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

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.

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.

FinTech