Nasdaq, Citi Launch Blockchain Payments System: Tech Roundup
Nasdaq and Citi announced on Monday that they have collaborated to launch a blockchain-based payment system that facilitates straight-through payment processing and reconciliation.
What Tech Traps Are Examiners Looking For?
Almost half of financial firms reported being examined by regulators in the last 12 months, according to Smarsh’s 2017 Electronic Communications Compliance Survey.
When Advisors Become Technology Developers
“Listening to clients is the best way to ensure that the technology we are offering is something that solves a problem or fulfills a need,” says SS&C Advent's Dave Welling.
Blockchain Seen as Powerful Client Tool for Financial Services
The Financial Services Roundtable held an event on Tuesday to discuss the potential for blockchain in financial services.
Tamarac Is Fixing Advisors' Software Pet Peeves
Envestnet | Tamarac is working hard to reduce the number of clicks it takes to get something done, Chief Technology Officer Brandon Rembe said.
Staying Out of the Technology Penalty Box
“Advisors used to be able to avoid the penalties associated with being late adopters of technology; however, that is no longer the case,” Joel Bruckenstein said recently.
State Banking Regulators Sue Feds Over Fintech Charter Proposal
State banking regulators are taking the OCC to court over its proposal to establish a special-purpose national bank charter for financial technology companies.
Alts Platform iCapital Opens to Accredited Investors: Tech Roundup
Alternative investment provider iCapital Network is expanding access to its online investment platform to accredited investors in addition to qualified purchasers.
SEC Accepting Comment on Inline XBRL Filing Requirements
In an effort to improve the quality of data regarding financial firms, the SEC proposed a rule that would require firms to submit financial statements and mutual fund summaries using inline XBRL.
Will Robo-Advisors Be Terminated?
The once great disrupters seem to have met their limitations. What should advisors expect from this technology now?