Martin Cole
Key Takeaways
– FE fundinfo has launched a rebate and distribution channel management service.
– Nils Frowein has joined additiv as CEO from Swiss Life.
– BlackRock has made an investment in Avaloq.
– Goldring has integrated with Smart Fintech for open banking payment initiation.
– Tifin AMP has sealed Series A funding and spun off AMP.
– Family fintech Bling has opened to capital markets with Evergreen.
– BNY Mellon’s Pershing X has rolled out a digital wealth management platform.
– Wealth management is adopting new technologies.
FE fundinfo Launches Rebate and Distribution Channel Management Service
FE fundinfo, a leading provider of investment data and technology solutions, has recently launched a rebate and distribution channel management service. This new service aims to streamline the rebate and distribution process for wealth management firms, making it easier for them to manage their relationships with fund providers and distributors. By automating and centralizing these processes, FE fundinfo hopes to improve efficiency and reduce costs for wealth management firms.
Nils Frowein Joins additiv as CEO
Nils Frowein, a seasoned executive in the wealth management industry, has recently joined additiv as CEO. Frowein brings with him a wealth of experience from his previous role as CEO of Swiss Life, where he successfully led the company’s digital transformation efforts. In his new role at additiv, Frowein will be responsible for driving the company’s growth and expanding its presence in the wealth management market.
BlackRock Invests in Avaloq
BlackRock, one of the world’s largest asset management firms, has made a strategic investment in Avaloq, a leading provider of digital banking and wealth management solutions. This investment will enable Avaloq to further enhance its technology platform and expand its global reach. The partnership between BlackRock and Avaloq is expected to drive innovation in the wealth management industry and provide clients with enhanced digital solutions.
Goldring Integrates with Smart Fintech for Open Banking Payment Initiation
Goldring, a leading provider of wealth management solutions, has recently integrated with Smart Fintech, a fintech company specializing in open banking payment initiation. This integration will enable Goldring’s clients to make payments directly from their bank accounts, providing them with a convenient and secure way to manage their finances. By leveraging open banking technology, Goldring aims to enhance the overall wealth management experience for its clients.
Tifin AMP Secures Series A Funding and Spins Off AMP
Tifin AMP, a digital wealth management platform, has recently secured Series A funding and spun off its AMP division. This funding will enable Tifin AMP to further develop its technology platform and expand its client base. The spin-off of the AMP division will allow Tifin AMP to focus on its core business of providing innovative wealth management solutions to financial advisors and their clients.
Bling Opens to Capital Markets with Evergreen
Bling, a family fintech company, has recently opened to capital markets with Evergreen, a digital investment platform. This partnership will enable Bling’s clients to access a wide range of investment opportunities and manage their portfolios online. By leveraging Evergreen’s technology platform, Bling aims to democratize access to wealth management services and empower individuals to take control of their financial futures.
BNY Mellon’s Pershing X Rolls Out Digital Wealth Management Platform
BNY Mellon’s Pershing X, a leading provider of clearing and custody services, has recently rolled out a digital wealth management platform. This platform aims to provide financial advisors with a comprehensive suite of tools and resources to better serve their clients. By leveraging advanced technology and data analytics, Pershing X aims to enhance the advisor-client relationship and improve the overall wealth management experience.
Wealth Management Adopts New Technologies
In recent years, the wealth management industry has been embracing new technologies to enhance its services and improve client outcomes. From digital platforms and robo-advisors to artificial intelligence and blockchain, technology is reshaping the way wealth management firms operate. These advancements are enabling firms to streamline their processes, deliver personalized advice, and provide clients with greater transparency and control over their investments.
Conclusion
The wealth management industry is constantly evolving, driven by technological advancements and changing client expectations. From the launch of new services and strategic investments to the integration of open banking and the rollout of digital platforms, firms are actively seeking ways to enhance their offerings and stay ahead of the competition. As wealth management continues to adopt new technologies, clients can expect a more personalized and efficient experience, with greater access to investment opportunities and improved outcomes.
