Apex Clearing releases its inaugural Apex Millennial 100 report about stocks owned by millennials. Moody’s Analytics won Wholesale Modelling Software of the Year in the 2019 Risk Technology Awards. DriveWealth partners Revolut, a fast-growing European FinTech. Xtiva announced that SPS Family business units Sigma Financial, Sigma Planning and Parkland Securities will be deploying the XtivaCloud SPM platform. Envestnet is running a new pilot feature: Envestnet Credit Exchange.
Apex Clearing, the custody and clearing engine powering the future of wealth management, announces the release of its inaugural Apex Millennial 100 report, which showcases an analysis of the top 100 stocks owned by a subset of millennials as of June 30, 2019.
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DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced that its technology and brokerage execution services are fueling the major new commission-free stock trading service just introduced by fast-growing fintech Revolut. The DriveWealth platform is the engine for the new offering launched Aug. 1, giving Revolut’s more than 6 million customers throughout Europe the ability to invest in the U.S. equity market. The initiative represents one of DriveWealth’s largest partnerships to date.
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Moody’s Analytics, a global provider of financial intelligence, has won Wholesale Modelling Software of the Year in the 2019 Risk Technology Awards. It’s one of six categories won, spanning finance, accounting, regulatory, and credit functions.
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Xtiva, the only provider of Sales Performance Management Technology and Services exclusively for the financial service industry, announced that SPS Family business units Sigma Financial, Sigma Planning and Parkland Securities will be deploying the XtivaCloud SPM platform. SPS Family, headquartered in Ann Arbor, Michigan, provides a range of wealth management and planning services delivered by its 1,000-advisor network.
Find details here.
While Envestnet Insurance Exchange is months into its launch of an insurance portal on the firm’s software, the firm’s also running a pilot of its second portal-like feature: Envestnet Credit Exchange. Providing a credit exchange, where an advisor can intermediate the provision of loans for their client, is part of a larger strategy at the wealthtech firm.
Find details here.
