Technology
UK-based digital wealth platform sold to global fintech firm
Acquirer sees a growing demand from companies to ‘modernise their legacy point solutions’
BlackRock and Avaloq partner to bolster wealthtech offerings
Asset manager will make a minority investment in the fintech firm as part of the agreement
43% of advisers see AI tech as a threat to their business
As one-fifth say they are fully prepared for Consumer Duty
Pensions dashboards connection deadline delayed until 2026
But DWP says that public may have access before then
BNY Mellon tech subsidiary rolls out wealth management platform
It will enable advisers to ‘seamlessly connect all the components of a client’s financial picture in one place’