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Xignite partnered with StockCharts.com to enable the popular online destination for traders and investors to significantly increase its market reach around the world. SmartRIA integrates with SS&C’s Black Diamond Wealth Platform to significantly streamline the surveillance of compliance activities for well-established RIA firms. 55ip partnered with Shareholders Service Group (SSG) to enable advisors to design or enhance their own adviser-branded investment strategies. Docupace integrates with FundKeeper to enable advisors and back office staff to open and maintain mutual fund accounts from one unified interface. New details about Cetera’s decision to partner with startup AdvicePay due to the acute need within the wealth management industry for more advisor-centric technology.

TradePMR is rolling out new augmented reality technology for advisor recruitment, which blends virtual objects with real-world settings. Wealthfront is increasing the interest rate on high-yield accounts that bring in $1 billion since launching in February.

Paul Martin Joins Facet Wealth as a Chief Technology Officer.

xignate

Financial market data cloud company Xignite has partnered with financial charting and technical analysis platform, StockCharts.com. The collaboration will enable the popular online destination for traders and investors to significantly increase its market reach around the world, as well as boost StockCharts.com’s ability to offer more data – including data on international markets.

Find details here.

Smart-RIA

SmartRIA announced an integration with SS&C’s Black Diamond Wealth Platform to significantly streamline the surveillance of compliance activities for well-established RIA firms.

The direct connection between the two systems allows RIA firms to use Black Diamond data within SmartRIA. The shared data creates a 360-degree view of client households, which facilitates surveillance of mission-critical compliance issues. These can include: client annual reviews, trading inactivity, and high account cash balance alerts, viewing and reporting on accounts by discretionary/non-discretionary status and other complex compliance oversight issues.

Find details here.

tradepmr

TradePMR, a technology and custodial services provider, is rolling out new augmented reality technology for advisor recruitment. The technology, which blends virtual objects with real-world settings, is intended to give financial advisors a preview of what it would be like to work with TradePMR. The first experience, an invitation to the firm’s annual advisor conference Synergy 2019, was released to advisors today. Future uses include a virtual tour of TradePMR’s headquarters and tech demonstrations all with built-in messages from TradePMR leadership, including exclusive content for advisors.

Find details here.

55ip

55ip, an investment strategy engine that enables advisors to automate and custom-build investment strategies using quantitative capabilities, has partnered with Shareholders Service Group (SSG), a brokerage and advisory firm for independent investment advisers and their clients.

Advisers using SSG will now be able to leverage 55ip’s modular investment capabilities to design or enhance their own adviser-branded investment strategies that address the most common frictions that get in the way of client outcomes – fees, taxes and risk of extreme losses.

Find details here.

Wealthfront

Wealthfront’s new high-yield accounts bring in $1 billion since launching in February. Wealthfront is increasing the interest rate on those accounts from 2.24 to 2.29 percent— now higher than high-yield offerings from Goldman Sachs’ consumer banking arm Marcus. The company, which says it manages $13.5 billion in customer assets, plans to launch direct deposit and a debit card by the end of this year.

Find details here.

Docupace Technologies

Docupace, a data-driven digital operations platform designed to meet the specific business needs of broker-dealers, RIAs, and insurance organizations, announced the integration of the Docupace platform with FundKeeper, an innovative mutual fund service platform that brings together the real-time shareholder accounting technology of Envision Financial Systems and the operational experience of U.S. Bank Global Fund Services.

Find details here.

Cetera

Cetera’s decision to partner with startup AdvicePay was all about timing, and lack of appropriate tech from existing vendors, according to the firms.

New details about the Cetera and AdvicePay relationship show the acute need within the wealth management industry for more advisor-centric technology, and how more of those solutions are coming from inside, not outside, of the industry. Cetera began developing an action plan around a trend toward fee-for-service it had identified about a year ago.

Find details here.

Facet Wealth

Facet Wealth, a next-generation financial services company, welcomes Paul Martin as the firm’s new chief technology officer, guiding the evolution of Facet’s groundbreaking tech platform that enables its team of planners to deliver affordable and comprehensive financial planning to underserved mass affluent households. Martin brings to Facet extensive entrepreneurial experience and a proven record of transforming agile engineering teams.

Find details here.

WealthTech Weekly July 15, 2019

WealthTech Weekly July 15, 2019

Xtiva launches Xtiva Connect integration service. Voya Financial Advisors launches a new digital advice platform. Chalice Financial Network has launched Succession Link 2.0. Cetera Financial Group launched a retirement income-focused tool. DriveWealth with IPJukebox…

WealthTech Weekly July 8, 2019

WealthTech Weekly July 8, 2019

Xignite, Inc. joined the Snowflake Data Exchange data marketplace. DriveWealth is launching a new digital U.S. equities trading product for retail investors in Nigeria. Personal Capital surpassed $10 billion in AUM. Analytics: Advisors who…

WealthTech Weekly July 1, 2019

WealthTech Weekly July 1, 2019

Broadridge partners with Preqin. Shareholders Service Group (SSG) partners with Blueleaf. People’s United Bank has chosen Xtiva as its Incentive Compensation Management solution. Apex Clearing Corporation partners Apex Crypto. RightCapital integrates with the CircleBlack's…

WealthTech Weekly June 24, 2019

WealthTech Weekly June 24, 2019

CAIS is partnering with Private Client Resources (PCR). Addepar entered into a reseller partnership with Mirador, LLC. Insurance Technologies partners with Fiduciary Exchange (FIDx) to deliver annuity illustration and e-application sales capabilities within…

WealthTech Weekly June 17, 2019

WealthTech Weekly June 17, 2019

First Rate announced the launch of IPAAS, Investment Performance as a Service. Health savings account customers of Optum Bank can now use Betterment. Addepar launches its mobile app for iPhone. Orion Advisor Services announced progress in integrations with three…

WealthTech Weekly June 10, 2019

WealthTech Weekly June 10, 2019

FinMason partnered with Silver Wealth Technologies. Panoramix integrates with Wealthbox. Docupace and WalkMe announced a strategic partnership. Broadridge launches a new blockchain-based shareholder disclosure platform in Europe. Advisor Group completed its 4th annual Wealth…

WealthTech Weekly June 3, 2019

WealthTech Weekly June 3, 2019

Aegon Growth Capital Fund purchased 25 percent of the shares in RISK Verzekeringen. Social Finance (SoFi) is in the final stages of securing $500 million from the Qatar Investment Authorit.…

WealthTech Weekly May 27, 2019

WealthTech Weekly May 27, 2019

Asset-Map integrates with Orion. Broadridge acquires Canadian RPM Technologies. Capitect integrates with RightCapital. Wealthsimple raised $75 million. Vestmark's Adhesion Wealth connects advisors and asset managers. Waddell & Reed launched WaddellONE technology to its advisors.