RBC Wealth Management-U.S. and fintech Broadridge Financial Solutions announced that RBCWM will utilize the Broadridge Wealth Management Platform to power its growing U.S. business. The Broadridge Wealth Management Platform is open architecture powered by state-of-the-art APIs and micro-services that facilitate seamless connectivity to a client’s proprietary and third-party applications. The platform includes a modernized advisor desktop and customizable tool set. Key advisory features include performance reporting, managed accounts support and sleeve accounting; multi-market order management and trade routing; and full back-office functionality that handles multi-currency, global clearance and settlement, asset servicing, and integrated workflow across the entire enterprise to accelerate client on-boarding and other key functions.
Bambu, provider of robo-advisory technology solutions, and digital banking platform Moven Enterprise (Moven), have partnered to help financial institutions deliver the next generation of digital wealth management solutions. The new joint offering will combine Moven’s financial wellness technology with Bambu’s leading digital wealth management products and services. The combined contextual, scalable solution will empower retail banking customers, allowing them to expand their spending and savings effort into goal-based, long-term investing.