Financial services behemoth Fidelity has folded Pave Finance’s wealth management platform into its offering to provide registered investment advisors (RIAs) with automated wealth management services, officials say. The pair are seeking to capitalize on a swelling cohort of independent RIAs eager to claim a greater share of the market, with indications suggesting the wealth management… Read More >>
SS&C Expands E.U. Wealth Management Services via Ireland
SS&C Technologies has launched “a significant expansion” of its European wealth management business via SS&C Wealth Services Europe Ltd., a business that has been authorized according to the guidelines of the Markets in Financial Instruments Directive (MiFID). The new business will be based in Dublin and “will focus on helping financial institutions modernize and scale… Read More >>
Australian Firm Deploys Trade Surveillance from Eventus
An Australian wealth management and financial technology provider, Openmarkets Group (OMG), will be using the Validus trade surveillance system from Eventus, to help expand its suite of wealth and trading capabilities and pursue growth opportunities in Australia, Asia, and the U.S., officials say. Validus is being deployed for all of Openmarkets’ businesses and will be… 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 >>
Raymond James Ltd. to Hasten Digital Transformation via FNZ
Raymond James Ltd., the Canadian subsidiary of the North American investment firm Raymond James Financial, is investing in and collaborating with FNZ, a wealth management platform provider, to deliver a wealth management system intended to strengthen Raymond James Ltd.’s value proposition, officials say. The strategic investment in FNZ is intended to strengthen Raymond James Ltd.’s… Read More >>
Chevy Chase Trust Jumps to FIS Solutions
Chevy Chase Trust, a privately held trust and investment management firm, will be replacing incumbent IT systems with a unified wealth management technology platform and services from FIS, in an effort to provide more personalized services to its clients. The multi-year agreement will provide Chevy Chase Trust with a suite of technology and operations services… Read More >>
