Welcome to the eleventh edition of our Wealth & Tech Weekly newsletter
A part of our Wealth & Tech Monthly newsletter process, this weekly newsletter provides a quick overview of the latest wealth management technology-related developments from across the sector internationally. This week's, covering July 1st to July 7th, features 22 market developments.

• 1087% jump in the number of cyber incidents reported to the FCA (Weblink)
• Australia’s Adviser Ratings marketplace is raising on crowdfunding platform Birchal (Weblink)
• Avaloq agrees to buy Zurich-based information and data provider Derivative Partners (Weblink)
• BearingPoint adds 17 new partners to European partnership (Weblink)
• Deutsche Bank selects Finantix to streamline client onboarding and KYC processes (Weblink)
• DriveWealth partners with Sigma Securities and Trove Technologies to launch trading product in Nigeria (Weblink)
• Embark sells 40% stake in business to fund managers BlackRock, Legg Mason and Merian Chrysalis Investment Company (Weblink)
• Envestnet’s MoneyGuidePro launches MyBlocks Digital Marketing for RIAs (Weblink)
• Financial planning App Multiply to launch free robo advice service after FCA approval (Weblink)
• Former Coutts and Credit Suisse private banker launches digital wealth platform Rosecut Technologies (Weblink)
• Global forex CRM and back-office provider FX Back Office partnered with Tradesocio (Weblink)
• InvestCloud appoints as Rebeca Sanchez Sarmiento new CFO (Weblink)
• Northern Trust adopted a cloud DevOps framework to support more efficient technology development (Weblink)
• Novia Global appointed Steve Andrews as Managing Director (Weblink)
• Ortec Finance’s OPAL Solution selected in global accelerator Deloitte Digital Bank (Weblink)
• Personal Capital surpasses US$10 billion in AUM (Weblink)
• Proven Wealth in Jamaica becomes ERI Bancaire’s first Caribbean client (Weblink)
• Sopra Banking Software supports ABN Amro’s wealth management App Kendu (Weblink)
• SS&C Technologies bids for platform provider GBST (Weblink)
• Vestwell adds Lori Hardwick and Rana Yared to its board of directors (Weblink)
• Wealth Wizards’ robo IFA called MyEva launches (Weblink)
• WeInvest sets up operations in Thailand and hires market head (Weblink)