Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/Buy side

SimCorp expands partnerships ecosystem with WTax

SimCorp, a leading provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, today announces a new collaboration, with WTax, a world leader in withholding tax recovery services, to respond to the buy-side struggle for efficient recovery of withheld tax, across borders.

11 November 2020

Company update/people

Jenny Chen joins big xyt as America head of sales

big xyt, the independent provider of market data analytics and smart data solutions, is pleased to announce Jenny Chen has joined their executive team as Managing Director, Head of Sales in the Americas.

09 November 2020

Company update/crypto

Crypto exchange Gemini launches in UK

Gemini today announced it is expanding fully into the United Kingdom (UK), providing individuals and institutions with simple, reliable, and secure cryptocurrency exchange and custody services in pounds sterling (GBP).

24 September 2020

Company update/wealth

Singapore digital wealth manager raises $18.6m

Syfe, the Singapore-based digital wealth manager, today announced that it has successfully closed a SG$25.2 million (US$18.6 million) Series A funding round led by Valar Ventures, one of the world’s leading VC funds for high potential fintech companies.

23 September 2020

Company update/wholesale

Indata puts out software release

Indata, a leading industry provider of software, technology and managed services for buy-side firms, today announced a software release providing enhanced functionality and productivity improvements based on client feedback and industry demand.

22 September 2020

Company update/wealth

Crypto ETP provider recruits new COO

21Shares AG, the pioneering issuer of Exchange Traded Products (ETPs) with cryptocurrencies as underlying assets, has added to its executive team with the appointment of Lucy Reynolds as Chief Operating Officer.

22 September 2020

Company update/wealth

Wealth manager 7IM launches new platform

7IM has significantly enhanced its platform with the launch of a series of updates and enhancements to further improve the user experience.

22 September 2020

News/crypto

Investors to increase allocation to crypto assets

The growing number of startups offering crypto investment services will be buoyed by news that institutional investors are set to increase the amount of capital they spend on crypto assets.

22 September 2020

News/startups

Exabel closes $3.6m funding round

A startup that offers AI analytics to asset managers has raised $3.6m in its third funding round bringing the total capital raised to more than $12m.

21 September 2020

Company update/people

Vontobel hires fintech boss to lead digital expansion

The investment manager Vontobel, which ranks as one of the leading and most innovative Swiss providers of digital investment solutions for European investors with its digital platforms such as ‘derinet’ and ‘Volt’, has hired the financial markets and fintech expert Toby Triebel.

21 September 2020

News/markets

Deutsche Börse acquires majority interest in Quantitative Brokers

Deutsche Börse is acquiring a majority interest in Quantitative Brokers, a buy-side supplier of execution algorithms and data-driven analytics for global futures, options and interest rate markets.

17 September 2020

News/wholesale

JP Morgan and Blackrock tap Saphyre AI tech to automate account opening

JP Morgan’s Securities Services and BlackRock have turned to fintech Saphyre to digitise their account opening workflows.

15 September 2020

News/wealth

Franklin Templeton targets millennials with digital WM platform

Global asset manager Franklin Templeton has set its sights on penetrating the millennial investment market by recruiting a fintech from the gaming sector to help it build a digital wealth management platform.

14 September 2020

Company update/markets

AccessFintech and JP Morgan team on real-time payment statuses for buy-side

AccessFintech, which delivers collaboration, transparency and control to the financial services industry, announces today that it has extended its partnership with J.P. Morgan to include real-time transparency to payment statuses and workflow for dividend, income and cash wire movements.

03 September 2020

Company update/wealth

Indian fintech Niyo acquires Goalwise

In a bid to expand its product offering to the millennials, Niyo, India's leading digital banking fintech start-up, has acquired Goalwise, a new-age mutual funds investment platform.

28 July 2020

Company update/wholesale

Temenos using AI for fund administration

Temenos (SIX: TEMN), the banking software company, today announced that it’s the first to launch a SaaS Explainable AI (XAI) model to help fund administrators, insurers and asset managers and custodians improve operational efficiency by leveraging static and transactional data patterns, coupled with human judgement and expertise.

28 July 2020

News/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

27 July 2020

News/markets

Big banks invest in Capital Markets Gateway

A host of Wall Street heavyweights, including Goldman Sachs and JP Morgan, have joined a $25 million funding round for Capital Markets Gateway (CMG), a fintech startup that facilitates equity capital market transactions.

25 June 2020

Company update/wealth

Quantum Advisory selects RiskFirst for pension analytics

Quantum Advisory, a leading independent financial services consultancy, has selected PFaroe, the web-based pensions risk analytics platform from RiskFirst, a Moody’s Analytics company.

05 June 2020

Company update/wealth

Rise Wealth Technologies rebrands as Quantumrock

RISE Wealth Technologies, the Munich-based AI investment technology firm, has today unveiled a new name, new logo and a new website as part of an extensive rebranding initiative. The business is now known as Quantumrock.

05 June 2020