Tag: Wealth management

It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.

With the ESG-focused principles of MiFID II regulation coming into force, wealth management firms need to be prepared for its impact and how they can future-proof their investment processes.

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

Docupace, a front and back-office automation solution, has partnered with WalkMe to offer broker-dealers and advisors better tools to implement Docupace services.

Financial market data platform Refinitiv has expanded its financial crime solution tool suite into the wealth management and retail banking space.

Avaloq, a digital banking and wealth management software developer, has launched a suite of dedicated PSD2 solutions to help financial institutions capitalise on open banking.

State Street Corporation has acquired investment management software developer Charles River Development for an undisclosed amount. Through the acquisition, Charles River’s front and middle office...

Hatton Consulting has purchased Quantvex, a venture-backed technology startup focused on digital engagement for the wealth management industry.