Five WealthTech Predictions for 2020
WealthTech is the application of technology to support the wealth management industry. It can be considered as being part of the much broader umbrella term of FinTech. In the context of this article I am considering WealthTech specifically as it relates to the offshore wealth management sector. This includes trust and fund administration companies and […]
Microgen & Touchstone complete merger
Microgen Financial Services and Touchstone Wealth Management announce the completion of their merger. This follows full clearance from all relevant authorities. The deal was first announced in November 2019, which followed a period of due diligence by Silverfleet Capital. Silverfleet have provided the funding for the merger. Read more on my blog from 25 November. […]
Review: CRS Audit Assessment Event
In this post I am reviewing a recent event on CRS Audit Assessment, held in Guernsey to mark the launch of the partnership between Centenal Legal Technology and Fusion Systems. A relationship that has been established following my introduction of these two technology companies Guernsey and Singapore. The main purpose of the event was to […]
4 Ways To Expand Your Digital Maturity
Any big changes in a company can take time to implement, and the same can be true of establishing digital maturity. However, in today’s increasingly streamlined, automated, and generally tech-oriented world, it’s important to move toward this end as quickly as possible. In a previous piece here at Solitaire Consulting, we explained that while the idea […]
Microgen and Touchstone to merge
Microgen Financial Systems and Touchstone Wealth Management, two of the leading providers of technology to the Trust, Fund and Corporate Services market are to merge, in a market-shifting software deal. The announcement was made to the staff of both companies and their key clients on Friday 22 November 2019 and a press release issued on […]
Preparing for CRS Audit Assessment
Best practice guidance on how to conduct an internal CRS audit It should come as no surprise that the tax authorities will, at some point, start to audit Financial Institutions to ensure they have effectively implemented the Common Reporting Standard (CRS) regulations. The authorities in the Crown Dependencies have committed to do this, although looking […]
A Practical Guide to Digital Transformation in Wealth Management
Solitaire Consulting works very closely with MBS and is delighted to be supporting their seminars in the Channel Islands this October. These free to attend events are aimed at Wealth Management professionals who are interested in better using technology to transform and improve their businesses. The Wealth Management sector is changing rapidly, driven by a […]
Taking CRS Compliance to the Next Level
CRS Expert® is a new RegTech software solution from Centenal. In this article I’ll explain the origins of Centenal and their rationale for building CRS Expert®. I was first introduced to Centenal a couple of months ago in a coffee shop in St Helier. I had been contacted by co-founder Betty Sun to see if […]
Laserfiche: the best Content Services Platform you’ve never heard of!
Laserfiche has been around for over 30 years, but I can guarantee (unless you are a regular reader of my blog, or based in the USA) you have probably never heard of it. Hopefully this is all about to change. Laserfiche can be described as a Content Services Platform of CSP. If you’re not sure […]
Sirius: a new application to transform collaboration in Wealth Management
Sirius from Vega Solutions is a new web portal application. It has the potential to transform the way trust and corporate services providers do business. Customer web portals are nothing new, particularly in financial services. How many of us haven’t used an online e-banking system, for example. Using web portals and mobile apps as a […]
