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

WealthTech Trends for 2022 and Beyond

As part of this industry research, the authors identify ten trends in these four distinct areas for 2022 and beyond.

Santander migrates 80% of IT infrastructure to the cloud

The cloud move will also help the bank drive value using real-time analytics and provide better products and services, all while lowering the cost of running the core banking platform and reducing energy consumption.

FCA reminds consumers of the risks of investing in cryptoassets

There are no consumer protections for those who buy any cryptoassets and NFTs, and they are not FSCS protected.

volt by Vontobel: The new investment app offering private banking-level service and personal advice

Affluent clients can thus access digital investment services that would otherwise only be available to very wealthy clients.

Cyber, data and tech initiatives permeate Queen’s Speech

The Law Commissions envisage distinct new regulatory regimes for self-driving vehicles where someone would sit in the driving seat and be able to take manual control over the vehicle

Blockpit enters partnership with hedge funds manager 3Folio

The 3Folio platform offers, among other things, portfolio tracking

Fintech firm to open international arm in Jersey

To serve clients of wealth managers, advisers and trust companies

SS&C Launches Blue Prism Desktop to Optimize Desktop Process Management

Blue Prism Desktop enables businesses to securely and centrally execute automated desktop processes, reducing governance and security risks

Iress improves Kepler Cheuvreux’s trading outcomes in first full year of use

Kepler Chevreux’s recent review of Iress’ performance in its first full year of use highlighted a number of improvements to trading and business outcomes.

Bank of China Ltd Luxembourg Branch Selects the Olympic Banking System

“BOC will be able to benefit from the OLYMPIC Banking System’s award-winning core strengths of efficiency and compliance, together with its open service-oriented architecture (SOA) and API approach.”

Broadridge Wins Innovation in Governance and Proxy Voting Award

Recognised as leaders in advancing corporate governance through proxy voting and disclosure services

Do security measures get in the way of good UX in financial services?

This makes sense, because the easier it is for customers to buy or complete tasks thanks to excellent UX design, the more satisfied they will be.

SS&C Announces 1H2022

This release furthers our investment in areas that give users more transparency into their data and the ability to more quickly and confidently manage workflows to ensure predictable outcomes.

LGT now offering direct investments in cryptocurrencies

The demand for cryptocurrencies has risen sharply in recent years.

SMArtX secures $30m investment from Morningstar Investment Management

This is expected to enable SMArtX to roll out new product offerings, including fixed income strategies in unified managed account (UMA).

Leumi ABL picks Lendscape to power new funding operations

The project is part of Leumi ABL's wider business transformation and required close collaboration between both teams to ensure a successful implementation and roll-out.

Evolving Needs for Fund Administration in Europe

More often than not, a firm simply outgrows its administrator, and may need more outsourcing capabilities.

CREALOGIX recognised at The Digital Banker CX awards

Digital tools need to interact with real-life services in order to connect with real-life people.

Five key client onboarding challenges that your wealth firm must address

Differing perspectives is just one of the many problems faced by the wealth management industry that have beset clients in their onboarding experience.

As BNPL gains popularity with consumers and merchants, banks will need to carefully consider their position in this growing market.

Banks have let FinTechs take the lead in the BNPL space – challenging their dominance will not be easy.