Interactive Brokers releases a new product aimed to reduce the administrative burden of participating in a securities class action lawsuit. iCapital will become the exclusive feeder fund-service provider for the wealth-management alternative investments group of Morgan Stanley. Wealthsimple partners with H&R Block to provide Canadians with a solution to grow their tax refund chance. Empower Retirement will deliver customized advisory services to workers saving for retirement. Envestnet acquires PIEtech for $500 million. Broadridge Financial Solutions integrated SWIFT global payments innovation for its corporate clients. Redtail integrates with Snappy Kraken.
Online trading major Interactive Brokers has announced the release of a new product which has the purpose of reducing the administrative burden of participating in a securities class action lawsuit.
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Morgan Stanley recently entered into an agreement with iCapital — a financial technology firm (FinTech platform). According to the agreement, iCapital will become the exclusive feeder fund-service provider for the wealth-management alternative investments group of Morgan Stanley.
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Wealthsimple and tax prep company H&R Block have announced a partnership to provide Canadians with a solution to grow their tax refund chance. Through the offering, H&R Block customers will be able to contribute to a Wealthsimple portfolio with no management fees for the first year when they open their first account.
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Empower Retirement announced a new means of delivering customized advisory services to workers saving for retirement through close collaboration with the skills and expertise of financial advisors.
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Envestnet acquires PIEtech for $500 Million. Wealthtech innovator Envestnet announced earlier this month plans for its tenth acquisition. The Chicago-based company will bolster its existing advisor offerings with the purchase of PIEtech, a deal expected to close mid-year 2019.
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Broadridge Financial Solutions has integrated SWIFT global payments innovation (gpi) for its corporate clients and is now on-boarding users. The solution, introduced to enhance the speed, transparency and end-to-end tracking of cross-border payments, is now available through Broadridge’s financial messaging application (FinMApp) to all SWIFT members.
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Redtail Technology (“Redtail”), a leading provider of client relationship management (CRM) solutions for financial services firms, integrates with Snappy Kraken, a MarTech company focused on helping financial professionals automate their marketing and business processes.
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