Latest Results from /wealth
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Big Tech companies such as Google, Apple and Microsoft have yet to encroach on the investment funds industry, but new research from distribution network Calastone suggests they would have a ready market from young millennials.
23 October 2019
BNP Paribas is to acquire a 22.5% stake in wealth mangement technology company Allfunds as part of an alliance to build a new fund distribution platform.
21 October 2019
Bank of the West is tapping impact investing tech from OpenInvest to provide clients with personalised environmentally-friendly and socially-conscious investment portfolios.
10 October 2019
London-based AI-enhanced digital wealth manager Rosecut Technologies has secured investment from QVentures.
09 October 2019
Poste Italiane and Allianz Asset Management have each acquired a minority stake in digital wealth management company Moneyfarm.
26 September 2019
The most senior technology executive at Wall Street firm Goldman Sachs is reported to be stepping down amid a clear out of senior partners, raising questions about the direction of Goldman's technology strategy
05 September 2019
A business owned by Alan Howard, the billionaire founder of hedge fund Brevan Howard, is reportedly planning to launch a new $1bn venture focused on cryptocurrency hedge funds.
30 August 2019
Temenos has strengthened its hand in the US by agreeing to buy digital banking SaaS outfit Kony for $559 million and an earn-out of $21 million.
29 August 2019
Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.
18 July 2019
Australian investment technology platform Jacobi is targeting the UK after securing $11 million in funding from a group of Silicon Valley VCs.
09 July 2019
BNY Mellon's Pershing unit has unveiled a host of initiatives designed to help clients streamline and digitise their wealth management efforts.
13 June 2019
Danish investment management technology firm SimCorp has struck a deal to buy data management specialist AIM Software for EUR60 million.
06 June 2019
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