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

Avaloq and IBM to build Swiss banking cloud

As part of the agreement, the Avaloq employees currently operating Avaloq’s data centers in Zurich and Lugano will join IBM in the existing locations.

TransferWise partners with French banking group Groupe BPCE

Founded in 2011, web-based TransferWise has grown in popularity by offering a simpler and cheaper alternative to traditional banks for individuals looking to transfer money internationally.

Mitek and Signicat partner to improve digital onboarding for European financial services

The same number said they would be more likely to sign up for a service with a completely online onboarding process.

ARQA Technologies expands OMS solutions into Europe

ARQA OMS is a part of the global QUIK OEMS with connectivity to over 30 trading venues and sophisticated in-built risk management.

SGG Group makes another acquisition

The transaction, which is subject to regulatory approval, is expected to be completed by August 2018.

Westpac lost files of hundreds of clients, whistleblowers say

BT Financial Group, the bank’s wealth management arm, reportedly discovered the loss while digitising its records

DSB Announces Technology Advisory Committee Membership

The Derivatives Service Bureau is a new global reference data utility, launched in October 2017, that enables users to create ISO identification codes for regulatory reporting and operational management of OTC derivatives.

South African tech startup establishes European footprint

With a presence in Johannesburg, Pretoria and Cape Town, the new Dublin office (situated nearby the famed Dublin Docks) affirms Black Beard as a truly global player within technology innovation.

Asset managers turn to emerging technologies as regulatory dust settles

Cybersecurity remains one of the top three challenges facing asset management firms right now according to a quarter (25%) of respondents, following high profile breaches of last year.

Scottish Widows 'actively looking' at offering robo-advice

Lloyds is one of a number of banks working with the Financial Conduct Authority (FCA) as part of its advice unit, a project aimed at increasing access to low-cost advice.

Profile Software launches next Leasing solution

In particular, the Leasing Management module ensures end to end automation from the Origination, through the activation of Lease and up to the Debt Collection and Recovery operations.

Cryptocurrency: Is the juice worth the squeeze?

For now, one thing is evident: cryptocurrencies are extremely volatile, with the potential for enormous swings in either direction almost instantaneously.

The keys to connecting with tech-savvy investors

Find out tips for creating relevant information on-demand, communicating via multiple channels and providing greater transparency in the financial planning process.

RegTech incubator Codify adds five new fintechs to its programme

Codify, which launched last April, provides participants business resources and development opportunities, including office space, mentors, access to a network of partners and customers

Basler Kantonalbank partners with Vontobel on digital distribution

Over 60 banks and 500 asset managers with more than 4,000 users in total currently use this real-time platform to create tailor-made bespoke investment solutions.

Raiffeisen Bank Will Accelerate Digital Transformation with FICO Platform

"They realize the incredible advantages to be had from bringing greater consistency and control to all banking channels. Our solutions will support their approach to holistic customer management."

Digital Asset Group and GMEX Group form strategic alliance

Joint Venture will develop high impact Blockchain and Crypto Economy initiatives to bridge the gap with mainstream finance

Robo-Adviser Scalable Hits $1.2 Billion by Joining With Banks

The firm in September announced a partnership with ING-DiBa, the German digital lender owned by Amsterdam-based ING Groep NV, offering Scalable Capital’s investment services to its 8 million customers.

DDOS attacks target dutch banks

In January the Dutch Tax Authority, ABN Amro, ING and Rabobank were all hit by multiple DDoS attacks. An 18-year-old man from Oosterhout was arrested.

Bitcoin Cash and EOS added to deVere Crypto as 35% of HNWIs embrace cryptocurrencies

The news comes as deVere release the findings of a new international poll in which it is revealed that 35 per cent of high net worth individuals are now already invested in or will make investments in cryptocurrencies before the end of 2018.

FinTech