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River Global picks Bloomberg to streamline front-to-back workflow

Bloomberg announced today that River Global, a UK-based investment manager with approximately £2.8bn in AUM (as of 31 March 2023), has selected an integrated suite of Bloomberg Solutions as its new tech-stack to support front-to-back office investment workflows.

/wealth

Fundpath secures £2 million investment

Fundpath, the critical data and business intelligence service for the wealth and asset management industry, today announced the completion of a further £2m funding round with its venture capital partner, Fuel Ventures (‘Fuel’).

/wealth

Allfunds hops on to Google Cloud

Allfunds, one of the leading B2B WealthTech platforms for the fund industry, today announced a partnership with Google Cloud to enhance its capabilities through cloud computing, advanced data and analytics and artificial intelligence.

/wealth

Cairo-based fintech Bokra raises $4.6m

Bokra, a Cairo-based fintech, announces the successful closure of its $4.6mn pre-seed round led by DisrupTech Ventures, and SS Capital alongside other investors, setting it to revolutionize wealth management in the MENA region by being the first platform to offer goal-based investment and saving products through asset backed securities.

/wealth

Kinsted Wealth signs with Objectway

Objectway, global Top100 FinTech provider of as-a-service software and services to banks, wealth and asset managers, has partnered with Kinsted Wealth, a Calgary (CAN) based independent wealth manager serving private individuals and institutional investors.

/wealth

Konvi acquires Fractible and Diversified

Konvi, Europe’s leading luxury assets fractional investment platform, has acquired leading alternative investing platforms Diversified and Fractible, bolstering its global user base to 50,000 active users.

/wealth

Team8 establishes roadmap for fintech in 2030

Team8, a leading global fund that builds and invests in companies playing a crucial role in the digital transformation of major sectors, released a new report on the future of fintech, titled “2030 and Beyond: An Unconventional Look at the Future of Fintech.”

/wealth

Berenberg selects Kaizen as regulatory reporting assurance provider

One of Europe’s leading privately-owned banks, Berenberg selects Kaizen as its regulatory reporting assurance provider.

/wealth

Tifin appoints Rob Pettman chief revenue officer and president

Tifin, a leading AI and innovation platform for wealth, announces the appointment of Rob Pettman as its Chief Revenue Officer and President.

/wealth

eToro expands proxy voting to cover all asset classes

The trading and investment platform eToro has extended its proxy voting feature to all stocks listed on its platform after seeing massive engagement from users.

/wealth

BNY Mellon teams up with Accenture

BNY Mellon (NYSE:BK), the global financial services company, is collaborating with Accenture (NYSE:ACN), a leading professional services company, to modernize financial services offerings with an initial focus on data management and analytics product development and delivery.

/wealth

Abacus Group appoints Anthony D’Ambrosi CEO

Abacus Group, the leading Managed Services Provider to alternative investment firms, today announced that it has appointed Anthony J. D’Ambrosi as its new Chief Executive Officer.

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