Managers of Wealth Asia Pacific

Stiffer Bank-Technology Rules Loom in China

Beijing presses for secure and controllable systems; suppliers fear intrusive measures

CBA rolls out IRESS systems to all advice groups

The transition to IRESS technology will take approximately two years to complete

OCBC Bank uses Apple Touch ID for account balance access

Singapore's OCBC Bank is enlisting Apple's Touch ID technology to let customers check their account balances with the press of a finger.

Caught in the crosshairs of burgeoning digital advice

Australians will have even more opportunity to sidestep advisers in future, and a recent paper by the UK-based Oxford Martin School concludes there's a 58 per cent chance of financial adviser roles being eradicated over the next 20 years by artificia

IDC says digital projects to drive IT budget among Asian FSI

IDC expects superregionals and the large tier 1 domestic banks will have a higher than usual IT budget for 2015

Andreas Antonopoulos Makes Case for Bitcoin Before Australian Senate

Bitcoin evangelist Andreas M Antonopoulos has appeared before the Australian Senate as part of an inquiry into the local treatment of digital currencies.

IBS Intelligence ranks Avaloq as bestselling private banking solution for third year running

IBS’s Sales League Table is the barometer of international core banking systems sales activity and the industry’s picture of geographical and sector trends

Polaris Receives Top Scores in Celent’s Global IT Vendor Surveys

Scored highest in custom development, package implementation, and maintenance

Bank of Maharashtra Completes Roll-out of InfrasoftTech Mobile Banking Solution

Bank of Maharashtra was able to meet all its business and technology goals for this automation project

Building engines of innovation within DBS:Neal Cross

An industry veteran with stints in senior management at Microsoft and Mastercard, Cross is an industry thought leader, with more than 20 years of experience in technology, innovation and financial services.

China funds industry tipped for social media revolution

A craze to digitise the lunar new year tradition of handing out lucky money in red envelopes is seen as a catalyst for internet and fund firms to link to savings schemes via social media.

NDC signs agreement with Enjaz Capital

The National Data Consultants (NDC) signed an agreement with Enjaz Capital Islamic Microfinance Bank (ECIMB), for the implementation of T24 Banking Software and Temenos Mobile Banking Solution

Mobile money goes global in 2015 reports GSMA

Mobile money is expanding rapidly as global smartphone penetration grows

Value Partners Group Selects Charles River’s Investment Management Solution

Users will have a single, integrated platform to support investment management activities across the firm’s equities, fixed income, FX, and derivatives operations.

AXA Investment Managers partners SimCorp

With €607 billion in assets under management, AXA Investment Managers is one of the largest European-based asset managers with multiple asset classes of high volume.

Mirae Asset Securities Strengthens Smart Asset Management

Mirae Asset Securities is launching a new mobile application for smart asset management to match its new website.

Abhibus.Com appoints Kotak Investment Banking to raise $40mn

Hyderabad-based software and services provider to fleet owners Abhibus.Com has appointed Kotak Investment Banking for raising USD 40 million from PE funds

Two ex-Infosys directors fund software product firm

The two co-founders, also former Infosys employees, however, did not disclose the investment made by Pai and Bala for the paid-up capital, or their own and that of former Wipro director B.C. Prabhakar and a few angel investors.

Global Bank IT Spending to Hit $196bn in 2015

Spending by European banks will rise at a more conservative 3.7 per cent in 2015 to reach $64.3 billion.

Ventureast raising up to $200M for technology-focused fund, aims to close in 3-months

It expects to close the fund faster than previous ones.

FinTech