WBI and Pacer ETFs | November 21, 2022
WBI, an invest-tech and fintech company, and Pacer a 9-time award winning exchange traded fund provider, today announced a strategic partnership to transform how financial advisors interact with clients to personalize and implement model portfolios.
WBI is a 2-time award winning fintech platform offering investment technology that optimizes multi-manager portfolios that target loss or return. With inputs from the client and assistance from a financial advisor, the platform’s interactive toolkit establishes client benchmarks for loss and return. The imbedded invest-tech then optimizes a portfolio to meet the client’s targets. Financial advisors can instantly customize the portfolio(s) to position the client for success.
Pacer is a 9-time award winning exchange traded fund provider that has been recognized for its client-focused philosophy. One of the industry’s leading firms in strategy-driven, rules-based ETFs, Pacer continues to seek innovative and timely ways to serve investor needs and adapt to market conditions.
“WBI is excited to work with Pacer. Their rules-based ETF offerings seek to produce strong risk-adjusted returns which are favored by the platform’s optimization engine, This partnership allows both parties to build on the momentum around our innovative products and shared mission to help improve investor outcomes.”
-Matt Schreiber, Co-CEO at WBI
One of America’s leading investment technology firms, WBI invest-tech features a multi-manager machine optimization engine that builds portfolios that aim to target a specific level of loss while attempting to maximize return. The firm’s proprietary Capital Power RatioTM seeks to unleash capital compounding.
Similarly, Pacer’s Cash Cow Series aims to generate capital appreciation by investing in companies with high-free-cash-flow yield that are trading at a discount. The firm has grown their AUM by $10.3 billion in the last 14 months.
Bruce Kavanaugh, Head of Investments at Pacer Advisors, was just as excited about the newly formed partnership, commenting, This now allows Pacer to introduce cutting edge model solutions to advisors through an award winning technology leader.
Besides promoting the targeted loss portfolios of WBI’s technology platform, WBI and Pacer will look for other opportunities to partner on model construction.
Founded in 1984, WBI is a trailblazer of technology-driven, goals-based wealth management solutions. The firm is a pioneer of active cash-hedged separately managed account and ETF strategies. WBI’s award-winning digital wealth management platform combines financial planning concepts and distinguished innovations to portfolio optimization and construction. WBI is a leader in providing client solutions tailored to their personal benchmarks for loss and return.
About Pacer ETFs
Pacer ETFs is a strategy-driven exchange-traded fund provider with 45 ETFs and over $18.5 billion in assets under management, as of 11/14/22. Pacer ETFs is focused on addressing investors’ needs through its six fund families, the Pacer Trendpilot® Series, Pacer Cash Cows Index® Series, Pacer Custom ETF Series, Pacer Thematic ETF Series, Pacer Factor ETF Series and Pacer Swan SOS ETF Series. Pacer ETFs employs a rules-based, passive management approach to track S&P, NASDAQ, FTSE Russell, and Custom Indexes.
FINANCIAL MANAGEMENT, WEALTH MANAGEMENT
Quantifeed | November 25, 2022
QUANTIFEED, the leading provider of digital wealth management solutions, announces that it has acquired ALPIMA, a London-based portfolio construction, visualisation, and analytics fintech company.
"We are very excited about bringing together two hugely talented teams of financial engineers to create a world-class technology platform, This transaction accelerates our mission to increase the productivity of investment professionals and to create better investment outcomes for their clients."
-Alex Ypsilanti, Co-Founder and CEO of Quantifeed
The automation of portfolio management is a key priority for many organisations in the wealth and investment management industries. The combined platform will provide unparalleled capability across the full portfolio management spectrum – including construction, personalisation, visualisation, risk analytics, order management and trading, and monitoring and reporting. The platform's modular nature allows clients to assemble solutions that are optimised for their business. Quantifeed will be in a unique position to service clients across EMEA, Asia, and the Americas as they look to grow their business more efficiently and create smarter solutions for their clients.
