Barclays is to upgrade its trading platform for all financial products traded on exchanges on 3 January 2018. It is the latest bank to opt in to ‘Systematic Internaliser’ status under MiFID II, which aims to push more trading onto regulated public...
FCA has announced that it received 61 submissions for the third edition of its regulatory sandbox, with 18 making the final cut, including propositions from Barclays, First Direct and Nationwide. Barclays is floating a RegTech proposition which tracks updates to...
UBS has said it will provide personalised recommendations and advice through its robo-advice website, not just guidance. The SmartWealth app recommends users one of five multi-asset strategies and the choice of investing using active or passive funds, with all-in fees...
Nutmeg has announced that its asset under management have risen above £1bn. Client funds have risen 93% year-on-year, while customer numbers have more than doubled to 48,700 in the last 12 months Lendable, a UK start-up that lends to consumers, has raised £300m from...
Fidelity is using virtual reality, built on the Google Daydream headset, to transport staff into the homes of fictional customers so that they can see the impact of their responses to queries during and after a simulated telephone call. RBR Capital Advisors is...
Aviva has acquired a majority stake in the robo-adviser, Wealthify, for an undisclosed sum. The robo-advisor, which offers retail investors access to a number of savings and investment plans will be integrated into Aviva’s online portal MyAviva Barclays has...
