Behavioural finance experts Oxford Risk has reported its client base of wealth managers and other investment management companies has nearly doubled over the past 12 months. It now serves over 100 clients in the UK, Europe, South Africa, Asia, and Australia, who collectively have more than USD1trillion in assets under management. 
 

Dr Boris Rankov, Head of Digital Advisory at InvestCloud, writes that the pandemic has significantly re-shaped client expectations in wealth management, and advisers need to adapt to this new environment to ensure future success.  
 

abrdn has concluded a deal to buy Exo Investing from Nucoro for an undisclosed sum. The acquisition will help abrdn develop an industry leading technology solution for investors, powered by the Nucoro Platform, states the company. It is expected to complete in Q4 2021.

A global survey of retail banking customers from banking software company Temenos finds that banks must remember the human touch as they develop their digital banking services.

CogniCor, a provider of artificial intelligence-powered digital assistants for the wealth management industry, has launched three new digital assistant modules to help wealth management firms support their employees and advisors with scalable solutions to their most labour-intensive and time-consuming operational issues and raise the efficiency and productivity of firms’ internal support functions.

Tickeron, an artificial and human intelligence platform delivering unparalleled trading insights and analysis, has launched a new AI Robots tool for pair trading.

Tickeron, an artificial and human intelligence platform delivering trading insights and analysis, has launched a new AI Robots tool for cryptocurrency trading.

AlphaTrAI, Inc. a venture-backed, technology-driven asset management firm, has published its first white paper, titled “Portfolio Construction Based on the Management of Tail Risk.” 

Mount Yale Capital Group, through its wholly-owned subsidiary Princeton Fund Advisors has launched AI (Alpha Intelligent) Strategies delivered in SMA and UMA formats. 

Avaloq has launched Avaloq Insight a real-time data science cloud platform providing wealth managers and financial advisers with advanced levels of analytics. The new platform is designed to drive customer satisfaction and increase sales effectiveness based on big data technology.