Institutional Investment & Trading

Digital wealth management tools have surged in popularity, providing individuals with affordable access to professional investment services. However, with a plethora of options available, selecting the ideal platform can be challenging. Here are some crucial factors to keep in mind when making your decision.

As more companies shift towards the cloud, data-driven wealth management platform WealthArc has compared cloud-based and on-premise wealth management solutions to see which comes out on top.

UK-based 1fs Wealth, which offers digital wealth intelligence, has reportedly received an investment from Singularity Capital, a US venture capital firm.

Cloud-based data automation platform Duco will deploy its technology with New Zealand-based wealth manager JBWere NZ.

Altruist, a custodian built exclusively for registered investment advisors (RIAs), has secured $112m in its Series D funding round.

Acorns, a saving and investing app for everyday people, has acquired GoHenry and its European arm Pixpay.

NPEX, a Dutch stock exchange for SMEs, has secured a €2m financing round that was led by existing shareholders, including CEO Mark van der Plas.

Raisin, a global savings and investment specialist, has raised €60m in a Series E funding round backed by Goldman Sachs.

Generative AI has taken the world by storm in just a matter of months. As companies look to assess whether the technology could transform their operations, will wealth management become a natural home for it?

Confluence Technologies has partnered with cloud native, AI-powered investment accounting platform FundGuard.