Increased investment in technology will pay off for SIPP providers as the market expands, new adviser research from iPensions Group shows.
Tegra118, a provider of wealth and asset management technology, has expanded its front office capabilities to strengthen its robust wealth tech platform for advisers and asset managers.
FIDx, a product-agnostic platform that connects annuities with wealth management platforms and other solution providers, has launch FIDx Protection Intelligence, which enables direct integration for any distribution entity to offer access to protection and income solutions from a range of insurance carrier partners.
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.
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.