Northern Trust has partnered BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. InvestorCOM announced a three-year data deal with Morningstar Inc. RIA in a Box joined forces with Morningstar, Redtail Technology (Redtail), and Riskalyze to help new RIAs work remotely and more efficiently. Charles Schwab gets DOJ approval to buy TD Ameritrade. Sezzle together with the Center for Generational Kinetics announced the results of a landmark nation-wide survey of young consumers. Moody’s Analytics has added new capabilities to its small business loan application and lending portal. Wealthfront has introduced several new features to its Cash Account.
Northern Trust has partnered BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. The new capabilities, delivered through BlackRock’s investment management and operations platform, Aladdin, will provide clients with increased efficiency, interoperability and transparency across the back, middle and front office.
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Sezzle, the leading North American, purpose-driven, payments platform, together with the Center for Generational Kinetics, a global leader in generational research, announced the results of a landmark nation-wide survey of young consumers, providing new insights into how younger generations of consumers think about personal finances, credit products, and payments.
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Moody’s Analytics has added new capabilities to its small business loan application and lending portal to help banks process loan forgiveness applications under the CARES Act Paycheck Protection Program (PPP)
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InvestorCOM, the leading provider of regulatory compliance software and communications solutions for the financial services industry, announced a three-year data deal with Morningstar Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia.
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Charles Schwab gets DOJ approval to buy TD Ameritrade. Charles Schwab last November agreed to buy TD Ameritrade in an all-stock deal valued at $26 billion. The merger could create a brokerage giant in a market that has been ravaged by price wars.
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RIA in a Box, a leading provider of compliance, cybersecurity, and registration software and services solutions for the wealth management industry, announced it has joined forces with industry leaders Morningstar, Redtail Technology (Redtail), and Riskalyze to help new registered investment advisors (RIAs) work remotely and more efficiently in the wake of COVID-19. The Path to Independence Promotion will allow advisors that partner with RIA in a Box to register a new RIA firm to use industry-leading cloud-based technology from the supporting firms, free of charge, based on their unique business needs through December 2020.
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Wealthfront’s cash account now has a debit card and direct deposit, making it more like a hybrid checking and savings account. Wealthfront has introduced several new features to its Cash Account so it acts as a hybrid savings/checking account. Beginning June 3, Wealthfront is gradually making these features available to existing customers. By the end of June, anyone will be able to access these features.
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