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

SEI Introduces AIFMD Annex IV Reporting Solution

Many Private Fund Managers Face Jan. 31 Deadline for Filing Year-End Reports

Banking Regulations Shifts Risk To The Buy Side

For all the deleveraging that banks are doing, new regulations aren’t reducing the amount of risk in the financial system so much as shifting it onto the buy side, says a new report from financial software firm Misys.

Northern Trust adopts RiskFirst risk analytics system

Northern Trust has enhanced its suite of asset-liability reporting solutions, enabling pension funds to gain deeper insights into their risk exposure with a cross-balance sheet view of their assets and liabilities.

PayPal poses bigger threat to UK lenders than ‘challenger’ banks

The UK’s biggest high street lenders face a greater threat of losing customers to PayPal than to new “challenger” banks or technology giants, according to research by YouGov and law firm Pinsent Masons.

Euroclear provides UniCredit access to Eurosystem liquidity via its Triparty platform

This industry first takes advantage of the recent changes in Eurosystem rules that allow central banks to provide Eurosystem liquidity via a triparty platform.

RFA Expands London Office

The opening of RFA's data centre facilities located outside of London will allow us to deliver the same quality services we currently offer to our clients in the United States

Banks urged to reveal full scale of cybercrime

Banks are under new pressure to reveal the true scale of cyberfraud affecting their customers.

KPMG announces offer to acquire Crimsonwing

KPMG has made an offer to acquire Crimsonwing, an international IT company focusing on Microsoft Dynamics and e-Commerce business solutions.

Microgen Acquires Jersey-Based Software firm

"This acquisition provides the Financial Systems business with an increased client and recurring revenue base in one of its core sectors together with an office in Jersey, a key geographical market for its products," the company said in a statem

Crédit Agricole Launches Derivatives Post-Trade Utility with FIS

FIS will also have to standardize the platform to make it a utility for the industry

Data accuracy a major burden for investment managers when reporting - Vermilion Software

The white paper, entitled ‘Catalysts for Change in Client Reporting’, was based on a survey of over 100 senior financial technology and data decision makers in investment management, conducted on behalf of Vermilion Software.

Clearstream and BNP Paribas finalise T2S collaboration

Clearstream and BNP Paribas have finalised their partnership to provide settlement services under TARGET2-Securities (T2S).

Payments modernisation seen as top priority for banking industry

More than two-thirds of banks plan to modernise their payments systems to accommodate demand for mobile and immediate payments and head off competition from disruptive competitors

IBM Signs Cloud Agreement with ABN AMRO

IBM and ABN AMRO have signed a 10-year, multibillion-dollar services agreement to manage the IT infrastructure that supports the bank's operations globally.

Capco appoints ex-IBM financial services lead Ian Bentinck as partner

Capco, the global business and technology consultancy dedicated solely to the financial services industry, today announced the appointment of Ian Bentinck as Partner.

Pensions regulator hires Capgemini to deploy £2.4m document management system

The Pensions Regulator has awarded outsourcer Capgemini a seven year £2.4 million contract to implement and support an integrated case and document management system.

SS&C Acquires DST Global Solutions

The acquisition further solidifies SS&C’s position as the leading global provider of investment management software and outsourcing services.

Barclays to launch video banking service

Barclays has announced plans for a video banking service to allow its customers to see an adviser at any time, seven days a week, over their mobile devices.

Misys named Best Core Banking Product for second year running by banking industry

At the annual Banking Technology Awards, held on 20 November 2014, financial software leader Misys was named Best Core Banking Product/Service in the Readers Choice Awards.

Investment to London's FinTech firms hits record high

Figures revealed by Mayor of London on Friday showed a record amount of venture capital investment was made into London-based financial technology firms.