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Chalice launches the Reg-BI Readiness Platform to help its members work under the new regulatory environment. AdvicePay launches a fee calculator to simply and easily calculate the amount of fees and automatically create accompanying invoices for compliance purposes. Northern Trust Asset Management is to acquire Belvedere Advisors LLC, which owns Emotomy. Moody’s Analytics acquired RiskFirst to extend its range of risk solutions to the institutional buy-side. Wealthsimple selected Xignite to power its new stock-trading mobile app, Wealthsimple Trade. Interactive Brokers joins Tradesocio’s liquidity partners to make Interactive Brokers’ liquidity engine available to financial services providers adopting Tradesocio’s technology. Orion partners with HealthSavings Administrators to empower RIAs to easily integrate HSAs into retirement planning services for their clients. Addepar integrates with three financial planning software packages: Libretto, eMoney Advisor, and Envestnet MoneyGuide.

Chalice Finanacial Network

Chalice Financial Network™ (“Chalice,” “CFN” or “the firm”), a first of its kind Software-as-a-Service (SaaS)-based member-benefit organization for independent financial advisors, announced the launch of its Reg-BI Readiness Platform. The new platform has been designed to help Chalice’s independent financial advisor members in seamlessly serving their clients and growing their businesses under the new regulatory environment being shaped by the latest requirements of the Securities and Exchange Commission (SEC).

Find details here.

Northern Trust

Northern Trust Asset Management, one of the world’s leading investment managers, has entered into an agreement to acquire Belvedere Advisors LLC, which owns Emotomy®, an open-architecture digital investment advice platform designed for financial professionals. The acquisition, subject to all applicable regulatory filings and customary closing conditions, is anticipated to close by the end of the year.

Find details here.

Moody's Analytics

Moody’s announced that it has acquired RiskFirst, a leading fintech company providing risk analytics solutions for the asset management and pension fund communities. A news release indicated the acquisition positions Moody’s Analytics to extend its range of risk solutions to the institutional buy-side.

Find details here.

Wealthsimple

Canada-based fintech and global digital investing service, Wealthsimple announced it has selected Xignite to power its new online investment manager feature, Wealthsimple Trade, which is described as a new stock-trading mobile app, available in Canada.

Find details here.

Interactive Brokers

Interactive Brokers joins the line of Tradesocio’s liquidity partners, thus allowing financial services providers adopting Tradesocio’s technology to also integrate Interactive Brokers’ liquidity engine, using FIX API.

Tradesocio offers a wide spectrum of technology solutions, including separately managed accounts (SMA), Mirror Trader, TS Trader, ETF Station and Digital Wealth Advisor (DWA), which integrate easily with any existing infrastructure via API used by financial services providers to connect their front, middle and back-office.

Find details here.

Orion

HealthSavings Administrators, a top health savings account (HSA) provider, and Orion Advisor Services, LLC, the premier portfolio management solution provider for registered investment advisors (RIAs), announced a strategic partnership to empower RIAs to easily integrate HSAs into retirement planning services for their clients.

Find details here.

Addepar

Wealth management platform provider Addepar announced new integrations with three financial planning software packages. The new partners include two tech vendors popular with financial advisors: eMoney Advisor and Envestnet MoneyGuide. The third, Libretto, is better known in the family office space.

Find details here.

AdvicePay

AdvicePay, the only financial planning fee-for-service billing and payment platform designed exclusively for financial advisors, announced the launch of a new fee calculator that simply and easily calculates the amount of fees that are due based on various client-fee schedules and scenarios, while automatically creating accompanying invoices for compliance purposes and to implement the actual billing process.

Find details here.

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 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…

WealthTech Weekly July 22, 2019

WealthTech Weekly July 22, 2019

DriveWealth launches WealthSeed, an alternative platform to traditional employer-sponsored plans. TradingScreen's EMS has been certified for integration with thinkFolio. Birch Grove Capital selected ClearStructure's Sentry PM as its portfolio management solution. Advisor Group introduced…

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…