fbpx

First Rate announced the launch of IPAAS, a new strategic partnership approach enabling to present investment performance calculation within their platform. Health savings account customers of Optum Bank can now use Betterment for help investing HSA money. Addepar announced the launch of its mobile app for iPhone, giving financial advisors and their clients the ability to access their portfolio from their smartphones in a self-service. Orion Advisor Services announced progress in integrations with three third-party technology providers. Pershing has formed a new Integration Advisory Council, made up initially of 14 tech vendors, including Envestnet, MoneyGuidePro and RedTail Technology, to name a few. SS&C Technologies Holdings, Inc announced additional integration options with the advisory platforms of TD Ameritrade and Charles Schwab and reported progress on integrations with the two remaining big-four custodians—Fidelity and Pershing.

First Rate

First Rate announced the launch of IPAAS, Investment Performance as a Service, a new strategic partnership approach enabling providers of wealth management technology a subscription-based capability to present investment performance calculation within their platform. Unlike the traditional approach to implementing a performance reporting platform or imposing a new technology strategy, IPAAS is designed to support the subscribers’ existing platform to deliver best-in-class performance data and reporting through a seamless integration.

Find details here

Health savings account customers of Optum Bank can now use Betterment for help investing HSA money. Customers who elect to invest some or all of their HSA with Betterment will go through an onboarding process to determine how much the investor plans to use funds for medical expenses versus long-term savings to determine investment allocations.

Find details here

Addepar

Addepar announced the launch of its mobile app for iPhone, giving financial advisors and their clients the ability to access their portfolio from their smartphones in a self-service, secure way at any time.

Find details here

Orion

Portfolio management provider Orion Advisor Services announced progress in integrations with three third-party technology providers.

Find details here

Pershing

Pershing has formed a new Integration Advisory Council, made up initially of 14 tech vendors, including Envestnet, MoneyGuidePro and RedTail Technology, to name a few.

Find details here

SS&C Technologies

SS&C Technologies Holdings, Inc. (which owns both Black Diamond and Advent) announced additional integration options with the advisory platforms of TD Ameritrade and Charles Schwab and reported progress on integrations with the two remaining big-four custodians—Fidelity and Pershing.

Find details here

 

Personal Capital

Personal Capital has introduced a high-yield FDIC-insured savings account that is available to current clients and non-clients. Personal Capital Cash has no minimum balance and an annual percentage yield (APY) of 2.30% for non-clients. UMB Institutional Banking, however, is Personal Capital’s partner in the launch of Personal Capital Cash.

Find details here

WealthTech Weekly September 16, 2019

WealthTech Weekly September 16, 2019

PEAK6 acquires Electronic Transaction Clearing. HiddenLevers was selected by Axxcess Wealth Management. A strategic alliance of Jackson National Life Insurance Company with eMoney Advisor. Guideline partnered with Stripe. 350 advisors have recently onboarded…

WealthTech Weekly September 9, 2019

WealthTech Weekly September 9, 2019

Broadridge acquires Financial Database Services. AdvicePay integrates with Wealthbox. eMoney with Benzinga starts producing podcasts. Vestmark redesigned its website. Envestnet is working on a new feature. Trizic is rebranding and launching two new products. ScratchWorks launches…

WealthTech Weekly September 2, 2019

WealthTech Weekly September 2, 2019

Envestnet|Yodlee is a new Nacha Preferred Partner for Account Validation. Fiduciary Benchmarks has launched the Business Management Dashboard. Covr's digital platform integrates with and MoneyGuideElite financial planning software product. Facet Wealth is absorbing new clients…

WealthTech Weekly August 26, 2019

WealthTech Weekly August 26, 2019

Blaze Portfolio partners with Itiviti. Artivest partners with WM Partners. FIDx partners with Ebix Inc. BridgeMark Strategies formed a strategic alliance with Chalice Financial Network. The Grove team joins Wealthfront. CAIS launches a new product with…

WealthTech Weekly August 19, 2019

WealthTech Weekly August 19, 2019

HiddenLevers will equip AGF's business development teams. RightCapital integrates with FinFolio's investment portfolio management software. CAIS partners with Schechter. LPL Financial includes Wealthbox in its Vendor Affinity Program. Chalice launches Cyber Security Protection…

WealthTech Weekly August 12, 2019

WealthTech Weekly August 12, 2019

Apex Clearing releases its inaugural Apex Millennial 100 report. Moody’s Analytics won Wholesale Modelling Software of the Year. DriveWealth partners Revolut. SPS Family will be deploying the XtivaCloud SPM platform. Envestnet is running…

WealthTech Weekly August 5, 2019

WealthTech Weekly August 5, 2019

Chalice launches the Reg-BI Readiness Platform. AdvicePay launches a fee calculator. Northern Trust Asset Management acquires Belvedere Advisors. Moody’s acquired RiskFirst. Wealthsimple selected Xignite to power its Wealthsimple Trade app. Interactive Brokers joins Tradesocio’s liquidity…

WealthTech Weekly July 29, 2019

WealthTech Weekly July 29, 2019

Betterment launched its own fee-free, high-yield savings account with one of the best rates on the market. Envestnet announces improvements to MoneyGuide's MyBlocks. Moody’s Analytics won the award for Best Reporting…