Monarch offers electronic onboarding
New system uses Fundserv program, enables electronic signatures
- By: Tessie Sanci
- July 4, 2016 July 4, 2016
- 10:30
Latest news in Industry News
Canadians would welcome robo-advisor services from their banks
Although banking clients said they prefer the benefits of receiving automated advice, most will continue to need some form of personal advice
- By: Rudy Mezzetta
- June 30, 2016 June 30, 2016
- 15:40
New tool aims to help firms promote advisors on Facebook
Hearsay Social’s “corporate-to-local advertising” tool is designed to save the time of advisors who may not have the social media experience to produce their own…
- By: Tessie Sanci
- June 30, 2016 June 30, 2016
- 15:15
Ontario court denies appeal from investor against WFG Securities
The appeal court upheld a lower court ruling that the case should be dismissed because it was brought outside the limitation period
- By: James Langton
- June 30, 2016 June 30, 2016
- 13:40
J.P. Morgan launches internal fintech incubator
The firm’s “In-Residence” program will allow fledgling fintech startups to sit “side by side” with J.P. Morgan to develop innovations
- By: James Langton
- June 30, 2016 June 30, 2016
- 12:35
Ontario woman charged with fraud and other securities violations
Michelle Dunk, who was given jail time for alleged unregistered trading earlier this year, is now facing further charges
- By: James Langton
- June 30, 2016 June 30, 2016
- 09:50
Nasdaq completes ISE acquisition
As part of the deal, Nasdaq acquires three electronic options exchanges and doubles its stake in The Options Clearing Corp.
- By: James Langton
- June 30, 2016 June 30, 2016
- 09:40
Financial services veterans appointed to the Order of Canada
Howard Wetston, Kathleen Taylor, Ned Goodman and Louis Vachon received one of Canada’s highest civilian honours
- By: James Langton
- June 30, 2016 June 30, 2016
- 09:35
U.S. brokerage firms see drop in Q1 profits, revenue
However, the results represent an increase on a quarter-over-quarter basis as numbers were up from Q4 2015
- By: James Langton
- June 30, 2016 June 30, 2016
- 08:40
Update: IFIC opposes possible embedded-commission ban
Fund industry group says CSA should wait until effects of existing reforms are known
- By: James Langton
- June 29, 2016 June 29, 2016
- 15:20
New robo-advisor embraces AI-driven active management
Although Responsive’s services have higher fees than other robo-advisors, these will be justified when markets take a downward turn, says the firm’s CEO
- By: Fiona Collie
- June 29, 2016 June 29, 2016
- 13:50
GE Capital no longer a systemically important institution
The U.S. FSOC has determined that GE Capital has effectively reduced its systemic importance to an acceptable level
- By: James Langton
- June 29, 2016 June 29, 2016
- 12:30
IFIC releases latest volatility risk guidelines
This year’s guidelines come at a time at which the CSA is currently working on a standardized methodology for measuring and reporting risk to investors
- By: James Langton
- June 28, 2016 June 28, 2016
- 15:50
AGF announces pricing, portfolio management changes
Easier access to preferred fee level; portfolio management changes for two equity pools
- By: Tessie Sanci
- June 28, 2016 June 28, 2016
- 15:25
New open standard for fund data
Consortium of European companies creates “openfunds” project to improve transparency
- By: James Langton
- June 28, 2016 June 28, 2016
- 06:30
Fairfax to acquire stake in Indonesian insurer
The firm will acquire an 80% interest in PT Asuransi Multi Artha Guna Tbk, a general insurer with US$65 million in gross written premiums in…
- By: Tessie Sanci
- June 27, 2016 June 27, 2016
- 10:30
Wooing the wealthy
As growth of HNW assets slows, wealth managers must deliver visible value, digital tools, says annual Capgemini report
- By: Jade Hemeon
- June 23, 2016 June 23, 2016
- 15:50
IFIC releases new CRM2 guide
Information for dealers focuses on annual investor reports
- By: James Langton
- June 23, 2016 June 23, 2016
- 10:30
Industry groups respond to Basel consultation on internal risk models
Proposals would harm economic growth
- By: James Langton
- June 22, 2016 June 22, 2016
- 15:30
Business groups mostly warm to CPP changes
Investment industry approves of gradual increases in premiums
- By: Tessie Sanci
- June 22, 2016 July 25, 2018
- 13:30
Scotiabank teams with Kabbage to automate business loan process
It’s not the first time that one of the big Canadian banks has partnered with a financial technology upstart
- By: Alexandra Posadzki
- June 22, 2016 June 22, 2016
- 12:00
Finance ministers reach CPP agreement
Premiums to increase in 2019
- By: Geordon Omand
- June 21, 2016 June 21, 2016
- 05:30
Deloitte acquires consulting firm
Casey Quirk is world’s largest consultancy dedicated exclusively to asset managers
- By: Tessie Sanci
- June 20, 2016 June 20, 2016
- 15:35
Markit to acquire Prism Valuation
Toronto firm will be integrated into Markit’s portfolio valuations service
- By: Tessie Sanci
- June 20, 2016 June 20, 2016
- 10:20