Future Capital, a registered investment advisor (RIA) based in Chattanooga, Tenn., is working with SS&C’s Black Diamond Wealth Platform on a technology integration effort intended to help advisors manage held-away retirement assets as part of an overall wealth management strategy, officials say. “Through this collaboration, Future Capital’s recently launched Construct platform will be integrated into… Read More >>
LTX Moves Trading Platform to AWS & Other News
LTX Seeks to Leverage AWS Migration An electronic trading platform for corporate bonds LTX has migrated its platform to Amazon Web Services (AWS) with the intention of helping buy-side investors and dealers leverage the scale of AWS cloud services, officials say. The migration is also intended to help clients better optimize data science processes that… Read More >>
SS&C Adds Key Tools to Geneva & Black Diamond Systems
SS&C Targets Key Client Bases with Expanded Offerings Investment systems, software and services vendor SS&C Technologies has launched an exception management and workflow solution for the Geneva platform that includes exception query tools, workflow configuration, an exception dashboard, a manager dashboard, and task management tools, officials say. The new offering got its official unveiling at… Read More >>
Vestmark Launches Robo Advice Platform
Vestmark Targets Brokers, RIAs, Asset Managers & Banks Wealth management technology vendor Vestmark is launching a hybrid “robo service” that blends human and automated advice delivery via robo-advice platform. The VestmarkONE Robo Solution has been designed to help advisors who need digital support via a turnkey offering. The vendor is targeting broker/dealers, registered investment advisors… Read More >>
Faulty IT Can Cut Revenues in Half: TABB Group
Some Firms Still Using Legacy, Error-Prone IT Nearly one-third of asset managers — based outside of North America — say that they are hanging onto legacy IT platforms even if these systems are causing trade delays and errors, according to a new survey from market research firm TABB Group. The global, non-North American investment managers… Read More >>
Vestmark Platform Links Sponsors to Asset Managers
Vestmark, a software-as-a-service (SaaS) provider of portfolio management and trading solutions, has launched the Vestmark Manager Marketplace (VMM), which is intended to connect asset managers to sponsors such as registered investment advisors (RIAs), banks and broker-dealers. The VMM service facilitates sponsors’ links to third-party management in model portfolio format or in separately managed accounts (SMAs),… Read More >>
