Technology
Digital Digest: The Latest Tech News - Tiller, Brewin Dolphin, Others
The latest tech news in wealth management across Europe, Middle East and Africa.
Tiller
Tiller
Investments, the online wealth manager, has partnered with
West Hill Capital, a venture capital firm.
West Hill Capital’s clients will gain access to the Tiller’s
wealth management service, and will benefit from technology,
wealth managers and proactive portfolio management.
Tiller has said repeatedly that it wants to work with private
banks and financial institutions.
Brewin Dolphin
Brewin
Dolphin, the UK independently-owned wealth manager, has added
its recently restructured managed portfolio service (MPS) to the
Hubwise platform, taking the number of platforms that its MPS is
available on to 12.
The others being: Aegon, Ascentric, Aviva, Fusion, James Hay,
Novia, Nucleus, Standard Life, Standard Life Elevate, Transact
and Zurich.
The agreement with Hubwise means that independent financial
advisors (IFAs) can now access Brewin Dolphin’s ten active and
passive model investment portfolios through the Hubwise
platform.
In May this year, Brewin Dolphin completed the final of four
transfers of its MPS into the new manager-of-managers strategies.
The business has reduced the third-party manager charges and pass
that benefit on to advisors’ underlying clients.
Dion Global Solutions
India-listed Dion Global
Solutions officially launched its Wealth Intelligence, aka
WIN platform in London last week, following shortly after a major
client win.
The platform, which the firm uses an agnostic approach to data
and isn’t tied to one set approach, is deployable in Dion’s
Amazon Web Services cloud, a cloud service of the firm’s choice
or on-premises. The new service offers front-to-back office
capabilities for investment managers, and a set of regulatory
compliance tools.
A few days earlier, Dion announced that Jersey-based Meridian
Asset Management had signed up to use its new Wealth Intelligence
platform.
The platform modules include an investment manager portal; client
and intermediary portal; order management; capital gains tax;
corporate actions workflow; asset administration and management
fees.
The firm, which operates in eight countries, has more than 250
clients, and is supported by a global staff of around 300 people.