Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre.
Please read our Privacy Policy.

Accept
/wealth
Channels

/wealth management

News and resources on wealth, investment management, robo and advisor markets worldwide.

More /wealth announcements »
Goldman sells mass market wealth management business

Goldman sells mass market wealth management business

Goldman Sachs continues its retreat from the mass-market banking arena, selling off its Personal Financial Management (PFM) unit to Creative Planning.

Continue reading »

Goldman considers sale of mass market wealth management business

Goldman considers sale of mass market wealth management business

Collaboration is key: Future focus for Temenos, Cognizant & ABN AMRO

Collaboration is key: Future focus for Temenos, Cognizant & ABN AMRO

Irish fintech funding slows down

Irish fintech funding slows down

Nutmeg chief quits Chase UK

Nutmeg chief quits Chase UK

Big banks back Asian wealth management platform Endowus

Big banks back Asian wealth management platform Endowus

Shariah-compliant investment platform Mnaara raises pre-seed funds

Shariah-compliant investment platform Mnaara raises pre-seed funds

More banks pay multi-million dollar penalties over WhatsApp use

More banks pay multi-million dollar penalties over WhatsApp use

JP Morgan backs new Tifin AI-powered wealth management charge

JP Morgan backs new Tifin AI-powered wealth management charge

US online trading platforms launch in UK

US online trading platforms launch in UK

Cloud, SaaS, and ESG: Trends causing a shift in wealth management

Cloud, SaaS, and ESG: Trends causing a shift in wealth management

More news
[New Report] The Future of Fintech in Africa 2023[New Report] The Future of Fintech in Africa 2023
Wealth management blogs
Banking Strategy, Digital and Transformation  

Up Close and Personal: How Wealth Management Digitalization Can Enhance the Human Touch

Andrew Beatty

Andrew Beatty - FIS - Toronto

Personal Finance  

Will AI be the inflection point for innovation in Insurance

Akshaya Chandra

Akshaya Chandra - Tata Consultancy Services - Hove

Capital Markets Technology  

Generative AI use cases for Asset Management Firms

Ravishankar Poonjolai

Ravishankar Poonjolai - TCS - Chennai

Fintech  

The DNA of a Successful Transformation Organization (Part 5)

Prateek Duhan

Prateek Duhan - Capco - Toronto

See all /wealth blogs »
Latest TV
See all TV »
Collaboration is key: Future focus for Temenos, Cognizant & ABN AMRO

Collaboration is key: Future focus for Temenos, Cognizant & ABN AMRO

Speaking at TCF 2023, Matthew Lee, Global CTO & Head of Innovation BFS, Cognizant, and Mel Jacobs-Kemps, CIO, Wealth Management & Corporate Banking, ABN AMRO, discuss their joint partnership with Temenos. We hear about what's important to each about the collaboration and how they are working on the Temenos platform, about the strategic choices made recently, and where the focus will be for ABN AMRO going forward.
Cloud, SaaS & ESG: Trends causing a shift in Wealth Management

Cloud, SaaS & ESG: Trends causing a shift in Wealth Management

Speaking at TCF 2023, Alexandre Duret, Senior Product Director, Wealth Management, Temenos, discusses the role technology plays in supporting private banks and wealth management, and the processes used to help adapt to new market opportunities.
Unlocking the Value of Generative AI & Large Language Models

Unlocking the Value of Generative AI & Large Language Models

Speaking to FinextraTV, Jerry Haywood, CEO, boost.ai, discusses harnessing the power of Generative AI and how financial services can leverage large language models and Conversational AI to innovate within the industry.
How is digitalization reshaping wealth management?

How is digitalization reshaping wealth management?

Speaking to FinextraTV, Yaela Shamberg, Co-Founder and Chief Product Officer, InvestCloud, discusses the digital tools and trends reshaping the next phase of the wealth industry.
The long read
See all »
Christian Kent

Can the wealth management industry embrace technology in the race for alternatives?

Christian Kent - Managing Director, Houlihan Lokey
Discussion
More banks pay multi-million dollar penalties over WhatsApp use
Ketharaman Swaminathan

Ketharaman Swaminathan

  Further bluster from regulators. During the pandemic, a lot of BAU rules were arguably bent in order to keep the lights on. When they looked the other way at the time, it's terribly lame of regs to penalize companies now.

Reply Read article

From Crisis to Opportunity: Using eKYC to Transform Banking
Ketharaman Swaminathan

Ketharaman Swaminathan

  While the benefits of eKYC have been well-known for a long time, the technology continues to be plagued with regulatory ambiguity despite being around for 10+ years. Today's Economic Times reported that RBI has tagged all accounts opened via C-KYC as high-risk and has told banks / FIs that used eKYC to do physical check to authenticate accountholders. Not something that can't be fixed with lobbying but eKYC providers are naive to believe that they can succeed just on the basis of their features and benefits. Fintechs Need Marketers And Lobbyists, Not Lawyers 

Reply Read article

ChatGPT investment fund smashes the UK's ten most popular funds
Ketharaman Swaminathan

Ketharaman Swaminathan

  This could be BIG! From time to time, we hear about alternative sources of information for lending, trading, investing and other financial endeavors. Social media feed for BNPL seems to be popular. We don't hear much about Twitter sentiment for stock trading these days. After getting off on a good start, time will tell how ChatGPT fares in stock trading / investing. 

Reply Read article

The DNA of a Successful Transformation Organization
Ketharaman Swaminathan

Ketharaman Swaminathan

  I've been buying products from the Amazon website / app for 25 years. During this period, I've tried to buy the same products from the websites / apps of brick-and-mortar retailers and the original product companies. I don't recall the last time I succeeded. Also, during the same period, I've successfully bought credit card on bank websites, insurance on insurance company websites, bought and sold stocks on eTrading websites, but failed to buy a bank account on a bank website. IME, the biggest bugbear for FI DX is suboptimal handling of channel hop-offs involved in omnichannel customer journeys, which is more a business problem than a technology problem.    Going by my experience, financial institutions easily outperform all industries except ecommerce on digital transformation. While there's always scope for improvement, I don't agree that FIs "stumble on the path" of DX initiatives. 

Reply Read article

Featured
See all news »
US asset managers apply to SEC for bitcoin ETFs

US asset managers apply to SEC for bitcoin ETFs

ChatGPT investment fund smashes the UK's ten most popular funds

ChatGPT investment fund smashes the UK's ten most popular funds

Virgin Money launches digital wealth platform

Virgin Money launches digital wealth platform

Morgan Stanley and Stripe tap into OpenAI's GPT-4

Morgan Stanley and Stripe tap into OpenAI's GPT-4

The long read
See all »
Paige McNamee

Wealth management: Evolving the role of wealth advisor for a digital future

Paige McNamee - Finextra Research
Elsewhere...

  1. BBC

    Goldman Sachs boss David Solomon set to DJ Lollapalooza

  2. The Guardian

    Credit Suisse leak unmasks criminals, fraudsters and corrupt politicians

  3. BBC

    Bankers told to return to desks as restrictions end

  4. S&P Global

    JPMorgan, Lloyds moves may spur more wealth management fintech deals at UK banks

  5. BBC

    The woman building HSBC's 3,000 roaming banker army

The long read
See all »
Liz Field

Is the future of the wealth management industry here?

Liz Field - Chief Executive, PIMFA