12/23/2019
Silicon Valley giant behind Spotify eyes bumper investment in Revolut
TCV, which has also invested in UK money transfer group World Remit, is reportedly looking to commit
FinTech
12/23/2019
Digital partnering is an effective solution not a cop out
‘Firms are struggling against a wave of digitisation in the wealth management arena’
12/22/2019
‘Bloodbath’ looms for tech firms as competition watchdog sets its sights on Google and Facebook
The CMA is increasingly drawing a line in the sand in front of US technology giants after decades of unchecked expansion.
12/20/2019
Capgemini Named a Leader in Wealth and Asset Management Services by NelsonHall
“Capgemini has a large and mature wealth and asset management business that is well positioned to grow by offering strong consulting and solutions”
12/20/2019
Intesa Sanpaolo and Nexi reached a Strategic Agreement
As a result of the finalisation of the transaction, which is expected to take place next year and is subject to the customary regulatory authorisations being received, a net capital gain in the region of €900 million is envisaged for the Intesa Sanpa
12/19/2019
Hedge funds hacked into Bank of England briefings
Traders could have used information to gain an advantage over rivals
12/19/2019
Darlington Building Society adopts Iress software
Darlington Building Society has adopted Iress’ mortgage processing software.
12/18/2019
Transforming Client Lifecycle Management with AI-driven WealthTech
Wealth management organisations today face a shifting landscape of opportunities and challenges.
12/18/2019
Scalable Capital claims lead in Euro robo race as assets hit €2bn
It comes just 18 months after the UK and German wealth manager surpassed €1 billion in assets under management
12/18/2019
Connor Broadley Adopts SEI Wealth Platform
Technology Enables Efficiency and Scale to Support Growth Ambitions
12/18/2019
The Wealth Management Firm of 2025 Is Preparing Today
One of the facts highlighted from Alberto’s speech is that the expense of servicing clients is generally expected to rise
12/17/2019
LV-backed fintech firm Wealth Wizards seeks £30m to fund expansion
Wealth Wizards is working with Wyvern Partners to attract new strategic investors, Sky News understands.
12/17/2019
Robo-adviser seeks £30m to expand advice arm
LV invested in the Leamington Spa-based company in 2015.
12/17/2019
Accenture invests in trade finance blockchain firm
Relationship extends Accenture’s trade, finance and accounting solutions powered by distributed ledger technology
12/17/2019
SS&C GlobeOp helps Elan Capital transition to a standalone firm
“This lets us draw on the experience of other firms who have already expanded, or broadened the products they offer—or simply found a better way to do things,” said Tiplady.
12/17/2019
Instinet launches BlockCross in Europe
Offering clients conditional order management, autoexecution, and blotter optimization for block trading in European securities
12/13/2019
Banking Giant ING Exploring Crypto Custody: Report
The banking giant is the largest in the Netherlands with over $980 billion in total assets.
12/13/2019
German Fintechs Rush to Offer Crypto Custody Services Under New Law
The tech company maintains a digital banking platform to which other businesses can connect and use its API to build and offer their own financial products and services.
12/13/2019
FCA announces registration fees for cryptoassets AML/CTF regime
From 10 January 2020, businesses carrying on certain cryptoasset activities will be in scope of these regulations.
12/13/2019
Largest Blockchain Open Account Trade Finance Trial On R3 Completed By Marco Polo Network
100percent of respondents also believe that Marco Polo will accelerate and improve the receivables discounting process, and reduce costs for both banks and corporates, with 75% believing this will happen within 5 years.