Welcome to the fourth 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 May 13th to May 19th, features 30 plus market developments.
- 55ip launches tax managed index strategy solution (Weblink)
- Advyzon reaches 500 clients after five years in the market (Weblink)
- Atria Wealth Solutions launches new client portal called Clear1 (Weblink)
- Chalice Financial adds Riskalyze, NRS and WeWork to its member package (Weblink)
- Co-founder of Scalable Capital in the UK to leave firm (Weblink)
- FA Match launches FA Match Alliance with partners AdvisorAssist, LifeYield, Oranj, Orion Advisor Services, Redtail Technology and Riskalyze (Weblink)
- Fenergo partners with Refinitiv to help clients identify risk (Weblink)
- FinMason adds Todd Eckler to its advisory board (Weblink)
- Goldman Sachs buys United Capital (Weblink)
- Goldman Sachs leads investment into German robo advisor Elinvar (Weblink)
- InterGen Data closes US$800,000 in seed funding from angel investor (Weblink)
- InvestCloud appoints new Chief Strategy Officer (Weblink)
- Investec closes its click & Invest robo business after GB£32 million total loss (Weblink)
- Ladenburg Thalman pushes out new tax app for independent advisors (Weblink)
- LifeYield makes Income Advantage tool available to a broader range of subscribers (Weblink)
- Liquidnet buys financial research marketplace and aggregator RSRCHXchange (Weblink)
- Midwinter acquires data feed repository provider InvestmentLink (Weblink)
- Nest Wealth acquires financial planning software firm Razor Logic Systems (Weblink)
- New UK robo adviser InvestEngine launches with lower fees (Weblink)
- Novia completes in-house technology platform upgrade (Weblink)
- Nucleus launches new portal for adviser clients to view their investments (Weblink)
- OpenFin raises US$17 million in fundraise (Weblink)
- OS33 and Docupace partner (Weblink)
- RIA in a Box announces new cybersecurity offering for RIAs (Weblink)
- Starburst Lab’s WealthBox integrates with SS&C Technologies’ Black Diamond Wealth Platform (Weblink)
- The Hajdari Group announces new InvestHalal to ensure Shariah-compliant asset management (Weblink)
- Tavistock Investments launches its D2C app (Weblink)
- Transact posts 15% asset rise in 6 months to end of March 2019 (Weblink)
- UK wrap platform sales fell 43% for the year ending March 2019 (Weblink)
- Vanguard building new tech platform for advisers to rival BlackRock’s Aladdin (Weblink)
- Vanguard looking to offer PAS as a solution to third-party advisors (Weblink)
- XYPN LIVE 2019 opens annual fintech competition (Weblink)
- Zoe Financial wins Morningstar’s annual fintech awards (Weblink)