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

Is Wealth Management going AI?

Back in 2010 many firms were using inhouse infrastructure whilst mobile communication was considered risky for their clients.

AML guidance on engaging digital ID providers issued

The guidelines are out for consultation and, whilst generally positive, we suggest more thinking is put into helping regulated firms identify suitable digital identity schemes.

apoBank selects Avaloq's BPaaS for securities processing

Avaloq currently employs around 185 people in Germany.

Investing in non-bankable assets with Avaloq – the whys and hows

These platforms frequently offer high leverage and untrained investors can quickly accumulate significant exposures over time as they become emboldened by initial successes.

Shareholder Rights Directive (SRD II) - Meeting Your New Obligations

The countdown is on, creating a growing sense of urgency as firms plan for this mandatory change.

Capgemini Acquires Advectas

Advectas brings to Capgemini a further presence in cities across Sweden and Denmark, a strong track record in helping clients to monetise data, as well as deep and significant relationships in the Scandinavian business intelligence space.

Barclays scraps Big Brother-style spyware on staff computers

The software, which was provided by Sapience, told staff to “avoid breaks” as it monitored their productivity and recorded toilet breaks as “unaccounted activity”.

Sweden set for dramatic growth in digital wealth management, says Nucoro

In terms of HNWs and the technology and telecommunications sector, Nucoro reveals that around 16 per cent of Sweden’s wealth is derived from the technology and telecommunications sectors.

ESRB publishes report on systemic cyberattacks

The analysis conducted shows that a cyber incident could indeed evolve into a systemic cyber crisis that threatens financial stability.

AI transparency in financial services – why, what, who and when?

As part of their joint project, the FCA and The Alan Turing Institute propose to explore the practical application of this framework in workshops with industry and civil society stakeholders.

Belfius Bank adopts SimCorp Dimension

The implementation of SimCorp Dimension spans across order management, performance and risk calculation, and portfolio management, covering a range of asset classes.

UK Plans to Support Qatar in Becoming Major Fintech Hub, Says Lord Mayor of the City of London

Russell went on to note that the UK was grateful for the support that it has received from the State of Qatar, and acknowledged its aspirations of becoming a major Fintech hub.

Digital Dangers: Enhancing your protection from clone firms

Clone firms are one of the most common type of scam, with the Financial Conduct Authority (FCA) recording more than 200 of them in 2018.

Vistra partners with the LHoFT Foundation to support fintech development in Luxembourg

With almost 250 multilingual professionals with legal, accounting or tax background, Vistra’s Luxembourg office represents the second largest European operations in Vistra.

Tech Firm Inspiretec Boosted by Multi-Million Pound Bank Deal

The refinance will provide Inspiretec with an appropriate capital structure to continue its impressive performance into 2020 and beyond.

Deutsche Bank looks to Big Tech players for digital overhaul

In a memo released in October 2019, the firm commented that “To succeed, we need to fundamentally shift how we build technology and move to a new way of working.”

Italy Registers a Boost in Cryptocurrencies and Other Digital Payments

This is a record for Italy, which in this case has a higher percentage than France and the United Kingdom, where 6% of the population does not have bank accounts or cards, but also Nigeria (5%) and South Africa (4 percent).

Stellar Lumens Ups Its Game With German Bank Partnership

Sources have revealed that the partnership between the bank and the startup will result in a plethora of developments of updates

EU regulation could help cryptocurrency funds grow

With the growth of cryptocurrencies and crypto funds, more and more institutional investors are looking to get into this space.

OLYMPIC Banking System crowned “Best Transaction Processing Solution”

“It is proof of the excellent work our teams have accomplished over the past twelve months to ensure the highest level of service for our clients.”

FinTech