Foreside Financial Group, a global provider of regulatory and compliance service and technology offerings for firms in the global asset and wealth management industry, is introducing a robust collection of technology-based compliance solutions, all accessible via an expanded client portal.
Technology & software solutions
Newcastle upon Tyne-based financial and technology services company, True Potential, has grown its team with 58 new hires joining the firm during the coronavirus lockdown.
As the mass affluent investor segment is tipped for growth, wealth managers should ensure they have scalable solutions to manage the potential increase in client numbers which could come with capturing the progress in this area.
The Monetary Authority of Singapore (MAS) has been proactive and transparent with licensing requirements, compared to other jurisdictions. The Digital Acceleration Grant (DAG) programme incentivises firms to modernise operations, equipping smaller managers with the necessary technology and helping new funds get off the ground. This programme, coupled with geopolitical influences, contributes to Singapore accelerating as a safe-haven for money and financial institutions.
UK wealth manager Connor Broadley is now live on the SEI Wealth Platform (SWP) following the successful migration of the firm’s assets.
Wealth managers must urgently increase their use of technology in offering private market investments or they risk being left behind by their competitors in less than five years.
Financial Risk Solutions (FRS), a provider of the investment administration software Invest|ProTM to life assurance, wealth and asset management firms worldwide, has appointed wealth industry expert Terry Kyle as Country Manager for Australia.
Addepar, a technology platform for wealth management, has launched the Addepar Investor Sentiment Index, an index of high- and ultra-high-net-worth (U/HNW) investor sentiment derived from US equity transactions captured on the Addepar platform.
SIX has launched “SIX Tax Score”, which is designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.
Since the start of the Covid-19 lockdown about six months ago, Legal & General has helped over a million more customers with their online services, recent usage data shows.