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

Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR

It provides treasury and payment solutions for insurance companies across Europe and is expanding elsewhere.

Google invests 1 billion euros in Finnish data centre to drive AI growth

Therefore there is still renewable capacity available for data centres such as Google's, which acquires wind power in Finland under long term contracts.

SIX CEO Jos Dijsselhof: «Blockchain Is Driving an Evolution, Not a Revolution in Finance»

This transformation is being driven by blockchain ecosystems, which are also used for cryptocurrency trading, among other things.

UK climate FinTech ekko raises $2.5m funding round

As part of this, ekko will be bringing leading industry experts to support international expansion and product development.

Takeaways from Paperjam+Delano’s private banking roundtable

Panellists talked about the impact of various technologies in the private banking sector.

Basel Committee publishes report on the digitalisation of finance

While digitalisation can benefit both banks and their customers, it can also create new vulnerabilities and amplify existing risks.

Deutsche Bank joins Project Guardian to explore asset tokenization applications

As part of the asset and wealth management workstream, the bank will test an open architecture and interoperable blockchain platform to service tokenized and digital funds.

The tech provider powering some of the UK’s largest wealth managers

The software architecture means that the risk, the effort and the cost is shared amongst the client community.

“Private banking will become a digital platform”

Private banks often fear that digitisation will lead to the disintermediation of the customer’s relationship manager by an APP or, worse, a robot-advisor.

Top US Bank, Commerce Bank, goes live on the FedNow® Service with Temenos

FedNow® roll out continues Commerce Bank’s progressive modernization from legacy systems to a single, future-ready, cloud-native platform

Lloyds partners with Red Hat to adopt open source software

Lloyds Banking Group is collaborating with Red Hat to support its InnerSource implementation, aiming to drive maximum business value from its engineering teams across the organization.

Presidents Choice Financial® selects Temenos to expand banking business

The financial arm of Canada’s food and pharmacy retailer will adopt Temenos core banking as SaaS to enhance operational efficiency and deliver more innovative products

Temenos introduces Temenos Positions to transform banking operations

New lean solution serves as a single source of truth for all real-time balances and funds authorizations data across the enterprise, regardless of underlying technology

Banque Internationale à Luxembourg goes live with Temenos to modernize core banking and payments

Banque Internationale à Luxembourg standardizes its retail, corporate and private banking operations on Temenos banking platform to increase agility and optimize resources.

fundcraft raises €5M Series A transform asset management infrastructure

fundcraft centralises and automates processes, data, and stakeholder interaction to lower costs and deliver better customer outcomes.

Zeta eyes 50% of the $1trn Credit Line on UPI banking tech opportunity by 2030

Zeta launches Digital Credit as a Service for banks in India

Iress to sell Pulse portfolio management software to SecuritEase

The transaction is expected to be completed within 30 days of signing and requires no financing or regulatory approvals.

Corlytics acquires RegTech platform from Deloitte UK

It is the RegTech partner of choice for the world’s largest financial services firms.

Temenos Multifonds extends partnership with Citi Securities Services to consolidate global funds services on Multifonds SaaS

Move to Multifonds SaaS enables Citi Securities Services to manage its global business efficiently on a single platform

Fintech Know Your Funds ties with Propelle for Best in Show at Morningstar Investment Conference

Instinct Digital Ltd also impressed delegates with its digital reporting solution for fund and client reporting, while Propelle, which was also named ‘Best in Show’ showcased its digital solution focused on female investors.