11/10/2023
WealthTek goes into default but FSCS not open to individual claims
The FCA is currently carrying out a regulatory and criminal investigation into both WealthTek and its principal partner, John Dance.
FinTech
11/09/2023
Performativ Secures €5.5m to Transform Europe’s Underserved Wealth Management Sector
Performativ has rapidly emerged as the premier choice for the European wealth management sector, offering a game-changing core operating system that empowers financial firms to navigate the future on a scalable infrastructure.
11/09/2023
Barclays warns of 22 per cent surge in Black Friday scams
Purchase scams, where people buy goods which never arrive or aren’t as advertised, resulted in shoppers losing £970 on average over last year’s Black Friday period1.
11/09/2023
Opening doors to the world of alternative investments
New York-headquartered B2B fintech platform iCapital enables wealth managers and their clients to conveniently access private markets and hedge funds through its integrated marketplace.
11/08/2023
AI Fintech Black Ore Raises $60 Million With Eye Toward Accounting, Wealth Management
And earlier this year, Paris-based Mistral AI raised $113 million in its first funding deal.
11/08/2023
Broadridge Launches Two AI-Enabled Tools to Optimize Product, Strategy and Distribution Decision Making for Asset Managers
AI-enabled analytics enable asset managers to make evidence-based, strategic decisions
11/08/2023
Endowus Inks Tie-Up Focused on Employee Ownership
The tie-up seeks to improve the shareholder experience of Endowus employees and other minority shareholders.
11/07/2023
Syz Capital with operating partners Saturnus Capital take majority stake in digital marketing pioneer Capture Media
Backed by the Syz family, and in close partnership with Saturnus Capital, Syz Capital will deploy a strategy to expand Capture Media’s pioneering and highly differentiated offering in the DACH region.
11/07/2023
Zann Kwan believes the future of family offices and wealth preservation is digital
The CIO of Revo Digital Family Office explains the advantage of digital assets having a sharp know-your-client knife.
11/07/2023
Neovision launches digital wealth management offering for Gulf investors
Platform brings its expertise and access to an investment universe of over 35,000 securities and investment products together
11/03/2023
Broadridge Reports First Quarter Fiscal 2024 Results
Reaffirming FY'24 guidance, including 6-9% Recurring revenue growth constant currency and 8-12% Adjusted EPS growth
11/03/2023
SS&C's Black Diamond Wealth Platform Transforms Advisor Experience with Innovative Black Diamond CRM
This innovative module seamlessly complements SS&C's existing CRM solutions, Salentica Elements and Salentica Engage, providing firms with a low-maintenance option while ensuring a smooth transition to enhanced customization capabilities.
11/02/2023
St.Galler Kantonalbank Partners with SEBA Bank to Provide Digital Assets
The partnership between the two Swiss financial entities provides St.Galler Kantonalbank with regulated and secure custody and trading services for Bitcoin and Ethereum
10/31/2023
Endowus CEO: Technology is «Horribly Painful to Build»
Its strategy now will be mainly focused on further developing technology and expanding the dedicated team.
10/31/2023
UBS and Japan's SBI Complete VCC Token Pilot
SBI Digital Markets is a part of the parent company SBI Digital Asset Holdings
10/30/2023
Top 5 AI-Driven Security Threats for Family Offices in 2023
This complexity is particularly concerning for family offices, often smaller entities lacking the resources that large financials institutions have.
10/30/2023
Generation Start-up: How Vault seeks to reshape investment practices in the UAE
The ADGM-licensed digital wealth management platform aims to provide high-net-worth individuals with transparent advice
10/27/2023
JPM Coin: $1 Billion in Daily Transactions
Currently, JPM Coin allows wholesale clients to execute dollar and euro-denominated payments via a private blockchain network.
10/27/2023
Meta warns on softer ad spend environment in Q4
Otherwise, it was generally a good set of numbers from Meta delivering 21% sales growth, 3% ahead of expectations.
10/26/2023
SEI Reports Third-Quarter 2023 Financial Results
Third-quarter 2022 results included one-time costs of the voluntary separation program of $57.0 million resulting in $0.32 diluted earnings per share.