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PitchBook’s Platform was named Best Financial & Market Data Solution of 2019. Broadridge launched a change management service to help companies be compliant with Securities Financing Transactions Regulation (SFTR).

Entreda commenced the formation of its Advisory Board. Mike Reynolds joined Absolute Engagement as president after a successful career at TD Wealth.

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 the Envestnet Insurance Exchange Platform. Envestnet | Tamarac concluded its digital account-opening pilot with TD Ameritrade Institutional and Schwab Advisor Services.

PitchBook

PitchBook, the premier data provider for the private and public equity markets, announced its Platform has been named Best Financial & Market Data Solution of 2019 as part of the annual SIIA CODiE Awards for the eighth consecutive year. The CODiE Awards recognize the companies producing the most innovative business technology products across the country, and around the world. Winners are selected following a rigorous judging process, involving an extensive application and multiple rounds of judge evaluations and member voting. The PitchBook Platform was selected for its continued innovation in surfacing hard-to-find financial data and insights on evolving capital markets.

Find details here.

Broadridge Financial Solutions

In order to help companies design their target operating models to be compliant with the impending Securities Financing Transactions Regulation (SFTR), Broadridge Financial Solutions has launched a change management service which provides a practical blueprint for front-to-back changes to overall architecture, organizational structure, business processes, and location strategy.

Find details here.

Entreda

Entreda, an industry-leading developer of integrated cybersecurity software and solutions for the retail wealth management industry, announced that it has commenced the formation of its Advisory Board.

The Board will gather insights from top industry leaders to ensure that Entreda enhances its cybersecurity stewardship for firms and advisors, starting with the appointment of industry leader Marc Butler, Chief Operating Officer of BNY Mellon’s Albridge and Dr. Neil Daswani, Former Chief Information Security Officer at LifeLock and Co-Director of the Stanford Advanced Security Program.

Find details here.

CAIS

CAIS, a financial technology platform connecting financial advisors with alternative investments, is partnering with Private Client Resources (PCR) to streamline the delivery of analytics-ready data for independent financial advisors and fund managers.

PCR’s integration partnership with CAIS will deliver the reporting-ready data, tailored to advisors’ preferences to populate internal client reporting systems, third-party reporting platforms, and major custodians.

Find details here.

Addepar

Addepar, a leading technology platform for wealth management, announced it has entered into a reseller partnership with Mirador, LLC, a services firm that leverages deep financial expertise to provide bespoke financial reporting for U/HNW clients and their investment portfolios.

The new agreement will make Addepar available to firms who see the value in delivering personalization for themselves and their clients and who are looking for a solution that can support them as they grow.

Find details here.

Absolute Engagement

Absolute Engagement – a leading global research and training firm focused on increasing client retention and referrals within the financial services industry – announced that Mike Reynolds joined the team as president. This move not only enhances the depth of expertise offered to Absolute Engagement clients, but also expands the growing team’s capabilities to help financial services firms and advisors deliver a differentiated client experience that drives significant profit and growth.

Find details here.

Insurance Technologies

Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, is pleased to announce its new partnership with Fiduciary Exchange, LLC (FIDx), a technology-empowered network that seamlessly integrates the brokerage, insurance and advisory ecosystems to deliver annuity illustration and e-application sales capabilities within the Envestnet Insurance Exchange Platform, a wealth management platform.

Find details here.

Envestnet | Tamarac

Envestnet | Tamarac concluded its digital account-opening pilot with TD Ameritrade Institutional and Schwab Advisor Services, making the features available to the broad market, according to a company announcement. With the feature enabled, auto-populated client account information will now appear in the custodial platform, directly from Tamarac Reporting.

Find details here.

Report

Wealth Managers and High-Net-Worth Clients Embrace Digitization

A new report from Forbes Insights and Temenos also found a majority of wealth managers saw attracting mass affluent clients as “highly important” for their practice.  This report gives a look at the value of technology from the perspectives of both the wealth manager and the client.

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 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.

WealthTech Weekly May 20, 2019

WealthTech Weekly May 20, 2019

Chalice partners with Riskalyze, NRS and WeWork. BlackRock acquired eFront. Wealthbox CRM integrates with the Black Diamond Wealth Platform. Nest Wealth acquires Alberta-based Razor Logic Systems. North Capital builds free financial planning platform. Atria…