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Allfunds boosts Asia presence with key hires

By: Pedro Goncalves | 08 Oct 2018

Allfunds Bank, an open architecture funds platform, is boosting its capabilities in Asia with senior appointments to its Singapore office to cater to growing demand from Asian…

Aegon’s platform tech head quits

By: Pedro Goncalves | 26 Sep 2018

Aegon’s chief transformation and digital officer Richard Denning, who was responsible for the platform’s development and its IT, has left the firm as users have been hit…

Allfunds launches first Brazil office in regional expansion push

By: Pedro Goncalves | 17 Sep 2018

Allfunds Bank, an open architecture funds platform, is set to open a new Brazil headquarters in São Paulo, with the appointment of Jorge Sierra as the firm’s…

Mashreq becomes first bank in UAE to deploy AI-powered solutions

By: Pedro Goncalves | 13 Sep 2018

Mashreq Bank has completed the implementation of Blue Prism’s Digital Workforce platform in collaboration with Virtusa, becoming the first private bank in the UAE to implement solutions…

Nucleus doubles profit as it eyes replatforming rivals’ clients

By: Pedro Goncalves | 11 Sep 2018

Edinburgh-based wrap platform provider Nucleus has seen its post-tax profit double in its first results as a listed company. The company reported profit after tax of £2.2m…

UBS closes robo-adviser to new clients

By: Pedro Goncalves | 29 Aug 2018

UBS is shutting its UK-based digital advice business, SmartWealth, and selling the technology to SigFig, a Silicon Valley-based startup. The SmartWealth service was launched in 2016, with…

OCBC Bank launches robo-investment service aimed at millennials

By: Pedro Goncalves | 28 Aug 2018

Singapore’s OCBC Bank has rolled out its algorithm-based investment service, RoboInvest, to its retail customers, targeting young and tech-savvy investors aged between 25 and 40 years old.…

Lombard Odier makes fund push

By: Ridhima Sharma | 28 Aug 2018

Geneva-based wealth manager Lombard Odier has added a long/short, event-driven strategy to its PrivilEdge open architecture fund platform. Dedicated to strategies managed by external investment managers, the…

FCA innovation dept grows 350% to keep up with robo-advice services

By: Pedro Goncalves | 24 Aug 2018

The Financial Conduct Authority’s (FCA) Project Innovate team has grown by over 350% over four years as it struggles to keep up with the burgeoning robo-advice services.…

Allianz Life announces partnership with Envestnet

By: Christopher Copper-Ind | 21 Aug 2018

Allianz Life Insurance Company has teamed up with wealth management technology provider Envestnet to make its Allianz Life annuity product range available on the Envestnet Insurance Exchange.…

Sipps rise to top of platform wish list for advisers

By: Pedro Goncalves | 10 Aug 2018

Full self-invested personal pensions (Sipps) have risen to the top of financial advisers’ wish lists for the most desired products on investment platforms, as demand for annuities…

Aviva launches online trust application process for advisers

By: Pedro Goncalves | 08 Aug 2018

British insurance giant Aviva has launched an online trust solution for advisers writing business protection and relevant life policies for clients. The process of setting up the…

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