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Moody’s Analytics is named the Data Provider of the Year category by the 2019 Regulation Asia Awards for Excellence. FinancialForce was named a Leader in G2’s latest reports for Professional Services Automation.

Artivest’s open-architecture digital platform will bring its alternative solutions to MacKay’s financial advisors and qualified high-net-worth investors. Totum Risk™ integrates its risk scoring technology within the Client Portal of Orion Advisor Technology. LifeYield integrates with Orion Advisor Tech to help advisors minimize their clients’ taxes and maximize their after-tax returns. OpenFin raised $5m in Series C funding.

Hearsay Systems released an automated compliance supervision solution specifically for text messaging to proactively protect firms from financial service and telecommunication industry requirements. Advicent has launched NaviPlan 19.3, to help advisers deliver more accurate health care projections. Castle Hall launched the DiligenceExpress service enabling investors, asset managers and industry service providers to review and monitor diligence information.

Moody's Analytics

Moody’s Analytics has won the Data Provider of the Year category at the 2019 Regulation Asia Awards for Excellence. They earned this recognition for the Moody’s Analytics Data Alliance and for Orbis, from Bureau van Dijk, a Moody’s Analytics company.

Find details here.

MacKay Shields

MacKay Municipal Managers™, the municipal bond team of MacKay Shields LLC, will harness Artivest’s open-architecture digital platform to bring its alternative solutions to financial advisors and qualified high-net-worth investors. MacKay seeks to capitalize on opportunities in the municipal bond market, including the mispricing of securities, in order to provide income-oriented investors with attractive after-tax total returns.

Find details here.

Hearsay Systems

Hearsay Systems, a digital communications and workflow solutions for the financial services industry, has released an automated compliance supervision solution specifically for text messaging to proactively protect firms from financial service and telecommunication industry requirements. This solution leverages industry-specific keyword lexicons powered by Hearsay’s compliance platform with an artificial intelligence-powered risk meter.

Find details here.

OpenFin

OpenFin, a NYC-based provider of an operating system (OS) of finance, raised additional $5m in funding.

HSBC has joined Bain Capital Ventures, Barclays, CME Ventures, DRW Venture Capital, J.P. Morgan, NYCA Partners, Pivot Investment Partners, and Wells Fargo in Series C financing, bringing the total amount raised in this round to $22m and total funding to date to $45m.

Find details here.

FinancialForce

FinancialForce, an Enterprise Professional Services Automation (PSA) and the only customer-centric ERP (CCERP) cloud solution, has been named a Leader in G2’s latest Main (overall market) Grid, Enterprise Grid, Mid-Market Grid, Small Business Grid and Momentum Grid reports for Professional Services Automation. G2 recognized FinancialForce for its extremely high customer satisfaction scores and its large market presence.

Find details here.

Advicent

Advicent has launched NaviPlan 19.3, to help advisers deliver more accurate health care projections.

These forecasts can be delivered in two ways. The first is through the new NaviPlan Guided Retirement tool. This is a two-minute guided workflow that is designed to demonstrate the adviser’s value. The second is the comprehensive planning experience of the NaviPlan financial planning platform. Both approaches provide insight into how health care expenses impact an investor’s retirement spending.

Find details here.

Totum Risk

Totum Risk™, an Investment Life Scoring Tool that focuses on facts over feelings, announced the integration of its risk scoring technology within the Client Portal of Orion Advisor Technology, LLC, a division of Orion Advisor Solutions and the premier provider of financial advisor technology and investment solutions.

Find details here.

Castle Hall

Castle Hall, the Due Diligence Company, launched DiligenceExpress, a completely free of charge service enabling investors, asset managers and industry service providers to review and monitor diligence information on more than 19,000 registered investment advisors and 62,000 private funds.

Find details here.

LifeYield

LifeYield LLC, the leading cloud-based solution that facilitates tax-smart, risk-smart management of an investor’s entire household portfolio, announced a new integration with Orion Advisor Tech, a division of Orion Advisor Solutions and the premier provider of financial advisor technology and investment solutions, helping advisors minimize their clients’ taxes and maximize their after-tax returns. LifeYield’s integration draws on Orion’s client data to generate financial analytics highlighting opportunities to reposition assets for greater household tax efficiency.

Find details here.

WealthTech Weekly March 30, 2020

WealthTech Weekly March 30, 2020

Demand Wealth received an investment from Niche Investment Partners. iCapital Network closed a $146 million financing round. Registrar Corp acquired Vinca. Envestnet partners with Compliance Solutions Strategies. Allianz Global Investors joined…

WealthTech Weekly March 23, 2020

WealthTech Weekly March 23, 2020

DriveWealth partners with Wealthface. United Planners has new general partners. Wealthface moves to the MENA region. Modern Capital is to acquire Western Equity Group. Addepar got an investment of $40 million. HiddenLevers…

WealthTech Weekly March 16, 2020

WealthTech Weekly March 16, 2020

CAPTRUST Financial Advisors has acquired Welch Hornsby. AdvisorTouch integrated into Wealthbox CRM. Sanctuary Wealth partners with Conversant Wealth Management. All Seasons Wealth acquired personal finance practices. TradePMR rolls out refined trading tools on…

WealthTech Weekly March 9, 2020

WealthTech Weekly March 9, 2020

AssetMark bought OBS Financial. Broadridge acquired FundsLibrary. Mariner Wealth Advisors will acquire the assets of Wealth Health. InvestCloud launches an InvestCloud White platform.

WealthTech Weekly March 2, 2020

WealthTech Weekly March 2, 2020

NFP Ventures invests in Wealth Technologies. Charles Schwab purchases Wasmer Schroeder. Morgan Stanley acquires E*Trade. RBC Wealth Management acquires Visionary Wealth Management. National Advisors Trust partnered with Dynasty Financial Partners. Key Private Bank selected the…

WealthTech Weekly February 24, 2020

WealthTech Weekly February 24, 2020

Motive Partners acquired a majority interest in the Investment Services business of Fiserv. Wealth Enhancement Group acquires JOYN Advisors. Savant Capital Management and Huber Financial Advisors finalized their merger. Franklin Resources agreed to buy…

WealthTech Weekly February 17, 2020

WealthTech Weekly February 17, 2020

Orion partners with Ameritas Investment Company LLC, Benjamin F. Edwards, and Great Valley Advisor Grou. Synergy Wealth Alliance joined LPL Financial’s platforms. Frontier Wealth Management acquired Highwater Wealth Management. Orion updated the Connect…

WealthTech Weekly February 10, 2020

WealthTech Weekly February 10, 2020

EP Wealth Advisors acquired International Research & Asset Management. Grab Financial Group acquired Bento. OneDigital acquires Resources Investment Advisors. Professionals at Farm Bureau Financial Services will use Riskalyze's risk metrics. WisdomTree Investments plans…