06/22/2017
$1bn Canadian robo giant set for September UK launch
Our mission is to make smart financial services accessible to everyone in the world.
FinTech
06/22/2017
Old Mutual Wealth replaces consultants on replatforming project
Around 20 Accenture staff worked on Old Mutual’s replatforming, but have been sent home after IFDS was kicked off the project.
06/22/2017
Numerix reports Sberbank deal
The IT program that we started several years ago required innovative solutions and a new approach to risk management.
06/22/2017
Eze Software launches MiFID II commission management platform
The product focuses on the creation of a research evaluation process aligned with MiFID II-required fund and strategy groups.
06/22/2017
Investec's digital boss on why robo launch took two years
‘Investec is all about service. What we didn’t want to do was dilute that approach.
06/21/2017
Atom Bank gets £30 million from the government
Banks are required to maintain a certain amount of capital to secure their lending and other assets.
06/21/2017
Rabobank selects Finastra payment services hub
The solution enables Rabobank to consolidate legacy payment operations, simplify operations, and reduce operating expenses.
06/21/2017
Broadridge Launches Trade Reporting Solution for SFTR Regulatory Change
SFTR requires EU counterparts engaging in securities finance transactions to report trade data to a registered Trade Repository.
06/19/2017
High-profile UK tech failures highlight danger of overhype
Failure itself is not unusual in the tech sector.
06/19/2017
Natixis Asset Management to test blockchain with FundsDLT
Natixis Asset Management says it has €358 billion of assets as of 31 March 2017 on behalf of institutional and retail clients.
06/19/2017
Offshore platform picks IFA software company for UK service
It includes an option to use an automated portfolio modelling suite
06/19/2017
FinTech fraud firm AimBrain has closed its £4m Series A round
The startup’s platform is primarily targeted at financial services businesses and utilises deep learning to provide seamless identity authentication using biometrics.
06/18/2017
Sweden’s Klarna wins Europe’s biggest fintech banking licence
Fintech groups in Europe and the US such as SoFi and Zopa have been seeking full banking licences but Klarna – with its 60m customers across Europe and €13bn in transactions processed last year – is one of the largest.
06/16/2017
Spain’s first fully digital bank Openbank in major transformation
It has one million customers and over €6 billion in deposits.
06/15/2017
Aegon in talks with FNZ to power £40bn institutional platform
The institutional platform is understood to hold around half of the total £83.6 billion Cofunds assets under administration.
06/15/2017
Estonia Is Testing A ‘Digital Residency’ Program For Internet Companies
The e-Residency program allows entrepreneurs to run a company online using a government-issued virtual identity
06/15/2017
Sanlam announce the First ever Balanced UCITS Fund managed solely by Artificial Intelligence
The financial markets have been through significant change in recent years.
06/15/2017
Fintechs’ access to bank data a ‘major concern’
Warning comes as startups are facing an uphill battle to get access to financial data from institutions
06/14/2017
Misys and D+H join forces to create the world’s third largest Fintech company
Operating under the new company name Finastra, the combination will create the third largest financial services technology company in the world.
06/14/2017
Race to harness AI dominates as digital tidal wave washes over fund management
"Adapt or die" sentiment dominates fund management talks on digital