10/28/2020
TORA launches new generation Portfolio Management System
The real time general ledger (GL) will deliver trial balances, a full balance sheet and income statements.
FinTech
10/28/2020
Danske Bank: The right fit - a big bank with local expertise
Danske Bank has been working to assist customers through the crisis, as well as lending around £450m here over the last few months as part of key UK Government initiatives to support companies through this difficult period.
10/28/2020
UBS to Invest $200M in Fintech Firms
Already, “several direct investments are in evaluation” by UBS, it said, but didn’t name any of the firms it set its sights on.
10/27/2020
Brooks Macdonald announces strategic partnership with SS&C
This partnership is the next step in delivering Brooks Macdonald’s vision as the leading investment manager for intermediaries, providing best-in-class adviser experience and client service through technology and innovation.
10/27/2020
Seccl adds trio of hires from Quilter, Embark Group and Ascentric
New heads of propositions and compliance named
10/26/2020
Gartner Says Finance Leaders Who Avoid Four Cost Management Mistakes Will Help Their Organizations Emerge Stronger From the COVID-19 Crisis
Business leaders are under pressure to go digital and find growth, while reducing expenses and are likely to make decisions that will jeopardize their organization’s recovery
10/23/2020
Russian Government Official Says ‘Digital Ruble Is The Future’
The currency would be used on blockchain systems and is a way for businesses to track goods across their supply chains, to prove country of origin, and track payments.
10/23/2020
Danish Crypto Traders Launch EU Rregulated Hedge Fund ARK36-ARK36 Will be the first Activety Managed Regulated Cryptocurrency Hedge Fund in Cyprus
This has driven interest in the cryptocurrency market, which has risen from a total market capitalization of 17 billion at the start of 2017 to more than 200 billion at the start of 2020.
10/23/2020
Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody
The firm is also helping banks manage and safekeep security tokens and central bank digital currencies, he added.
10/23/2020
BITA Risk wins the most innovative client solution award
BITA Risk now brings practical ESG (Environmental, Social and Governance) management to the desktop for wealth managers.
10/22/2020
UniCredit inks remote working agreement with employee reps
UniCredit has become the latest firm to rethink its long-term attitude towards where staffers work in the wake of Covid-19, agreeing a deal to give all employees the chance to spend a part of their week working from home.
10/22/2020
SME Finance to launch Lithuanian digital bank
Baltic fintech startup SME Finance is planning to launch a neobank for small- and medium-sized enterprises in Lithuania.
10/22/2020
European Banking Federation On The EU’s Shift To Digital, Data-Driven Financial Services
Maniati noted the transformation had been in place well before COVID and has stretched back over five years, but has seen some urgency in recent months.
10/22/2020
Leading European Bank Uses NICE Authentication to Improve Security and Customer Experience
NICE Real-Time Authentication verifies customer identity in seconds and significantly boosts operations security for a leading bank in Europe
10/22/2020
Robo-advice firm suffers data breach
Around 20,000 clients had their ID, tax and account data stolen
10/22/2020
Where Have All The Robos Gone?
Build it and they will come.
10/22/2020
What advicetech trends can we expect to see in 2021? by Emily Chen, Iress
While consumer data rights legislation officially kicked off in July this year, it won’t be until next year we’ll begin to see some of the benefits of Open Banking.
10/22/2020
AI, or a thousand shades of grey? by Russ Bryan
With AI, after a time we may start to receive different answers from the same inputs because it generally involves broader data sets and far higher volumes, with all the associated probabilities.
10/22/2020
Digitizing and Streamlining Securities-Based-Lending from End-to-End in the Cloud
New technology provides a fully digital SBL process, from origination to collateral monitoring to loan servicing with advisor and client self-service capability
10/21/2020
How open banking is powering the future of wealth management
User onboarding, withdrawals and account aggregation all key areas for the technology