Technology

Digital Digest: The Latest Tech News – Rathbones, Objectway

Editorial Staff 1 March 2022

Digital Digest: The Latest Tech News – Rathbones, Objectway

The latest digital and technology innovations, product and service developments in the world's wealth management sector.

Rathbone Brothers, Objectway
Rathbone Brothers, the UK-listed discretionary wealth manager, has employed European tech firm Objectway as a strategic partner, announced on the same day that Rathbones announced a deal with InvestCloud.

Objectway has been partnering with Rathbones to help it build and implement a digital portal and “MyRathbones” app. The app is available via desktop, tablet and smartphone.

Implemented in 2020 and enhanced further throughout 2021, MyRathbones has been adopted by about 43 per cent of Rathbones' clients who access the service more than six times per month on average and download tens of thousands of investment reports quarterly, Objectway said in a statement. 

Last year, Rathbones implemented a major upgrade of its custody and settlement system with assistance from Objectway.

The wealth manager oversees £68.2 billion ($91.3 billion) of assets (as at 31 December 2021). 

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