Welcome to the thirteenth 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 15th to July 21st, features 37 market developments.
- Abu Dhabi regulator issues robo-advisor regulatory framework (Weblink)
- Adviser Ratings launches D2C digital financial planning on Smart Tools register (Weblink)
- Advisor Group introduces CyberGuard program for broker-dealers (Weblink)
- AE Wealth Management brings on Director of Investment Technology and Solutions (Weblink)
- AlphaSense closes US$50 million Series B for product enhancement (Weblink)
- Bank of America considers making Merrill Edge a subscription service (Weblink)
- Betterment for Advisors moves in with Ritholtz for Liftoff remake (Weblink)
- CapBridge and Hana Financial Investment partner to deliver platform in South Korea (Weblink)
- Charles River assembles new Client Advisory Board focused on wealth management (Weblink)
- Digital wealth manager Syfe launches in Singapore with SG$5.2 million seed funding (Weblink)
- Family offices globally now manage $5.9 trillion (Weblink)
- FCA replaces its Gabriel data collection system (Weblink)
- Fidelity and Dynasty back technology-enabled ethical asset manager Ethic (Weblink)
- FirstRate and HiddenLevers integrate (Weblink)
- Flybits raises US$35 million to personalize customer experience with AI (Weblink)
- FNZ agrees deal to acquire JHC (Weblink)
- FNZ purchases German investment platform ebase (Weblink)
- Goldman Sachs invests EU€25 million in deposit marketplace Raisin (Weblink)
- Hiscox’s Cyber Readiness Report 2019 shows rise in cyber attacks (Weblink)
- Investment Adviser Association and ACA Compliance survey reveals cybersecurity as top concern for advisory firms (Weblink)
- Iress announces new managing director of UK business (Weblink)
- JHC integrates Ortec Finance goal based planning solution into digital wealth platform (Weblink)
- Kasisto announces launch of KAI Investment Management (Weblink)
- Lloyds to offer pension advice via app (Weblink)
- Lufax adds Know Your Intention module to wealth management interface (Weblink)
- Pictet hires new North Asia COO (Weblink)
- Refinitiv and Appway partner to streamline client onboarding and workflow for wealth managers (Weblink)
- Sanctuary Wealth hires new Chief Experience Officer (Weblink)
- SEI research reveals the impact of advisor biases on client outcomes (Weblink)
- Silver Wealth Technology's updates its Unified Data solution and Harmony platform (Weblink)
- Skience releases new version of its Portfolio Products solution (Weblink)
- Swiss regional bank Solothurn first to go live with True Wealth (Weblink)
- Tenemos acquires London-based explainable AI firm Logical Glue (Weblink)
- Thai wealth technology startup Jitta expands into Singapore and India (Weblink)
- UK financial firms see 300% increases in IT failures reported to FCA (Weblink)
- VinaCapital purchases Singapore-based robo-advisor Smartly (Weblink)
- Wealth Wizards hires new chief commercial officer (Weblink)
