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

Barclays Mobile Banking App Comes Top In The UK

Forrester assessed the usability and functionality of mobile banking services across Europe and cited Barclays as providing one of the strongest user experiences.

Axa’s O’Toole: we're at a digital migration inflection point

The fund has returned 33.65% to investors over the past three years, slightly better than the 32.7% achieved by the average manager.

Citing Vanguard, InvestCloud Expands Its Trans-Atlantic Footprint

InvestCloud looks across the Atlantic in its purchase of London-based tech company rplan. The acquired client engagement provider’s clients include four of the top eight institutional asset managers in the U.K.

Swiss Bank to Allow Business Accounts for Crypto Companies

While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.

Goldman Sachs is backing a London startup that uses AI to read complex legal documents

Eigen Technologies has raised £13 million from Goldman Sachs and Temasek.

ING hungry for slice of digital banking sector

ING is hoping to pool its strength in consumer banking services and financial technology

Avaloq Community Conference 2018

The one-day conference is packed with valuable sessions designed to help banks navigate the rapidly changing financial services industry.

BlackRock Woos Wealth Managers With Risk ‘X-Ray’ Tool

Morgan Stanley, UBS wealth units among those who’ve signed on

ICOs to account for 10 per cent of UK firms’ capital raising by 2023

The vast majority (83 per cent), however, believe the UK needs to introduce tougher regulation to the sector to ensure its success, while only 3 per cent believe that ICOs can ever replace private equity completely.

14 Italian Banks Test Blockchain Tech for Interbank Reconciliations

The financial institutions will further leverage the blockchain technology to prove certain elements such as lack of a standard approach and a unified communications protocol

Broadridge acquires fund data firm

The acquisition will combine Broadridge’s fund data and analytics solutions with MackayWilliams’ leading insight into European mutual fund trends

HSBC enters open banking with Connected Money

HSBC customers can see their current accounts, savings accounts, mortgages, loans and cards held across 21 banks, including Barclays, Lloyds and Santander – all in one app.

Invesco acquires Intelliflo

Invesco Ltd. has acquired Intelliflo, a market-leading UK provider of advisor-focused digital solutions.

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.

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