Managers of Wealth Africa

MENA banking IT spend to hit $13.1 billion in 2014

This forecast includes spending by banking organisations on internal IT services, including personnel, IT services, software, data centre technologies, devices and telecom services.

Angolan President’s Daughter Bids to Buy Portugal Telecom

Conditions include an acceptance level of more than 50 percent and no major changes such as a sale of strategic assets. Portugal Telecom rose as much as 15 percent in Lisbon.

SS&C Announces Executive Promotions to Strengthen Private Equity and EMEA Teams

SS&C Technologies has announced key executive promotions to further extend its focus and capabilities in both its private equity software and fund administration services businesses.

'Mobile phone apps cutting into wealth management industry'

This technology is being used by hedge fund managers launching funds running on Algorithmic Cloning Technology, said Nakul Gupta, Chief Technology Officer at the Singapore-based Clone Algo group.

Africa’s emerging markets offer high growth for e-Commerce

Africa offers enormous growth potential for e-retailers given that online shopping is in its infancy in the region. This is according to Sumesh Rahavendra, head of marketing for DHL Express Sub Saharan Africa (SSA), who says the recently released ‘S

UBA and Ixaris to deliver e-Commerce payments to over 10m across Africa

The new virtual payment card will also enable UBA corporate clients to take advantage of the wider range of goods and services available on the Internet

Sterling Bank partners SecureID for financial inclusion

STERLING Bank Plc has entered into new partnership with SecureID Nigeria Limited, a digital solution provider, to provide a new Biometric Identification Card as a mean of driving financial inclusion in Nigeria.

UBA partners Ixaris over virtual card payments

The e-commerce market in Africa is predicted to reach $75 billion by 2025[1]. However, many consumers and businesses across the continent currently lack a secure, convenient and low-cost means to make purchases online.

Africa - A Unique Continent by Arun Sarwal, CEO, DST Global Solutions

Arun Sarwal speaks to Africa Asset Management magazine about the key trends DST is seeing in Africa, and considers how African investment firms can prosper in this article: A Unique Continent.

Standard Bank to engage in direct participation

STANBIC Bank Zimbabwe’s parent company, Standard Bank, has implemented a five-pronged technological interface to equip itself to manage and reduce clients’ risk in the ever-fluctuating foreign exchange market.

Kenya committed to global digital agenda - Official

Speaking during the 2014 ITU Plenipotentiary Conference in Busan, South Korea, Matiangi said Kenya would work closely with fellow member states to advance digital agenda during “this epoch of rapid evolution of telecommunication technologies and ser

Stanbic upgrades systems for new banking experience

It will bring about a reduction in the time for processing of documents, create a single view of the customer and eliminate duplication of data, all to the benefit of the client.

Standard Bank to use Watson technology for South Africa’s banking sector

The ultimate beneficiaries of the project will be our customers for whom the process-known as cognitive computing will undoubtedly bring many benefits as we continue to identify innovative ways of doing business and build a bank for the future.”

IRESS sets benchmark with new version of XPLAN

IRESS has recently made available to customers the latest version of its flagship wealth management solution, XPLAN

IBM’s Watson technology moving into banking

The agreement, which will see Standard Bank South Africa partnering with IBM in assessing the product, was signed in Johannesburg

Three years on, FNB’s banking app hits the million device mark

A slew of innovations, along with a few potholes (geo-payments anyone?) in the intervening three years have catapulted it to a million device installs.

Stanbic IBTC Pension Managers expands customer reach by email

The campaign, he said, would run on major media platforms in order to ensure the message reaches the entire spectrum of the PFA’s clientele. He said that the accompanying customer bio-data update, which is the first in the series the PFA is embarkin

Standard Bank's Five-Pronged Technological Interface Reduces Clients’ Foreign Exchange Risk

Standard Bank has implemented a five-pronged technological interface to equip itself to manage and reduce clients’ risk in the ever-fluctuating foreign exchange market.

Equity Bank readies itself to challenge the M-Pesa’s monopoly mobile banking

Equity Bank has rolled up its sleeves to wrestle the control of Kenya’s mobile banking business from the giant telecom service provider Safaricom Limited.

Standard Bank Selects Eagle as Enterprise Technology Platform

The technology solutions will be hosted on Eagle ACCESSSM, Eagle's secure private cloud.

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