London-based fintech firm Nucoro believes Sweden is set to see huge growth in its digital wealth management sector, citing three key factors driving the development.
Technology & software solutions
GBST, a provider of wealth administration software, has seen UK assets on its Composer platform grow by 25 per cent to approximately GBP135 billion and active accounts increase by 28 per cent to reach just under three million in the year to the end of December 2019.
additiv, a SaaS provider for credit and wealth management, has teamed up with QCENTRIS, an IT services firm focused on implementation of digital transformation projects, as it seeks to expand its presence in key countries in Middle East and North Africa.
UBS Wealth Management USA has launched an entirely redesigned UBS Financial Services iPhone app (”the app”) in close collaboration with UBS clients and financial advisors.
Heartwood Investment Management, the asset management arm of Handelsbanken UK is no live on SimCorp Coric’s enhanced platform.
Wedmont Private Capital has launched a tech-enabled alternative to the traditional model of private wealth management.
Following demand from its customer base, GBST in partnership with Origo has successfully proved compatibility of messages between its Composer back office administration platform and the Origo Integration Hub.
Guggenheim will be utilising WealthForge’s Altigo Subscription Processing Platform, a technology solution that allows financial advisors to complete subscription documents in good order and send them to clients for electronic signature in a matter of minutes.
Wealth Dynamix, a specialist in Client Lifecycle Management (CLM) solutions, has been recognised as a Business Applications ISV Connect Partner with Microsoft and is offering a purpose-built solution for the wealth management industry.
Fahd Rachidy, founder of AI solutions provider Abaka, is driven in developing his business by the fact that his father never had a pension. “People are struggling to save for their retirement and get affordable advice,” he says.