Big Data

Overwhelming majority of organisations suffer from data decision gap

Quantexa has found 95% of organisations suffer from the data decision gap, which is an inability to bring together internal and external data needed to make accurate decisions.

SaaS provider for asset allocation T-REX gets claws on $40m

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

The missing link to data management

It is critical for organisations to foster a data-centric culture that drives business value. The key to this, Quantexa argues, is a contextual approach to master data management (MDM).

Slide closes Series A, wields big data over the competition

Slide, a full-stack homeowners InsurTech, has closed an oversubscribed $100m Series A funding round. The round was led by Gries Investment Funds and Tampa Bay...

Why flexibility is imperative when developing digital financial services

A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.

Why cloud technology is key for digital platform speed and scalability

One of the key factors for companies in the digital age is ensuring that consumers can access their information quickly and efficiently. When these processes become too slow, this can have a damaging effect on the user experience.

Singapore unveils national program to deepen AI capabilities in finance

The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.

Majority of bank IT executives back cloud adoption to aid business goals

A report by the Economist Intelligence Unit has found almost three quarters of bank IT executives believe moving to the cloud will help their companies reach their objectives.

Regulation of stablecoins in sight following US Treasury body report

A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.

What does the future hold for the WealthTech industry?

Like a wide range of other industries, the WealthTech sector has seen digitisation accelerate massively recently – with the pandemic only serving to speed up this trend.

News Stories

FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

Explainable redress decisions: what the FCA demands

As large-scale remediation programmes such as the motor finance review continue to gather pace, the FCA has made clear that every compensation outcome must...

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