Managers of Wealth

Over half of Asia's wealth managers want a tech refresh, says Avaloq

Enhanced data visualisation and increased process automation are among the top functions desired by wealth managers

Endowus x Intellect Wealth & Wellbeing Report: 40% of Gen Z and Millennial Workers in Hong Kong Often Think About Leaving Their Jobs

The findings of the study establishes a virtuous, cyclical relationship between high levels of financial wellbeing and personal wellbeing.

Accenture: Gen AI could lift revenues of Asia's wealth managers by 8%

The report's key themes span the use of generative AI, the growth of the Asian wealth management industry and offshore opportunities.

Consumer Duty is transforming wealth management but there is still work to be done

Navigating the regulation’s requirements has also brought challenges, and applying Consumer Duty principles consistently across value chains has proven to be complex and time-consuming.

Capgemini H1 2024 results

Capgemini generated revenues of €11,138 million in H1 2024, down -2.5% year-on-year on a reported basis and -2.6% at constant exchange rates*.

WealthBlock addds new functionality for investor onboarding, marketing and reporting

The platform delivers the most superior user experience, interface and functional design to support any workflow, investor journey or reporting that asset managers require to support investors.

JPMorgan rolls out Generative AI 'research analyst' to staff

Already at the desks of 50,000 staff, the next phase of the roll out has placed the product in the hands of employees of the lender’s asset and wealth management division.

SEI Reports Second-Quarter 2024 Financial Results

Diluted earnings per share were $1.05 in second-quarter 2024 compared to $0.89 in second-quarter 2023.

Generative AI in organizations 2024

Report from the Capgemini Research Institute

5 FinTechs boosting Wealth Management in the USA

Due to evolving FinTechs, the masses are better equipped to make informed financial investment decisions and be aware of the trends within the wealth allocation and management industry.

Thought Machine and Quantifeed join forces for private banking drive

Quantifeed’s QEngine platform and Thought Machine’s Vault Core offer a comprehensive solution for private banks.

Apex Group appoints Novigi as data and technology partner

It builds on prior collaboration between Apex Group and Novigi and combines expertise and resources to deliver a scaled platform for current and future clients.

Carmignac launches tech equity fund

Carmignac Portfolio Tech Solutions, as the new fund is known will use a blended investment approach, mixing a growth-focused investment strategy with value opportunities.

Zug wealthtech firms merge to enhance AI offering

Etops Group has merged with sales intelligence firm Selli.

Sygnum launches Connect 24/7 Multi-Asset Instant Settlement Network

Sygnum Connect fills the current industry gap for a complete solution that delivers the capital efficiency, on-demand liquidity

Bain Capital close to sealing deal to buy Envestnet, sources say

More recently, in April, Reuters reported that Envestnet was once again contemplating a sale, which led to a surge in its share prices.

Broadridge Named a Luminary in Reconciliation Systems by Celent

Celent defines its ‘Luminary’ designation as excelling in solution capabilities and for having a leading market presence.

Pictet Alternative Advisors buys Technology Services Group

Second UK investment by direct private equity team

ERI named #1 best-selling banking software in Private Banking & Wealth Management by IBS Intelligence

This recognition underscores our commitment to delivering top-tier banking solutions tailored to the needs of high-net-worth clients.

New global platform for digital assets and wealth management launched

Abra Treasury’s integrated offering combines custody, trading, borrowing and yield services through separately managed accounts where clients retain title and ownership over their assets, and they are independently verifiable on-chain.