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

Six Global Banks Take Lead in Standardizing Global Payments on a Blockchain

Starting a modern payments network underpinned by Ripple and supported by rules and governance for global settlement.

Blockchain in the Financial Sector

This is done by making assets intelligent.

SIX Securities Services and Clearstream seek collaboration as European financial landscape becomes more challenging

Rising costs of regulation, pressure to reduce margins and increased competition are all factors in drive to potential partnership between Switzerland’s CSD and the European ICSD Group. Emphasis is on managing costs and creating new services.

Digital Keystone wins Best use of Platform technology at Schroders UK Platform Awards 2016

Digital Keystone’s Adaptive Portal uses leading-edge technologies to integrate disparate data sources

UK Government to open cyber security accelerator for tech startups

This is an excellent partnership and great opportunity for all of us to work together to not only support the UK economy but also encourage businesses to take a real interest

HSBC goes hipster in London fintech hub hunt

If the deal goes ahead, HSBC will join Barclays fintech accelerator in Whitechapel (East London).

Global Digital Payment Transactions Set to Reach 10 Percent Growth for First Time Finds World Payments Report 2016

The growth in digital payment transactions is largely being driven by strong economic growth in key developing countries, improved security measures such as EMV1 and biometrics.

Another award for 7IMagine, our innovative financial tool

In an evening ceremony on 20 September for the UK Platform Awards 2016, the team won Leading Integrated Planning Tool Provider.

Technological, Economic and Demographic Shifts Will Transform the Wealth Industry By 2021, Says Roubini ThoughtLab

Fast-moving investment providers are already driving top- and bottom-line growth by going digital.

Almax puts AI to work on information overload in capital markets

Almax Analytics solves the problem of information overload with actionable insights by putting the content of news into context

BearingPoint again among global top 100 on the IDC Financial Insights FinTech Rankings

The IDC Financial Insights FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues

Changes to internal models used by UK insurance firms under Solvency II

The PRA has published a supervisory statement (SS12/16) on changes to internal models used by UK insurance firms under Solvency II. The supervisory statement covers:

Asset managers quick to adopt blockchain

Research finds two-thirds of firms will use technology by 2021

The Evolution of Digital Asset Management

Digital Asset Management (DAM), as we know it, has disappeared.

Suspected Russia-based stealth banking malware Qadars Trojan sets sights on 18 UK banks

The latest version of the Trojan prompts users into unknowingly providing system admin access and steals credentials.

No likelihood of blockchain revolution occurring any time soon, says Bank of England

He further emphasized that in many cases, reform to outdated business processes will need to precede any application of the technology itself.

Nucleus wins Platform of the year accolade at 2016 UK Platform Awards

Much as we are delighted to have won our awards, we are also delighted to see Transact acknowledged for the key role they have played in the evolution of the platform market

Infosys and Huawei launch cloud-based universal banking capability

Startup Banks To Create New Propositions for Customers in the UK

Cofunds defiant on tech upgrade costs as profits sink to £73k

Aegon has budgeted £80m all-in for the tech integration, while Old Mutual Wealth is expected to pay £450m for its replatforming.

Everest Group recognises Avaloq as Star Performer in Capital Markets BPO

Another stand out success is Avaloq’s continued expansion in the retail banking space