Investment technology

They will be deployed to the branches and teach veteran brokers how to make use of the firm's new high-tech wealth management tools, the company says.

Webster Bank’s partnership with the national broker-dealer LPL is a reversal of its initial opposition to robo-advisers. It is the latest regional bank to enter a market first claimed by the biggest banks.

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

Bank of Canada governor says digital currencies could cause “significant disturbance”; JPM testing quantum computing's abilities.

Millennials want mobile-first digital advice, and will invest millions on such platforms.

KeyBank is the latest to join the robo-adviser trend. Its investment services unit just announced a partnership with Jemstep, which is eager to do more such deals with banks now that it is owned by Invesco.

Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improving efficiency.

The firm built a product to match the current moment, which is political, says CEO Hardeep Walia.

MarketRiders is the latest digital platform aimed at a specific minority investor community.

Wealthsimple is backed by the same investor, Power Financial, that last year injected $75 million into Personal Capital.