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

Sarasin & Partners launches first iPad App

It will provide trustees and professional investors with a comprehensive work of reference and guide to investment.

Knight Capital's $440m trading loss 'caused by disused software'

On August 1, the dormant system started multiplying stock trades by 1,000, according to Bloomberg. Knight’s staff looked through eight sets of software before determining what happened, it is claimed.

How has banking IT changed after the industry's Armageddon?

The news sent the City into meltdown and took thousands of IT jobs with it.

Global wealth managers predicted to spend $35bn on IT by 2016

Apps are expected to be a key part of the development plans for groups.

Pershing Launches Practice Management for UK Clients

Pershing has brought its successful practice management programme to the UK, enhancing the services offered to wealth management and financial planning clients and reinforcing its partnership approach to clients' business growth.

Linklaters Selects LexisNexis InterAction as Global CRM Tool

InterAction aggregates and de-duplicates client data such as client profiles, financial information, notes and activities to provide a 360 degree view on clients. This insight helps firms to identify the complex connections among people, companies, relati

UK Wealth Manager Selects Advent’s Platform for Asset Management

The wealth caters to high-net-worth individuals, and has £2 billion in assets under supervision.

Parmenion pilots wealth management ‘toolkit’

New toolkit includes white label documents that can be branded with an advisers logo and includes portfolio-building guides.

Pershing launches practice management programme for wealth managers

The service, which is established in the US, includes business ‘health checks’, presentations from Pershing executives and external speakers, group discussions and information on new Pershing services.

SS&C Technologies up 31.6% year-on-year

Adjusted diluted earnings per share (a non-GAAP measure defined in note 4 to the attached Condensed Consolidated Financial Information) in the second quarter of 2012 was $0.33 per share compared to $0.26 per share in the second quarter of 2011, an increas

Polish Broker Selects SunGard’s Valdi Solution

Alior Bank’s traders will use Valdi’s trading tools for managing their WSE order flow, including Valdi Selector for risk management and Valdi Program Trader for basket trading and index arbitrage capabilities.

HSBC Private Banking Unit Renews Relationship for SEI Global Wealth Services

The contract extension means that GWS will continue to power HSBC's UK Private Banking offering for three additional years.

Fidelity follows Aegon and Novia with GBST deal‎

GBST has tied up with Fidelity Worldwide Investment to provide administration and registration through its Composer platform.

Claranet brings a wealth of benefits to Third Financial

A new breed of young, wealthy and technology-literate individuals now expect to do business on their mobile devices – including managing their money.

Spain's stock market disrupted by trading glitch

Madrid's extended shutdown comes as global regulators pursue efforts to prevent even small technical problems disrupting broader markets following a succession of problems that have dented investor confidence.

City has failed on unfit IT systems

Banks are using computer systems that are “unfit for purpose” and as a result have little idea what is going on inside their own businesses, according to a new in-depth report on the technological problems facing the industry.

Advent Awarded ‘Best Portfolio Management System Provider’

Waters Magazine Readers Choose Advent for Fourth Consecutive Year

SunGard named a category leader for Basel III solutions

SunGard’s Adaptiv provides risk management, risk-based pricing and analytics solutions that help financial services firms of all sizes around the world solve and manage regulations.

Security breaches within financial services damage far more than just reputation

Can someone please tell us what the point of Corporate Compliance Officers are?

Legg Mason launches app for iPad

The market commentary includes access to videos and webcasts. Users of the app can tailor a "favourites page" with more specific content.

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