The latest technology news in the wealth management sector from around the world.

Maybank, Broadridge
Maybank Investment Bank Berhad, the Malaysian financial group, has partnered with New York-listed Broadridge Financial Solutions to grow its securities borrowing and lending business.

Under the arrangement, Maybank’s offering for institutional investors uses proprietary technology for a front-to-back platform. Among other features, it complies with Shariah law on finance, Maybank said.

“We target to be the first in Malaysia to offer Shariah-compliant SBL for retail investors next year,” Tengku Ariff Azhar, chief operating officer, Maybank Investment Bank, said.