Welcome to the 33rd 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 December 2nd to December 8th, features 33 market developments.
- Advisor Engine’s Junxure launches digital account opening integration with Schwab (Weblink)
- AI Systems launches Quantrader robo investment adviser (Weblink)
- Aite Group research shows robo platforms manage US$283 billion (Weblink)
- BBVA launches ESIConnect platform for portfolio, securities and fund services (Weblink)
- BlockFi launches crypto trading platform (Weblink)
- BNY Mellon Pershing hires two to UK team (Weblink)
- Cignpost instant life product added to Anorak platform for advisers (Weblink)
- Emkay Global Financial Services launches mobile client app (Weblink)
- Empyrion Wealth Management launches digital financial planning platform (Weblink)
- Envestnet Yodlee wins JP Morgan Chase as data aggregation client (Weblink)
- Equisoft partners with Refinitiv for web-based fund sales platform (Weblink)
- Flourish Cash announces integration with eMoney Advisor (Weblink)
- Intellect Design Arena launches RM Office 2020 for wealth managers (Weblink)
- JD Power research says consumer satisfaction with wealth management apps behind other financial sectors (Weblink)
- Just Group moves portfolio of drawdown customers to the Embark platform (Weblink)
- LPL Financial reduces ClientWorks’ client onboarding times by 5 minutes (Weblink)
- Maybank selects Avaloq to run premier business in Singapore (Weblink)
- Motive Partners leads deal to buy 60% of Fiserv’s Investment Services business (Weblink)
- Nationwide Advisory Solution’s fifth Advisor Authority survey find Millennial advisors more focused on technology (Weblink)
- Private wealth now biggest source of funding for European VCs (Weblink)
- PWC and Fenergo partner to deliver AML and KYC as a managed service (Weblink)
- Redtail Technology’s AdvisorComms 2019 survey reveals advisors moving nearer to tech-based comms (Weblink)
- Robinhood reaches more than 10 million accounts (Weblink)
- SEI launched its developer portal (Weblink)
- Snappy Kraken partners with Sawtooth Solutions (Weblink)
- TIG Advisors selects SS&C Technologies for portfolio accounting (Weblink)
- Visible Capital raises GB£500,000 (Weblink)
- WealthTech source of third most FinTech IPOs since 2007 (Weblink)
- Wellington Management partners with Artivest (Weblink)
- Wealthsimple to spin out its B2B Wealthsimple for Advisors offering (Weblink)
- LifeYield announces integration with Schwab Advisor Services (Weblink)
- UBS considering the sale of UBS Fondcenter (Weblink)
- Wealthfront to add mortgages to its banking plans (Weblink)