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

Kyckr, Experian
Kyckr, the corporate Know Your Customer (KYC) business, is now used by global information services company, Experian.

Experian will use Kyckr platform’s unified application processing interface to get rapid corporate verification data on more than 120 million companies around the world. 

Kyckr taps into real-time KYC data from more than 300 company registries and primary regulated sources worldwide. 

“Corporate KYC isn’t only a matter of preventing financial crime and regulatory compliance – fundamentally it’s about building trusted relationships quickly and making sound business decisions,” Ian Henderson, CEO of Kyckr, said. “As the global marketplace becomes ever more interconnected and complex, verifying customers and suppliers is becoming a significant business bottleneck and it’s exposing companies to unnecessary risk.”

Kyckr is owned by entrepreneur and founder of WiseTech Richard White through his personal investment vehicle RealWise KYK AV Pty Ltd.

Accuro, Objectway
Accuro, the wealth advisor based in Belgium, has chosen fintech provider Objectway to put in place a new private client wealth management platform for its advisory and discretionary business.

The partnership with Objectway will help Accuro to speed up its multi-custodian, straight-through order processing, among other goals, the businesses said.

The solution is built on the Objectway Platform. Hosted on a  private cloud, the fully-modular solution is configured according to Accuro’s requirements; new functions can be added over time.

“Accuro is one of the few boutique wealth managers in Belgium that offer both discretionary and multi-asset class advisory services to their clients,” Kurt Vanhee, managing director for Continental Europe and North America at Objectway, said. “Especially, the advisory model is heavily under pressure due to increased regulations to protect investors.”