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Digital Digest: The Latest Tech News - InvestCloud
Editorial Staff
13 June 2018
InvestCloud
has been popular for several years, and hence more common as a channel. In the US, fund managers have been traditionally concerned about channel conflict. But the success of Vanguard with significant inflows is changing the landscape and the approach of other US fund managers,” John Wise, chairman and chief executive of InvestCloud, said.
"Institutional asset management is an important and growing segment for InvestCloud. The writing is on the wall: asset managers are trending toward multi-channel financial distribution that includes D2C solutions,” he said.
InvestCloud’s platform supports more than 1.7 trillion of assets for clients ranging from family offices, banks, institutional asset managers and service companies.