Managers of Wealth

How has banking IT changed after the industry's Armageddon?

The news sent the City into meltdown and took thousands of IT jobs with it.

Global wealth managers predicted to spend $35bn on IT by 2016

Apps are expected to be a key part of the development plans for groups.

UK Wealth Manager Selects Advent’s Platform for Asset Management

The wealth manager caters to high-net-worth individuals, and has £2 billion in assets under supervision.

Parmenion pilots wealth management ‘toolkit’

New toolkit includes white label documents that can be branded with an advisers logo and includes portfolio-building guides.

Pershing launches practice management programme for wealth managers

The service, which is established in the US, includes business ‘health checks’, presentations from Pershing executives and external speakers, group discussions and information on new Pershing services.

SS&C reports Q2 revenue rise

SS&C Technologies Holdings has announced its financial results for the quarter that ended June 30, 2012.

HSBC Private Banking Unit Renews Relationship for SEI Global Wealth Services

The contract extension means that GWS will continue to power HSBC's UK Private Banking offering for three additional years.

Leading wealth management technology provider strengthens Board with outside expertise

He brings significant expertise in growing and running successful software companies, with specific expertise in global enterprise software sales and mergers and acquisitions.

Claranet brings a wealth of benefits to Third Financial

A new breed of young, wealthy and technology-literate individuals now expect to do business on their mobile devices – including managing their money.

City has failed on unfit IT systems

Banks are using computer systems that are “unfit for purpose” and as a result have little idea what is going on inside their own businesses, according to a new in-depth report on the technological problems facing the industry.

Knight Capital 'has 48 hours' to save itself after IT glitch causes $440m loss

Knight Capital is fighting for survival after a $440m (£283.6m) trading loss caused by a software glitch wiped out much of its capital, forcing Knight to seek new funding as its shares plunged as much as 80pc in two days.

DST Global Solutions address corporate action operational risk issues raised by ASIC report

DST Global Solutions will be showcasing its corporate actions automation solution, powered by XSP’s v5 platform at Mission 2012, the Financial Services Council’s annual conference held on the Gold Coast from August 1-3, 2012.

Security breaches within financial services damage far more than just reputation

Can someone please tell us what the point of Corporate Compliance Officers are?

UBS Selects Oracle Fusion Human Capital Management in the Cloud

Firm Sees Benefit From SaaS Delivery of Extensive HCM Functionality

SS&C GlobeOp Launches e-Investor for Thousands of Advisors

Large Financial Institution Streamlines Investor Document Processing and Enhances Compliance

Banks need Rogue IT and start-ups to innovate: ex-Westpac CTO

Rogue IT refers to setting up a small IT division in a company that is not subjected to the usual oversight of the business.

Advent Software Wins Systems in the City Award

Advent Receives Recognition in the Prestigious UK Awards as the “Best Investment Tool” for the Financial Services Industry

Banks told to fix systems after RBS crash

British banks will come under pressure from the City regulator to upgrade their dated IT systems following the failure that engulfed Royal Bank of Scotland a month ago.

Avaloq appoints former Coutts IT chief

Press release is in German

Dynasty expands wealth management platform with two new hires

The additions Strengthen Dynasty's Rapidly Expanding Wealth Management Platform

FinTech