Investment Management stories
Citi Wealth launches AI assistant Citi Sky for US clients
Last week
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digital transformation
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fintech
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cx
Citi Wealth rolls out AI-powered assistant for US clients, with Google DeepMind avatar tech set to support advisors on wealth platforms.
FIS upgrades trading & risk suite for buy-side firms
Last week
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digital transformation
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fintech
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rpa
FIS revamps cross-asset platform with AI dashboards and SaaS tools to help buy-side firms manage trading, portfolio and risk in one system.
WealthArc launches AI agent to structure portfolio data
This month
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digital transformation
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fintech
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it automation
WealthArc unveils AI Agent to turn messy custodian records into structured portfolio data for wealth managers, backed by human review.
Caruso wins $9.3M funding, scales AI fund services
This month
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crm
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digital transformation
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fintech
Caruso lands AUD $9.3 million from Icehouse Ventures and GD1 as Centuria joins 80-plus clients using its AI-native fund administration platform.
Pello buys ByAllAccounts as Morningstar stays customer
This month
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saas
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digital transformation
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fintech
Pello buys ByAllAccounts from Morningstar in a deal that leaves the data aggregation platform embedded in adviser and investor tools.
Gresham renames S&P Global EDM platform as Opus EDM
This month
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saas
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digital transformation
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fintech
Gresham renames acquired enterprise data platform Opus EDM, keeping it separate from Prime EDM and planning AI features for 2026.
FNZ launches premium Select service for wealth clients
This month
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digital transformation
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fintech
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cx
FNZ launches premium Select service for wealth clients, giving top-tier firms priority product input, AI tools and faster platform support.
Allegro & Elliott launch USD $500m screen credit fund
Last month
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physical security
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intellectual property
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financial institutions
Allegro and Elliott-backed venture opens USD $500 million non-bank lending line for film and television projects.
GeoWealth adds Goldman Sachs in USD $42.5m Series C round
Last month
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fintech
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blackrock
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venture capital
GeoWealth extends its Series C with a USD $42.5m minority stake from Goldman Sachs to fuel growth while its family office keeps control.
Persistent appoints Hari Abhyankar to lead private equity
Last month
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data analytics
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digital transformation
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ai
Persistent hires Hari Abhyankar as EVP and global head of private equity, sharpening its push into investor and professional services markets.
Alchelyst merger creates unified private markets platform
Last month
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digital transformation
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fintech
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cx
Alchelyst merges with Lyra Client Solutions to form a unified tech-enabled private markets servicing platform led by founder Joan Kehoe.
Manulife picks Akka to power enterprise agentic AI
Last month
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devops
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digital transformation
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it automation
Manulife taps Akka's runtime to harden and scale its beta enterprise agentic AI platform for regulated, business-critical workloads.
AutoRek launches RegToolKit for real-time compliance
Last month
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digital transformation
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fintech
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rpa
AutoRek unveils RegToolKit, a real-time regulatory compliance hub mapping rules to controls, audit trails and breach remediation.
Colter Bay launches AUD $100m Australian private credit fund
Last month
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risk & compliance
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australian dollar
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cba
Colter Bay launches Australian private credit fund with AUD $100m facility to plug an estimated AUD $25bn lower mid-market funding gap.
Balyasny builds AI research platform for hedge fund teams
Last month
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digital transformation
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fintech
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rpa
Balyasny embeds an AI research platform across 95% of its hedge fund teams, aiming to speed investment analysis while tightening controls.
Linedata unveils Mosaic to unify fixed income trading
Last month
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digital transformation
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fintech
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partner programmes
Linedata has launched Mosaic, an FDC3-based workspace unifying fixed income trading tools to cut integration time and manual rekeying.
Addepar unveils Addison AI to power wealth insights
Last month
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data analytics
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digital transformation
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fintech
Addepar launches Addison AI to give wealth managers trusted, natural language portfolio intelligence embedded across its platform workflows.
AI seen as new risk as firms lag on surveillance plans
Last month
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digital transformation
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crypto
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partner programmes
Most financial firms see AI driving new compliance risks within a year, yet nearly a third still lack a trade surveillance strategy.
MSCI names Dinesh Gupta Chief Data & Operations Head
Last month
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data analytics
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digital transformation
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ai
MSCI appoints ex-Goldman executive Dinesh Gupta as Chief Data Officer and Global Head of Operations to drive its data and AI strategy.
MSCI to acquire Compass to boost multi-asset indexes
Last month
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fintech
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risk & compliance
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data management
MSCI is buying Compass Financial Technologies to deepen its multi-asset and crypto index capabilities and expand bespoke benchmark services.