Citi has launched a new service for adviser clients that will automate the allocation of cash across a range of funds and manage all aspects of order processing between advisor clients and fund providers.

By Russell Andrews (pictured), Head of Solutions UK, Europe & Asia, Asset Management Distribution at SEI – Companies across the globe, both large and small, regularly go through strategic reviews to re-assess internal and external forces that influence core components of the business. Such components, including value proposition, operating model, market segmentation and revenue models, are reviewed in order to construct a strategy for success. Success could include new market entry, new products or services, M&A activity, rebranding, organic growth or as of late, the greater inclusion of technology in the proposition.

Providence Group has adopted Financial Risk Solutions' (FRS) technology to power its ProviTrade platform and Providence Life Limited life assurance products. 

Providence Group has adopted Financial Risk Solutions' (FRS) wealth management technology to power its ProviTrade platform and Providence Life Limited life assurance products. 

additiv has launched Wealth Solution Builder, a new offering enabling banks and other financial institutions (FIs) to create 'unique functionality and client journeys at unseen speed.' 

Defaqto, an independent financial information and technology business, has launched its new Income Drawdown workflow within its financial planning software, Defaqto Engage.

Multrees Investor Services has been selected by Wills & Trusts Wealth Management Group in a new strategic partnership providing a fully white labelled bespoke custody and platform solution for clients and advisers.

Kraken has launched the new Kraken mobile app to meet the rapidly growing demand from clients looking for an easy-to-use, highly secure way to invest in cryptocurrencies.

The switch to digital solutions in the pensions sector will accelerate in 2021 putting pressure on firms relying on outdated legacy systems, SIPP provider iPensions Group believes.

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