Managers of Wealth Fintech

Rampant technology sector offers growth in a low yield environment

Meanwhile, Spaceship, a boutique fund with high exposure to tech stocks, has delivered a return of 14.77 per cent for the year ending May 31.

Charles River Wins Best Front-Office Platform in WatersTechnology Asia Awards 2020

These awards aim to recognize achievement in the deployment and management of financial information and technology across Asia’s capital markets.

Islamic banks ‘way ahead in adopting financial technology’

The scope and speed of evolution in the way consumers interact with their banking institutions, business practices and financial technologies form the main areas of competition between Islamic financial institutions and their conventional counterparts

Union Investment Group signs with BearingPoint for tax reporting

BearingPoint RegTech has more than 20 years of experience in the automation of tax reports

Santander Brasil calls for banks to share tech infrastructure

Rial said that Brazilian banks must rethink and redesign their infrastructure if the segment is to remain competitive.

Truss Edge launches outsourced technology service for family office market

Truss Edge delivers front to back investing in private investments

Trustly announces strategic minority investment by a consortium of investors to support further expansion

Citigroup Global Markets Limited acted as financial advisor in connection with this transaction.

Appway Announces $37 Million Investment from Summit Partners to Fuel Global Expansion

Funding will be used to accelerate international growth, product development and technology innovation to help empower financial services in a new era of digital connectedness.

HESTA awards investment data mandate

The software company underwent a rigorous selection process, it said, to beat out its competitors for the mandate.

SS&C GlobeOp Hedge Fund Performance Index at 4.21% per cent in April

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.10% in May.

Northern Trust wins asset servicing mandate for Singapore-based hedge fund

Modular, which spun out of a large US hedge fund manager in January 2020, is one of Asia’s largest hedge fund launches in recent years.

Treasury Prime secures $9mn to connect banks with FinTech clients

The platform thereby aids in the growth of banks and enables FinTechs to offer secure digital banking services to their customers.

Canadian pensioners lead £12m funding for cash deposit platform Flagstone

Many technology companies have found their ability to attract new funding during the pandemic has evaporated

Nordic fintech Etronika wins Baltic International Bank deal

Home screen provides information about the payment accounts and products with the possibility to tailor them to individual requirements of each client.

Islamic finance charts high-tech future

According to the ratings agency Standard & Poor's, the Islamic finance industry has in its relatively short existence grown to be worth $2.1 trillion.

Blackstone Completes Acquisition of HealthEdge Software

Their products offer a modern, simple user interface, greater flexibility, and a cloud-compliant solution well suited to the increasingly complex and data-rich healthcare environment.

Neobank 86 400 raises $34m as it eyes mortgage growth

The raising, which implies a valuation of more than $113 million for the company, comes after rival neobank Xinja last month said it had secured $433 million in funding from a Dubai-based investor, with the funds to be paid over two years.

FundRock chooses Zeidler Group's counterparty due diligence solution

FundRock will benefit from Zeidler’s sophisticated due diligence service, which includes bespoke questionnaires for different counterparties

Staying the course

SS&C, as always, is working hard to ensure our clients and customers see high service and support levels.

Saxo releases Q2 Outlook, “A World Out of Balance”

The triple hit to the global economy almost guarantees 2020 will be a lost economic year, with policymakers needing to pull out all the stops to address a real, global recession.

Hedge Fund Technology