MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

SCHWAB TAKES CHECKFREE FOR MANAGED ACCOUNT SELECT

Schwab Consulting Services, a subsidiary of Charles Schwab & Co., has chosen Checkfree Investment Services'APL Wrap to streamline trading, straight through processing and portfolio reporting requirements of Schwab's new managed account service for independent, fee-based investment advisers. The new service, Managed Account Select, offers advisers access to approximately 50 money managers representing over 12 investment styles. Checkfree APL Wrap

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As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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