TS Imagine, a provider of trading, portfolio, and risk management solutions for capital markets, has launched a strategic development partnership with Gentek.ai, a horizontal artificial intelligence (A.I.) platform with domain experience in financial services, officials say. Officials add that the partnership is intended to co-develop A.I.-based modules designed to cut complexity, improve performance, and “set… Read More >>
The Trust Company of Tennessee Taps SS&C’s Platform
The Trust Company of Tennessee has modernized its corporate retirement services support via the SS&C Retirement Recordkeeping platform from SS&C Technologies, officials say. “The Trust Company of Tennessee provides recordkeeping, administration, and advisory services to businesses and organizations offering retirement plans. The platform upgrade enables retirement plan sponsors to deliver retirement and wealth management services… Read More >>
Microsoft, FNZ Plot A.I. Roadmap for Wealth Management
Tech behemoth Microsoft has announced a five-year, A.I.-led roadmap to transform the wealth management industry in partnership with London-based wealth management platform provider FNZ. The initiative will include co-innovation, joint go-to-market efforts, and the development of new A.I.-powered digital wealth tools. According to bigwigs at Microsoft, the goal of the project is to reimagine the… Read More >>
Advyzon & StoneX Collaborate on Wealth Management
Advyzon Enterprise Solutions is partnering with the Correspondent Clearing division of StoneX Financial Inc. to bring Advyzon’s technology platform and portfolio management solution to StoneX’s introducing broker-dealers and financial advisors, officials say. A wholly owned subsidiary of StoneX Group Inc., StoneX Correspondent Clearing is a financial services firm that provides global market access, clearing and… Read More >>
EDI Expands Investment Fund Reference Services
Exchange Data International (EDI), a provider of global securities data, has added 22 countries to its investment fund reference data service coverage to meet the needs of wealth management companies with investment funds in their client portfolios that need reference and corporate data for updates, officials say. The additional coverage is available now. “We have… Read More >>
Future Capital & SS&C’s Black Diamond Integrate Platforms
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 >>
MSCI Buys Fabric to Build Wealth Management Platform
MSCI will be building a new wealth management platform by integrating its portfolio toolkit with the portfolio design, customization, and analytics offerings of Fabric — which serves wealth managers and advisors — as the result of their recently completed merger, officials say. Known for its investment decision support tools and services, MSCI announced the acquisition… Read More >>
Davy Capital Markets Taps Torstone & Other News
Davy Capital Markets to Revamp Post-Trade Ops Dublin-based wealth manager Davy Capital Markets reports that it has become a Torstone Technology customer and will use the Torstone Platform to evolve its post-trade processing operations. “We have built and maintained our own post-trade platform for many years, and this has served us very well, as it… Read More >>
Xignite Launches an ESG API & Other News
Xignite Partners with ESG Book A vendor of market data application programming interfaces (APIs), Xignite has launched an API for Environmental, Social and Governance (ESG) data that accesses the real-time sustainability dataset of ESG Book, a data vendor partnering with Xignite. The XigniteGlobalESG API encompasses “public companies domiciled in North America, EMEA, APAC, and Latin… Read More >>
Millennial Wave Coming for Financial Advisors: Survey
Apparently, there’s at least one thing that the Millennial generation likes that their Boomer parents also like — enlisting financial advisors. This might be good news for securities trading firms worried that the wealth of young America was heading down a cryptocurrency rabbit hole. This was uncovered via a new study sponsored by post-trade systems… Read More >>
