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

The impact of the EU digital initiatives on the creation, exploitation of and access to digital rights and assets

Regulators across the globe are currently developing strategies to address the challenges of the digital economy.

Tink completes acquisition

FinTecSystems will continue to function as an independent, regulated company in Germany.

Enel teams up with Intesa Sanpaolo

When the deal is complete, at the end of the second quarter next year, Enel will sell its own financial service business in Italy to Mooney for €140 million, building scale in an industry that has grown during the COVID-19 pandemic.

How banks are improving customer experience without compromising on risk

The result is a change in the relationship between banks and consumers and new challenges for managing financial risk.

SS&C takes stake in Equiniti and AST

The combination of Equiniti and AST's businesses expects to create a leading international provider of mission-critical shareholder and other complex regulatory technology to meet the evolving needs of its customers, employees, and other stakeholders

FNZ completes the sale of GBST

This will provide FNZ with the opportunity to expand its product and service offering to both existing and future clients and accelerate the growth and reach of its global capabilities in listed securities trading and post-trade processing.

SMEs need urgent action from banks on digitalisation

The pandemic highlighted how much was lacking in digital banking facilities provided to SMEs

Praemium sells UK and international arm to Morningstar

Advisers and the investors we jointly serve are no exception, and Praemium’s digital-first capabilities will allow us to reduce friction, lower costs, provide more choice, and improve efficiency for advisers.

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

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