Technology
Latest News for Technology
- August 6, 2010 - Bank of Hawaii Boosts Wealth Management Systems
The Bank of Hawaii Investment Services Group is collaborating with Smartleaf and Prima Capital to offer its clients a unified managed account. The UMA aims to provide the best of both worlds - money managing software combined with investment advice - to provide a more flexible product for wealth managers.
- August 9, 2010 - Fund Administrator Signs Up To Advent Accounting Service
Maples Finance, the fund administration services firm for onshore and offshore vehicles, has signed up to using Advent Software’s portfolio management and fund accounting service, which is called Geneva. Geneva will serve as the firm’s platform for servicing multiple managed accounts and managers on behalf of investors.
- August 4, 2010 - Moody's Analytics Releases RiskFrontier Update
Moody’s Analytics, the risk management service provider which is part of the ratings agency Moody's, has unveiled an updated version of its portfolio management and economic capital product for financial institutions such as banks and asset managers. RiskFrontier 2.
- July 28, 2010 - Texan Wealth Manager Adopts Advent
Texas-based Bluffview Wealth Management, which specialises in high and ultra high net worth clients, has implemented Advent Portfolio Exchange as its new portfolio and client relationship management platform, along with Advent Revenue Center as its billing and revenue management system. Bluffview has said its choice of Advent’s products was driven by its need for software that could effectively manage risk, and deliver accurate and customised client reports and invoices to support its growth.
- July 22, 2010 - US Financial Planning Tech Firm Makes Senior Appointment
LifeYield Advisor Solutions Group, part of the Boston, Massachussets-based technology services group LifeYield, has appointed Mike Mason as a vice president with its advisor solutions team. In his new role he will consult with the advisory team on LifeYield ROI, a product designed to give households tax-efficient financial planning.
Latest Features for Technology
- May 5, 2010 - SunGard Sees Spike In Technology Demand From Wealth Managers
While many vendors selling into the wealth management space experienced hard times in the economic downturn of the past two years, SunGard found its business expanding as companies turned to technology to help them preserve assets under management and cut costs. SunGard is one of the world's largest software and technology services companies and its Financial Systems arm serves institutions in virtually every segment of the financial services industry. At present, the firm has 20,000 employees in 70 countries, with revenues of more than $5 billion.
- September 2, 2009 - Managing Wealth Means Managing Risk
Risk management may not be the most glamorous of functions. But as the recent market turmoil, wave of corporate bankruptcies and counterparty defaults, and the Madoff scandal have underlined, it is one of the most important. In these extraordinary times – where every type of asset class, from developed and emerging stocks and debt to commodities and currencies, have shown extreme volatility – risks have become not only more pronounced, but more diverse too.
- September 18, 2002 - Swiss private banks overhaul business models to survive, retain clients
Bull markets buoyed Swiss banks for so long that no one thought to take a closer look at the underlying business structures that some say need overhauling. Profits are down for a second year but local private banks are beginning to remould themselves into a more modern, competitive version of their former selves, each in its own way. Gone are the days when private banking was a straightforward business.
- April 27, 2000 - MorganOnline Targets HNWs
JP Morgan last month rolled out MorganOnline, its new online private banking offering. Although the minimum account opening size is US$10,000, JP Morgan is pitching the service at millionaire clients offering extensive brokerage services. The annual charge for the service is US$2,500, which includes 24 online stock trades.
