Managers of Wealth

Anti-Money Laundering and AI at HSBC

HSBC saw past this false choice and transformed its AML process using enterprise grade AI.

Would you take financial advice from a robot at your bank?

It added that customers will be given their costs in a pounds and pence figure.

The rush to digital banking has failed to impress some clients

The paper highlights the banking industry’s rush to digitisation, which has left some clients feeling overwhelmed by features and banks undertaking digital projects ‘in the dark’ with no concrete strategy.

Digital with a human touch

This person, being accustomed to how quickly we can access information in today’s world, also expects to access the information immediately without logging into various systems

PlaySight Announces Investment from Verizon Ventures and Greg Norman

Strategic Partnership Will Aid in Global Expansion and Introduce Revolutionary Technology in Golf and New Sports Verticals

ACOLIN InfoTech AG launches new publishing platform

ACOLIN is accessing a new market segment and expands its service package for asset managers by the addition of another important building block.

Cash Is Dead, Long Live Cash

The march toward a cashless society, it seems, is unstoppable. Young people especially, as well as the better off and better educated, are increasingly at ease paying by card or mobile phone.

Wealth Managers' Big Data projects often fail due to poorly planned implementation strategies

Financial providers have looked for ways to leverage the power of Big Data by implementing new digital ecosystems intended to take advantage of increased data volume.

UBS' Zeltner Is Set to Complete IT Project

The integration of the basic infrastructure generated an enormous advantage in terms of costs, Zeltner said.

Banking On Wealth Tech

Several banks and global wealth management firms have made co-investments in wealth tech.

Banking On Fintech: Where Incumbents Are Making Investments In Wealth Tech

Top firms are making bets in wealth tech including Goldman Sachs, JP Morgan Chase, Blackrock, and others.

WeChat users can now buy luxury fashion goods through the app

Louis Vuitton and Dior brands are reportedly testing demands for their products through flash sales on the app.

40,000+ downloads of e-money app deVere Vault by end of 2017

Nigel Green, the founder and CEO of deVere Group, comments: “Our extensive market research and our 15 years’ experience of offering cross—border financial advice to internationally-mobile individuals, globally-focused firms and expats in

Vanguard to seize wealth management industry with its digital platform

Vanguard Personal Advisor Services has quietly amassed over $65 billion in assets under management in two short years

Goal-based Investments in the Digital ERA

User experience is either satisfying and pleasant. Supporting goal-based investment processes: done.

Wealth Platform Hits Record

The company’s growth has been underpinned by a strong team who are focussed on delivering better outcomes for advisers, their clients, licensees, fund managers, stockbrokers and shareholders.

Robo advisors are taking the emotion out of wealth management — but not everyone thinks that’s a good thing

There’s no hand holding for times when markets sag and the frightened flee.

New tool uses behaviour economics to figure out ‘wealth personality’

Technology helps advisors identify clients’ blind spots

Boutique asset managers: The path to scale By Lee Burchell

Regulations (e.g. Basel III) have made banks more conscious of their costs and margins, so they are prioritising work with larger tier-one/tier-two asset management firms instead of boutiques.

With $25 million in funding, Prumentum Group is building a “hybrid robo” wealth manager

Over the last 18 months, the team behind Prumentum has been working on a dual-track strategy to provide a mix of technology and human advice

FinTech