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

Attractive valuations for fast-growing tech 'utility'

Cybersecurity spending to hit $172bn

Platforum: Most adviser tech companies can’t expect to survive

The patchwork of systems available across the market has led to a dazzling array of technology but advice firms’ approach to it can differ wildly.

£123 million in open banking payments made via the HMRC app

This means that over the course of eight months, the volume of transactions per month grew by more than 2.5 times, while the value of transactions per month tripled.

XPAY selects Finastra to support expansion of services and rapid growth plans

Finastra’s Fusion Essence, pre-integrated with Salt Edge’s Open Banking Compliance, and financial services ecosystem will enable ongoing innovation

HMRC’s open banking payments via Ecospend hits £10.5bn

With £123m via HMRC’s mobile app alone.

SS&C Intralinks’ Forecasts M&A Deal Flow Resilience, Growth in Q1 2023

Predicting market volume movements since 2020 has been a challenge

Bestinvest unveils free mobile app as it enhances its service for 2023

New mobile app. available to download from the Apple App Store for iOS and the Google Play Store for Android, is the latest milestone for Bestinvest - the online investment and coaching service – following a major revamp last year

J P Jenkins becomes part of CrowdX Group

All share exchange acquisition gives London’s oldest private equity market significant tech boost

Data-driven change management is crucial for successful transformation

New change management study from Capgemini Invent identifies people factors and data maturity as key drivers for success

Plum launches its personal finance app in 5 more European countries

The app also allows its customers to diversify and grow their money over the long term with its stock investing service.

Leek Building Society chooses MSO to support growth and efficiency

The Iress MSO product will enable us to speed up our mortgage process through increased automation and connectivity

Themis closes Pre-Series A funding round at £3.1 million

The platform allows companies and individuals to carry out AML screening and monitoring of all of their clients, suppliers, third parties and investors in one place to ensure no unwanted or unknown links to criminality exist in their client or supply chai

Kroo claims to be the only UK current account to offer more than 3% interest on balances up to £85K

The increase puts money back into customers’ pockets, placing Kroo ahead of all other UK retail banks that offer interest on their current accounts (on deposits above £1,500) and in line with many savings accounts.

Preliminary information on the 2022/2023 half-year statement: CREALOGIX achieves turnaround with positive operating result

At the same time, as announced, the platform for the development banks was successfully completed in the first half of the year.

FinTech