Legal & General Investment Management (LGIM) has unveiled two new tech-driven initiatives to boost member engagement.
Wealth managers and private banks need to ‘democratise’ their service and product offerings to a wider audience of affluent clients to compete and grow in the new hyper-digital world. If firms do not democratise their proposition, they risk losing market share and failing to capitalise on the profound, digital-led transformation of the sector.
Oppenheimer & Co (Oppenheimer), an investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings, has formed a strategic alliance with global fintech firm, InvestCloud.
One Seven, a registered investment adviser and comprehensive business management platform for financial advisers, has launched 7-Tool Advisor, a new self-development and practice management solution for growth-minded advisors.
Phoenix American, a transfer agent and fund administration provider for alternative investments, and Alternative Investment Exchange (AIX), a digital platform built to improve processes for investing in alternatives, have partnered to provide a fully digital purchase process for client funds.
The global Coronavirus pandemic has accelerated the need for wealth managers to address the gap in meeting their clients’ digital expectations, according to the latest Wealth Management Digital Readiness Survey from asset and wealth management consultancy Alpha FMC.
Finantix, a provider of digital enabling software for the banking, wealth management and insurance sectors, has integrated Next Best Action into product suite.
Swiss fintech Sparbatze has launch atheir fully digital pension service, enabled through collaboration with three other industry partners in banking and technology – Zuger Kantonalbank, additiv and Qcentris.
Synechron, a digital consulting firm for financial services, has formed a strategic partnership with InvestSuite, a Belgium-based fintech company.
GBST, a provider of wealth administration software, will continue to power the administration of Barnett Waddingham SIPPs through its Composer platform following the renewal of their partnership agreement.