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

Poland's largest bank chooses SS&C

Poland's largest bank implements SS&C Algorithmics' Fundamental Review of the Trading Book solution

Hargreaves Lansdown partners with Door to digitise its fund manager due diligence process

From December 2021, it will be using Door to streamline and optimise its information gathering and due diligence assessments on asset managers and their investment products.

Fintech’s biggest hires and departures of 2021

A rundown of some of the most significant appointments and departures in 2021.

VTB Bank introduces AI to speed up client services

The potential of the technology is there will be an increase to 40-50% of the share of requests, the processing of which can be automated and thus accelerated several times - from 50 to 90%, depending on the specific business case.

Monese acquires freelance service provider

This partnership brings together two European fintech companies with a shared vision for the future of financial services and a deep passion for engineering excellence in product development.

Lloyds on-site technology deemed “not fit for purpose” in leaked video

In the video, Williams can be heard commenting on their ‘on-premise’ software(software not on the cloud), stating: “The bottom line is our prem [premises] capability today is not fit for purpose.

Barclays engages HPE to deliver private cloud platform

Barclays’ will only pay for the resources it consumes, with the option to reserve workloads and run them on-demand.

Banque de France demos ledger interoperability in CBDC trials

The programme entailed an end-to-end transactional lifecycle of digital assets, through issuance, subscription by several actors, and coupon payment involving a conversion into another currency.

AIB signs €65 million deal with IBM

Graham Fagan, group director of enterprise technology & cloud engineering, AIB, comment: "As financial organisations progress on their cloud journeys, they need an approach that allows various cloud-based applications to work in concert.

Revolut granted full banking licence in Lithuania

As of the end of Q3 2021, Revolut Bank UAB has received resident deposits of €395 million and provided almost €12 million in loans to residents.

ING Bank Śląski goes live on Thought Machine's Vault

Vault can run any type and size of bank on a single platform, and is cloud native and cloud agnostic to support any deployment type by a bank, on any cloud provider.

Scalable Capital partners with CoinShares for crypto offering

Backed by CoinShares Physical ETPs, Scalable Crypto provides investors with secure access to digital assets via a regulated wrapper

Wolters Kluwer FRR Leader Wins Risk Technology Executive of the Year Accolade

All awards won by Wolters Kluwer FRR are in free-to-enter programs and are based on merit and client feedback.

Nationwide moves online banking to Microsoft Azure

The move is expected to improve security, usability and provide more stability to better cope with spikes in demand.

Deutsche Börse Completes Acquisition

The acting Chairman of the Board of Directors and co-founder of Crypto Finance AG, Dr Tobias Reichmuth, stepped down from his position on 15 December 2021.

7IM joins integration hub FINIO

FINIO will deliver real transaction data to replace the synthetic transactions currently created in some back-office systems.

Degroof Petercam signs agreement with Objectway to implement Eximius Portfolio Management

With this new development, Objectway strengthens its position in the Benelux region as trustworthy provider of reliable solutions in the Wealth Management space.

Seba Bank launches Gold Token

The SEBA Bank Gold Token is a landmark development in investment products, enabling investors for the first time to own a digital form of physical gold via a fully regulated, cost-effective, and future-proof solution.

German Savings Banks Weigh Vote to Launch Bitcoin, Ethereum Trading Services: Report

As many as 50 million customers of German savings banks could be reportedly offered cryptocurrency trading services next year.

BBVA Switzerland adds ether to its cryptocurrency custody and trading service

BBVA Switzerland is the first traditional bank in Europe to incorporate ether into its service.

FinTech