RedBlack, a wealth technology provider and an outsourcer of advisor services, has integrated its order management system (OMS) with a platform from CAIS that offers pre-trade, trading, and post-trade support for alternative investments, helping advisors allocate, transact, and monitor alternatives alongside traditional investments. “RedBlack is the first OMS provider to integrate with CAIS,” according to… Read More >>
BetaNXT Launches A.I. Platform & Innovation Lab
BetaNXT, a wealth management enterprise solutions provider, has launched an enterprise-level artificial intelligence (A.I.) platform — InsightX — and created the BetaNXT AI Innovation Lab, which is intended to fast-track the delivery of AI solutions, officials say. The new offerings are part of the company’s A.I. innovation efforts for four key areas: data aggregation, workflow… Read More >>
U.K’s Aviva Deploys GBST’s Composer Platform
Aviva plc, a British multinational insurance company, has implemented the Composer software-as-a-service (SaaS) platform from wealth management and advice solutions provider GBST, which will support Aviva’s individual annuities business transformation program, officials say. Headquartered in London, England, Aviva serves 25.2 million clients in the United Kingdom, Ireland, and Canada, officials say. “Individual annuities have seen… Read More >>
TS Imagine & Gentek.ai to Co-Develop A.I.-Based Modules
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 >>
