The FNZ-GBST acquisition saga may be entering its final act as the Competition and Markets Authority (CMA) in the U.K. has reaffirmed its initial findings that their continued merger would reduce competition in the retail investment platform solutions space. This time around, though, the CMA has suggested that FNZ, a wealth management technology and investment… Read More >>
Deutsche Unit Outsources to Avaloq
Avaloq Sourcing Asia Pacific (ASAP), the newly founded addition to Avaloq group’s global network of business process outsourcing (BPO) centers, will supply back office services for the Wealth Management business of Deutsche Asset & Wealth Management (DeAWM) in Singapore, according to an Avaloq statement. ASAP will provide DeAWM, a division of Deutsche Bank Group, with… Read More >>
Nomura Research Targets Japanese Firms via Cloud Service
Financial consultancy and systems provider Nomura Research Institute (NRI) is launching T-Monolix Arena Private Cloud Service (Arena Private), a solution aimed tailored specifically to the needs of Japanese asset managers that will host numerous IT applications, according to a company statement. Arena Private is part of the NRI T-Star product suite, which offers complete front-to-back… Read More >>
