Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
WealthTech
Top fintech stories this week – 3 May 2019
May issue is out!
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
FNZ unveils market infrastructure for asset managers on blockchain
In partnership with an array of fund managers in the UK.
AI and ML empower advisors by predicting their clients’ economic behaviour
The advisor’s role goes beyond managing money; it has shifted to managing lives.
Greece’s Praxia targets deposits market through Raisin
Challenger bank is the first in Greece to tie up with the German fintech.
Swiss fintech opens up alternative investments market with new platform
Ambitions to become leading global marketplace.
White paper: Empowering Investment Bankers with Data Science
How to build the modern CRM system with built-in AI and machine learning.
Indian wealthtech Kuvera raises $4.5m
The firm was founded in 2016 as India’s first free-to-use web-based direct mutual fund investment platform.
Banking Technology April 2019 issue out now
Fintech spring is here, bringing the world colour.
A five-year crypto plan: here’s what we can expect
Fintechs must stop squabbling with the regulators for real progress to be made.
Integral delivers mobile trading app for Arab Bank in Switzerland
Integral’s solutions are used by banks, brokers and asset managers in the foreign exchange market.
Brewin Dolphin upgrades digital capabilities with Avaloq tech
The wealth manager says it has £34.9 billion under management.
SocGen’s trading woes amount to 1,600 staff cuts
CEO has left and trading is in a slump.
SESAMm targets US market after EUR 4.4m funding round
Expansion to Japan and London is the next objective.
TradeIt to be acquired by TradingView
The company will leverage TradeIt’s technology to bring mobile trading.
Broadway Technology acquires Barracuda FX for wealthtech push
Broadway will retain the full Barracuda FX team, operating as an independent company.
Ampega Asset Management amps it up with Murex
The wealthtech will implement MX.3 for fixed income, equity, funds, FX.
Kyriba plans $160m growth round led by Bridgepoint
$60 million earmarked for innovation investment.
Canada Life moves to UK with Temenos’ tech support
The Multifonds Global Accounting platform will consolidate investment assets.
Nutmeg prepares crowdfunding and international launch
The crowdfunding on Crowdcube will come in summer.
Wealth managers can adapt to digital assets and thrive
There are 2,000+ digital assets worth over $200bn, and a wide variety of digital investments on offer.
Capdesk raises £1.5m to aid in employee share plans
As firms compensate staff with the own firm’s shares, liquidity is not as easy as it seems.
Sova Capital picks Iress for wealth management middle-office
Iress will also provide post-trade processing services.
Envestnet | Yodlee to acquire PIEtech for $500m
This would be the tenth acquisition for the Chicago-based company.
Capital Markets Gateway gets its way with $7.5m funding
Creating a path for capital markets professionals with a round led by StageDotO.
CC&L chooses SimCorp to deliver integrated client communications
One of Canada’s largest firms in the sector, Connor, Clark and Lunn Financial Group manages over $55 billion in assets.
FCA urges end to exit fees on investment platforms
UK’s Financial Conduct Authority calls for feedback and more competition.
TickSmith powers CanDeal’s DataVault Innovations
The company will use the Data Pooling Platform to launch its Data-as-a-Service (DaaS) offering.
Bcause picks Nasdaq for market surveillance cause
It will go live in H1 2019 with launch of its new spot cryptocurrency market.
San Juan Mercantile Exchange partners up for digital assets solution launch
CQG, Elysium and Mercury Digital Assets will power exchange and banking tech.
Stash piles on rewards with stock-back launch
New York-based financial services platform officially boots up.
The new business models of banking
Analysis of three alternative business models for the banking industry.
Swiss crypto outfit Amun amasses $4m funding
“We are bullish on crypto in the long-term.”
UK fintech regulator puts bigger fines on the menu
FCA confirms increase in Financial Ombudsman Service award limit.
Omidyar Network releases fintech venture fund with Flourish
New firm Flourish launches evergreen fund backed by founder of eBay.
German savings marketplace Raisin acquires MHB Bank
Fintech buys bank. Yes, we worked that out thanks.
Singapore regulator’s new tech group targets risky business
Monetary Authority of Singapore makes some changes and gets truly focused.
Wealthtech Gluskin Sheff turns to Broadridge tech
New investment management tech will help manage portfolios and compliance.
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