As the mass affluent investor segment is tipped for growth, wealth managers should ensure they have scalable solutions to manage the potential increase in client numbers which could come with capturing the progress in this area.
Technology & software solutions
The Monetary Authority of Singapore (MAS) has been proactive and transparent with licensing requirements, compared to other jurisdictions. The Digital Acceleration Grant (DAG) programme incentivises firms to modernise operations, equipping smaller managers with the necessary technology and helping new funds get off the ground. This programme, coupled with geopolitical influences, contributes to Singapore accelerating as a safe-haven for money and financial institutions.
CEPRES, a provider of investment decision solutions for private markets, and Bain & Company, have joined forces to create DealEdge, a digital product for private equity dealmakers.
Avaloq, a Swiss-based specialist in digital banking solutions, core banking software and wealth management technology, has been acquired from its existing shareholders, including private equity investor Wearburg Pincus, by Japanese NEC Corporation.
Backstop Solutions Group has launched Capital-Raising Dashboards, the newest add-on module within its suite of products for alternative asset managers.
RIA in a Box, a provider of compliance and registration solutions for wealth managers and investment organisations, has launched a new platform to address the unique regulatory requirements faced by private fund advisers including venture capital, private equity, and hedge fund managers.
Diligend solution to digitalise and automate private equity fund due diligence for top sovereign wealth fund
One of the world's top sovereign wealth funds (SWF) has slected Diligend, a provider of investment management software, to digitalise and automate fund Due Diligence for the private equity fund asset class.
The nature of Israel’s legal system, the availability of local financing, and expanding numbers of tech-based targets helped the country post its best first-half deal figures in over a decade, according to Pitchbook’s 2020 Israel Private Capital Breakdown report.
SEI's latest middle office whitepaper, "Remote Working, Covid-19 and Middle Office Outsourcing," explores some of the operations challenges and opportunities caused by Covid-19 lockdowns, woprkplace interruptions and the 'new normal'.
From 2010 Japanese investment deals in almost all types of Israeli high tech companies have continued to grow, according to the newly released Japanese Activity in the Israeli Tech Ecosystem Report, published by the IVC Research Center.