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

The transformative power of tokenisation in asset management

Tokenisation and blockchain are transforming asset management, propelling us from paper to digital assets in mere decades.

Advicetech start-up ZeroKey launches to beta users

It seeks to achieve this by offering ready-made integrations that require zero code, enabling advisers to easily integrate their entire tech stack and move data from A to B on demand.

Payments: 8 key trends for 2024 and beyond

The fast-growing BNPL market can be broken down into several types of players

Government cancels £1.3bn in AI funding as spending cuts bite

An additional £300m committed to the AI Research Resource has been committed to, the government said, as this funding was already in place, has been distributed and will continue as planned.

Credicorp Capital goes live with Temenos Multifonds on SaaS

New platform enables Credicorp Capital, part of one of Latin America’s largest financial groups, to handle larger fund transaction volumes across countries with greater stability and agility

Consumer Duty is transforming wealth management but there is still work to be done

Navigating the regulation’s requirements has also brought challenges, and applying Consumer Duty principles consistently across value chains has proven to be complex and time-consuming.

Monzo banks on Grow with SAP

SAP S/4HANA Cloud will be adopted across the entire business.

Azimut strengthens its support for the excellence of the Italian Alps blockchain with a new €105 million club deal

The new capital will finance the international expansion of the company, which specialises in the production of computing power for blockchain technology and the digital mining process, thereby encouraging energy transition.

Capgemini H1 2024 results

Capgemini generated revenues of €11,138 million in H1 2024, down -2.5% year-on-year on a reported basis and -2.6% at constant exchange rates*.

ECB cyber security test reveals 'room for improvement'

This meant that the focus was on how banks would respond to and recover from a cyberattack, rather than on how they would prevent it.

FSB: Emerging markets face regulatory challenges from stablecoin circulation

Stablecoins also present concerns related to financial integrity, illicit finance, data privacy, cyber-security, consumer and investor protections, market integrity, fiscal stability, and macroeconomic stability.

WNS Recognized as a ‘Leader’ in Wealth and Asset Management Services by NelsonHall

WNS’ expanding capabilities in hyperautomation, platform-based research and analytics, data consulting, data management, and AI were highlighted as key investments over the past three years.

OECD launches pilot to monitor application of G7 code of conduct on advanced AI development

Under Italy’s current G7 Presidency, G7 members have focused on advancing these outcomes.

Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globally

Finastra Trade Innovation, integrated with CredAble's supply chain finance platform, enables banks to grow their trade and supply chain finance business and deliver enhanced customer experiences

Iress integrates with AI-driven PlannerPal

PlannerPal uses AI technology to generate meeting transcripts, actionable summaries and written follow-ups.

Basel Committee publishes final disclosure framework for banks' cryptoasset exposures

The final disclosure framework includes a set of standardised tables and templates covering banks' cryptoasset exposures.

Digital infrastructure top challenge to real world asset tokenisation

Cybersecurity, decentralised finance and digital identity were also recognised as critical elements

Gresham and Alveo join forces to create a market leader in Enterprise Data Automation

Both companies specialise in data management software and combined will create significant scale.

Carmignac launches tech equity fund

Carmignac Portfolio Tech Solutions, as the new fund is known will use a blended investment approach, mixing a growth-focused investment strategy with value opportunities.

Temenos and Visa team up to bring Visa money movement solutions to banks via Temenos Exchange

Integration with Temenos Payments Hub will enable banks to incorporate Visa’s payment capabilities and consolidate them with other payment services on the single Temenos platform

FinTech