FinTech

2605 articles found

FinTech

Assetmax founder to exit Infront to launch new business

Massimo Ferrari, the founder and longstanding CEO of portfolio management software Assetmax, is set to leave four years after its purchase by Infront.   ‘We’re incredibly happy that Massimo Ferrari, a natural-born entrepreneur, has decided it is time to build another business,’ Infront confirmed to Citywire.   ‘We look forward to partnering with Massimo and […]
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FinTech

Iress teams up with Thoughtworks on wealth tech

Iress has partnered with Thoughtworks to update core systems, streamline its technology set-up and support AI-related growth in its Wealth division.    Under the arrangement, Thoughtworks will contribute work in technology advisory, engineering, cloud and AI as Iress moves to reshape its wealth technology platform.     The project will also draw on Thoughtworks’ customer experience […]
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FinTech

AI platforms are giving ultra-wealthy families flawed financial answers, study finds

A new audit of leading artificial intelligence platforms has raised concerns about the reliability of AI-generated advice for ultra-high-net-worth families, particularly on complex estate planning, insurance, and wealth transfer strategies.   The report, published jointly by 5W and Haute Wealth, reviewed how ChatGPT, Perplexity, Gemini, Claude, and Microsoft Copilot respond to sophisticated financial planning questions […]
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FinTech

Goldman Sachs, J.P. Morgan, TD Securities, Morgan Stanley, and Bank of America Join LTX in Bid to Unlock Greater Liquidity in Corporate Bonds

LTX, an AI-powered corporate bond e-trading venue backed by global Fintech leader, Broadridge Financial Solutions, Inc. has announced that Goldman Sachs, J.P. Morgan, TD Securities (through its subsidiary, TD Financial Products LLC), Morgan Stanley, and Bank of America have joined LTX as fully integrated liquidity providers.    This major milestone underscores the participants’ commitment to […]
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FinTech

Standard Chartered sets up AI lab to test banking use cases

Standard Chartered Bank (Singapore) Ltd. is setting up an artificial intelligence (AI) lab with Agency for Science, Technology and Research (A*STAR) to test applications in wealth management and fraud control as banks move from pilots to commercial use.   “The partnership focuses on applied use cases that can meaningfully improve client experience and operational effectiveness,” […]
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FinTech

Bayer AG Successfully Migrates to Broadridge Swift Service Bureau, Strengthening Global Payment Infrastructure

Bayer AG has successfully completed its migration to the Broadridge Swift Service Bureau (SSB) by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR).    The transition modernizes Bayer’s global payment infrastructure and enhances secure, standardized financial messaging across its international operations.   “The successful migration to Broadridge’s Swift Service Bureau represents an important step […]
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FinTech

Canton of Lucerne Joins the Swiss Blockchain Federation

Today, Canton Lucerne ranks among the ten most active blockchain regions in Switzerland. According to the latest CV VC Crypto Top 50 Report, the canton is home to 73 active blockchain companies, with a clear concentration in consulting and advisory services. Lucerne thus makes a substantial contribution to the breadth and richness of the Swiss […]
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FinTech

Temenos Expands its SaaS Offering on AWS

Temenos has announced an expansion of its SaaS offering on Amazon Web Services (AWS), adding Digital Banking and Payments to its existing Core Banking SaaS on AWS.   With this expansion, financial institutions globally can now deploy end-to-end banking capabilities – spanning core, digital and payments – as Temenos SaaS on AWS. This gives banks […]
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FinTech

Why secure communication is wealth management’s overlooked growth opportunity

Improving communication capabilities might not strike wealth management firms as important as tools that streamline trading or insight generation.    However, Michael Lynch, chief operating officer at Symphony, believes this space opens up a range of often overlooked growth opportunities for firms.   Symphony is a technology firm pioneering the transformation of communication within wealth […]
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