Objectway signs new wealthtech customer in vdk bank
Belgian bank builds out systems with two modules from Objectway.
Belgian bank builds out systems with two modules from Objectway.
Luxoft Financial Services is moving into the Avaloq implementation and consulting business with the acquisition of Unafortis, a Swiss wealth management consultancy firm.
Switzerland-based core banking software provider ERI has joined forces with another domestic IT firm Swisscom to offer private-banking and wealth management outsourcing services to banks and financial institutions operating in the Swiss financial centres.
Linedata has expanded its outsourcing business into Asia with the acquisition of Quality Risk Management & Operations (QRMO), a provider of outsourced middle-office, shadow accounting and risk monitoring services to the asset management and securities industries.
US-based InvestCloud is going to launch a fintech incubator and accelerator at its European headquarters in Soho, London. Dubbed InvestCloud Innovation Centre, it will enable start-ups and established firms to create wealth management solutions supported by the InvestCloud platform.
Wealthsimple, a Canada-based online investment management service, is coming to the UK.
Private banking and wealth management transformation programmes don’t need to be too risky, lengthy or costly!
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Australia-based banking tech provider Rubik has signed wealth management company Yellow Brick Road (YBR) for its scaled advice solution, Provisio.
The world’s largest wealth manager UBS has extended its long-standing agreement with EPAM Systems, a provider of product development and software engineering solutions. The agreement – worth over $300 million – “supports the bank’s strategic cost reduction programme”, according to EPAM.
Validata Group, a specialist in enterprise software testing and release automation, has teamed up with OneAston, a Singapore-based tech services provider to the wealth management industry, to jointly work on Temenos’ WealthSuite projects.
Who do you trust with your money? Well, if the latest talk in personal finance is anything to go by, we’ll soon be placing our trust in an altogether less warm-blooded beast. Move over mankind: the robots are coming. But not so fast!
FNZ, an investment management software specialist, is working on a major technology revamp at the UK-based private bank and wealth manager Kleinwort Benson, Banking Technology understands.
UK-based wealth and investment management firm Brooks Macdonald is believed to have scrapped its plans to implement a new wealth management system. The project was underway for some time, with domestic software developer Third Financial to deliver its Tercero platform, front-to-back office, to Brooks Macdonald.
McKinsey has bought PriceMetrix, a Toronto-based data and analytics company focused on the wealth and asset management sector. McKinsey says that “PriceMetrix will retain its management team, brand and identity, and will work in close collaboration with McKinsey’s wealth and asset management team”. PriceMetrix’s tools – ValueOne, CommissionCheck and FeeCheck – are complementary to McKinsey’s […]
Bank of Montreal Asia Pacific, part of Canada’s BMO Financial Group, will implement Temenos’ flagship core banking system, T24. The bank is based in Hong Kong and focuses on the high-net-worth segment in Hong Kong and Singapore. It has around 1,000 clients. It is understood that the bank went through a selection process prior to […]
International Private Banking Systems (IPBS), a Caribbean software vendor focused on wealth management and private banking sectors, has joined forces with eShore, an IT services provider to offshore international banks and FIs. According to the agreement, Cayman Islands-based eShore will be marketing and selling IPBS’s flagship core banking system, also dubbed IPBS, across a number […]
Morgan Stanley has appointed Naureen Hassan as chief digital officer for Wealth Management, a new position in which she will lead the strategy and marketing of digital tools and platforms serving the firm’s 16,000 financial advisors and 3.5 million clients. Naureen Hassan served most recently as executive vice president, Investment Services Segments and Platforms at […]
Global investment and private bank, UBS, has signed an agreement to expand its use of the AppDynamics Application Intelligence Platform across its critical applications to supports its digital transformation initiatives. “Using AppDynamics we have been able to improve the speed at which we identified and remediated application issues, as well as avoid incidents in the […]