MarketAxess acquires Pragma to leverage quantitative trading technology
MarketAxess aims to accelerate the development of quantitative execution algorithms for fixed-income products.
Wealth Management
Clearstream migrates regulatory reporting to Regnology’s Rcloud platform
Rcloud was the result of Regnology’s November 2022 partnership with Google Cloud.
Challenging funding environment pushes LedgerEdge into administration
David Robert Baxendale and Edward John Macnamara have been appointed as joint administrators.
Allfunds acquires local paying agent business of Iccrea Banca
The acquisition enables Allfunds to develop its position in Italy as a local paying agent business.
Robinhood reignites plans for UK expansion with chief exec hire
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
BlackRock and Jio Financial Services to launch joint asset management venture in India
The announcement follows JFS’s recent demerger from Reliance Industries.
Wealthtech GBST strengthens cloud portfolio with Advice Intelligence acquisition
The deal follows GBST’s acquisition of WealthConnect, the Salesforce-based CRM solution, in May.
Banking Tech Awards 2023: Nominations deadline extended!
Submit your nominations before 4 August 2023!
FusionIQ integrates with wealth management platform Blueleaf
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
Platform One appoints former SEI operational director Terry Leavy as new COO
Leavy joins the company following a decade-long stint at US financial services firm SEI.
Rimes supports digital transformation of Jana with Matrix solution
Jana has gone live with the solution in an effort to streamline and automate its operational processes.
Digital asset firm Laser Digital snaps up Elysium Technology Group
Laser says the deal will help bring cross-asset post-trade capabilities to institutional digital asset investors.
FinTech Futures Jobs: Is your office culture blameless, or blame-filled?
Explore thousands of open roles on the FinTech Futures Job Board today.
Digital banking tech provider Backbase acquires wealthtech Nucoro
Nucoro’s offering will be incorporated into the Backbase Engagement Banking platform.
Wealthtech OneVest secures CA$17m in Series A funding
It will use the funding to accelerate growth, expand into the US market, and to expand its team.
FinTech Futures: Top five stories of the week – 2 June 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Banque Richelieu Monaco picks ERI’s Olympic Banking System
The project will be delivered as a Software-as-a-Service (SaaS), ERI says.
FinovateSpring 2023: The top trends shaping the future of financial services
This year’s FinovateSpring conference has put digital transformation and innovation at the top of the agenda.
Aviva migrates equity release service from legacy to Phoebus
Aviva will migrate its entire portfolio of 300,000 accounts, equating to £13bn of assets, onto Phoebus’ system.
American Bank & Trust taps Marstone for digital wealth management offering
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
Join the elite panel of judges for Banking Tech Awards 2023
Apply to become a judge for the Banking Tech Awards 2023!
Accuro selects Objectway to power new wealth management platform
The new solution is built on the vendor’s Objectway Platform offering, hosted on the cloud.
Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm
Deutsche Bank plans to fold its UK and Ireland corporate finance business into Numis.
ICYMI fintech funding round-up: m3ter, Niro, Tembo and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Bunker taps InvestCloud to launch digital investment platform in LatAm
Bunker will make it easier for LatAm consumers to open and manage US investment accounts.
South Korea’s Kakao Pay eyes majority stake in Siebert
Kakao Pay has acquired a 19.9% stake in the US firm and plans to buy an additional 31.1%.
OWIN23: Key takeaways from the Objectway user conference
Wealthtech and banking technology provider Objectway sets out its strategy.
NZ wealth manager JBWere taps Duco for cash and asset reconciliations
JBWere NZ will use Duco to reconcile cash and securities held with sub-custodians, share registries and banks.
Banking Tech Awards 2023: Nominations now open!
This year’s ceremony will be held on 30 November 2023 at the Royal Lancaster Hotel, London.
BMO Financial Group names Darrel Hackett as new US CEO
Hackett was most recently president of BMO’s wealth management division in the US.
FinTech Futures: Top five stories of the week – 21 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Goldman Sachs mulls potential sale of BNPL fintech GreenSky
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
Clearstream launches new bank in Luxembourg for institutional fund investors
The new entity, named Clearstream Fund Centre, operates under a Luxembourgian commercial banking licence.
WealthKernel names Brian Schwieger as new board chair and non-exec director
Schwieger was previously global head of equities and ETF trading at the London Stock Exchange.
Virgin Money partners FNZ to launch new digital investment platform
The new offering will provide Virgin Money customers with three investment funds to choose from.
Investment platform Altruist raises $112m in Series D funding
The new funding follows a previously undisclosed $110 million Series C round in November 2021.
FinTech Futures: Top five stories of the week – 7 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
French private bank Milleis completes core banking tech revamp with ERI
Milleis, which stems from Barclays’ wealth management business in France, embarked on the project in 2018.
Rathbones acquires wealth management arm of Investec in £839m deal
The new combined UK entity will have around £100 billion in funds under management.
Sergio Ermotti returns to UBS as group CEO to help manage Credit Suisse takeover
Ermotti was previously group CEO of UBS for nine years between 2011 and 2020.
