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.

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. 

Truss Edge, a specialist technology and consulting business that supports the middle and back offices of fund managers, has made further improvements to its existing software architecture.

Truss Edge has rolled a raft of improvements to its middle and back office technology solutions suite for fund managers and ETFs.

Tickeron, an artificial and human intelligence platform has launched the Intraday Pattern Feed and Trend Prediction Engine to provide investors with ETF trading knowledge and analysis through artificial intelligence algorithms.

CME Group is to male options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts available for trading on 31 August, 2020, pending regulatory review.

Truss Edge has completed a System and Organisation Controls (SOC) 1 Type I Audit examination for its technology systems. 

Tickeron has launched an Intraday Pattern Feed for stocks and ETFs. 

ROBO Global, an industry pioneer in innovative investing strategies, has launched the ROBO Global Artificial Intelligence ETF in partnership with Exchange Traded Concepts (ETC).

The current situation, with so many people in isolation, is leading to increased demand for cloud services says Dan Ives, Wedbush technology analyst and manager of the Wedbush ETFMG Global Cloud Technology ETF (NYSE Arca: IVES).