The latest technology news in the wealth management sector from around the world.

Wealth Dynamix
Wealth Dynamix, the client lifecycle management solutions provider, is now a business applications ISV Connect Partner with software giant Microsoft. The partnership will boost WDX’s capabilities in serving the global private banking and wealth markets, Wealth Dynamix said.

The partnership allows Wealth Dynamix to offer a purpose-built solution for the wealth management industry, and it unlocks exclusive technical, marketing and sales enablement resources for Wealth Dynamix globally. It can develop and promote client lifecycle solutions built on the Microsoft Dynamics 365 platform which can be enhanced by other Microsoft technologies such as Teams, LinkedIn and Azure AI services including Azure Machine Learning, Wealth Dynamix said in a statement today.

"The wealth management industry is witnessing the biggest generational transfer of wealth in history and a new wave of tech-savvy investors who expect a superb user experience. This is putting increasing pressure on wealth managers to find new clients, managing existing ones and meet compliance requirements more effectively," Wealth Dynamix CEO, Gary Linieres said in a statement. 

"Combine the power of Microsoft technology with the specific market expertise of Wealth Dynamix, and you have the perfect solution to address the regulatory and digital challenges of today's wealth management industry,” he continued. 

"With this latest step in our journey we will continue to leverage Microsoft's vast investment into areas like security, regulatory compliance, cloud and AI, which in turn, will cement our technical leadership and unlock a range of benefits to support GTM strategies in our target regions."