Big changes are afoot across a broad spectrum of the financial services industry. For example, in the wealth management and investment advisory space, thanks to huge technological developments in recent years, traditional wealth managers have a new competitor to face; the robo adviser, which sounds exciting but it is less the Terminator and more machine learning software, using algorithms to learn investor behaviour and automatically invest into portfolios based on clients' goals and risk threshold.
Technology & software solutions
Euronext has expanded its Spotlight options offering with new options on Flow Traders NV (FLW), a technology-enabled liquidity provider that specialises in exchange traded products (ETPs).
Guggenheim Investments has introduced an online resource to help advisors and investors use the firm’s BulletShares ETFs to build a more efficient laddering strategy consisting of investment-grade and high-yield ETFs with varying terms to maturity.
The ETF Store has launched a new online investment service offering, iPortfolios, providing investors with The ETF Store’s exchange-traded fund portfolios through a fully-automated online investment platform.
Koris International has launched TrackInsight, the first platform providing analyses on the replication quality of European exchange-traded funds for institutional investors.
Bloomberg Tradebook has launched the first electronic Request for Quote (RFQ) service for ETFs, enabling traders to anonymously access liquidity from US and European buy-side liquidity providers.
Horizons ETFs Management (Canada) has launched the Model Portfolio Builder, a customised exchange-traded fund portfolio development solution for Canadian investment advisors that focuses on keeping client risk constant.
Securities Service Network (SSN) has deployed the FolioDynamix wealth management technology platform for its rep-directed investment programmes.
Thomson Reuters is adopting MyVest Corporation’s Strategic Portfolio System (SPS) to automate the end-to-end delivery of managed accounts for Thomson Reuters’ wealth management customers.
Alamo Capital has launched a website for its online investment trading division, ACAP Trading.