Global financial services firm FNZ is offering a premium service level, FNZ Select, the company announced.
The new premium service gives select clients preferred access to new features, the opportunity to provide input on future developments and priority support on complex cases, Roman Regelman, group president of FNZ, said in an interview.
The existing core service remains the same, and core clients can pay extra to use additional features and services, Regelman added.
In August 2025, FNZ entered a five-year agreement with Microsoft to develop AI applications for the financial sector. FNZ uses Microsoft 365 Copilot in middle- and back-office operations.
The AI can transcribe meeting recordings, identify investment opportunities, flag risks and tailor recommendations to each client.
BMO and Raymond James are FNZ clients.
BMO starts using tokenized cash and deposits platform
BMO worked with Chicago financial services firm CME Group and Google Cloud to start using a tokenized cash and deposits platform to let institutional clients move funds around the clock, seven days a week, the Canadian bank announced.
Tokenized cash will facilitate institutionalized settlements to regulated financial institutions in capital markets and commercial banking beginning in the second half of this year.
Meanwhile, tokenized deposits let BMO offer traditional commercial bank funds in digital form. It is available for general business-to-business payments, treasury movements and programmable cash applications.
Notetaking AI expands into insurance
San Francisco-based notetaking AI tool Zocks started offering tools to support life insurance applications.
It can capture a client’s household, financial and personal life details during a discovery meeting as well as use PDFs, scans and photos of documents to fill in carrier paperwork.
The AI can also extract information for needs analysis and suitability, among other administrative processes, to support agent workflows.
The features, Zocks says, will help agents become more productive and shrink the time it takes to issue policies.
Last year, Zocks opened its first Canadian data centre and started offering French-language features for Canadian advisors.
Equitable partners with post-loss care support service
Equitable Life of Canada clients are getting free access to New York-based post-loss support service provider Empathy, the insurer announced.
Access in included with all Equitable life insurance policies.
TD and iA has offered some clients access since December and BMO Insurance has offered certain policyholders access since January.
Estate executors and family members can access trained care managers and guidance from Empathy to navigate the steps following a loved one’s death.
Guidance includes a step-by-step post-loss plan, such as writing an obituary and closing financial accounts; benefits and insurance claims support; and grief resources.
PWL starts using d1g1t
PWL Capital has started using Toronto-based wealth tech firm d1g1t’s performance and risk analytics software, d1g1t announced recently.
The platform includes performance reporting, client portal access, portfolio management and billing tools.
PWL will use d1g1t in English and French for its advisor-facing workflows, client portal and mobile app. It is white-labelled to PWL’s brand.