This is a significant milestone for us, we are delighted to join the Quantifeed family and combine our leading technology to create a global platform, Quantifeed shares our passion for designing and building technology solutions that solve client problems and help them deliver a personalised client experience at scale. I am thrilled for the opportunity to make ALPIMA's solutions available to a global client base,said Rafael Febres-Cordero, Executive Chair of ALPIMA.
As part of the transaction, Fidelity International Strategic Ventures (FISV), a strategic investor in fintech businesses, joins Quantifeed as a shareholder. "We are delighted to complete the transaction and welcome Quantifeed to the FISV portfolio, The acquisition marks the culmination of a tremendous amount of work from the teams at ALPIMA and Quantifeed, who share a similar culture, ethos, and vision. We're excited to work with the team as they build a global leader in modern, scalable, digital wealth management,said Michael Sim, Principal at FISV.
In May 2022, Quantifeed announced its Series C funding round that was led by HSBC Asset Management and joined by LUN Partners Group, Franklin Templeton, and Daiwa PI Partners.
FINANCIAL MANAGEMENT, FINTECH
Quant and UST | November 23, 2022
Quant, the blockchain for finance pioneer, has partnered with UST, a leading digital transformation solutions company, to provide technical integration and tokenisation services to central and commercial banks and capital markets participants.
These services will help financial institutions adopt digital assets, as they increasingly realise the benefits of distributed ledger technologies by issuing digital money and tokenising existing asset classes for greater settlement speed and access to new markets and clients
Quant will provide the foundational technology, and UST will provide support through user interface design and integration via its Sandbox based in their London Innovation Lab. The partnership facilitates the issuance of central bank digital currencies, digital money in the form of commercial stablecoins, and digital securities onto major distributed ledger networks. By working with the two firms, financial institutions can shorten the lifecycle of their blockchain projects to just a few weeks.
Quant utilises low-code APIs to issue highly secure and externally validated digital assets and tokenised currencies. Its Overledger gateway enables business flows used by banks for accounts, payments and settlement, and can plug into exchanges and venues for asset management.
The global tokenisation market was valued at $2 billion in 2021; compounding growth of 24 percent is expected over the next eight years, according to Grand View Research. Additionally, CBDC pilots are now taking place worldwide, which will unlock new capabilities for governments, businesses, and consumers. Today, more than 50 countries are in an advanced phase of exploration for CBDCs, and 19 of the G20 countries are considering a digital currency.
Gilbert Verdian, Founder and CEO of Quant, said UST has been at the forefront of blockchain services for almost a decade and their customer focus is aligned with our approach. The partnership will ensure that financial institutions can create new business opportunities and innovate with new DLT-embedded products and services to tokenise existing asset classes.
"We have partnered with Quant because of the flexibility and agility inherent in its technology. Built with financial institutions in mind, Quant's Overledger API gateway is the perfect foundation to bring the benefits of blockchain to a multitude of businesses in this sector."
-Daniel Field, Global Head of Blockchain, UST
Quant is the future of finance. Today. We unlock the power of blockchain for everyone, by delivering interoperable ecosystems and real-world solutions that simply work so our customers create new business opportunities and build competitive advantage in record time. We work with financial institutions, governments, multinational companies, and the partners and fintech developers who support them, to deliver enterprise-grade technology built with security and compliance front of mind. Founded in 2018, Quant is UK-based with a presence in the European Union and the Americas. We spearheaded the Blockchain ISO Standard TC307 adopted by 57 countries and organisations worldwide and solved interoperability with the creation of the world's first blockchain-agnostic API gateway, Overledger. Our leadership team has deep experience in government, financial services, technology, healthcare, and management consulting. Our partners include Amazon Web Services and Oracle, and we're a founding member of the Digital Pound Foundation.
For more than 22 years, UST has worked side by side with the world's best companies to make a real impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Through our nimble approach, we identify their core challenges, and craft disruptive solutions that bring their vision to life. With deep domain expertise and a future-proof philosophy, we embed innovation and agility into our clients' organizations—delivering measurable value and lasting change across industries, and around the world. Together, with over 30,000 employees in 30+ countries, we build for boundless impact—touching billions of lives in the process.