopt Temenos core banking as SaaS to enhance operational efficiency and deliver more innovative products