Fidelity International, HSBC Securities Services and Altana Wealth are among the financial institutions that have joined a design council set up monthly by UK fintech Finbourne to develop its cloud-based investment platform, Lusid. The money managers will help refine the features of the platform so it can be used to replace in-house software and hardware, according to a statement from Finbourne. The fintech is hoping its technology can reduce operating costs for asset managers while improving the quality of information they use.
Fidelity International, HSBC Securities Services and Altana Wealth are among the financial institutions that have joined a design council set up earlier this month by UK fintech Finbourne to develop its cloud-based investment platform, Lusid. The money managers will help refine the features of the platform so it can be used to replace in-house software and hardware, according to a statement from Finbourne. The fintech is hoping its technology can reduce operating costs for asset managers while improving the quality of information they use.