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

FE fundinfo
FE fundinfo, which provides fund data, research and technology for the wealth management and advice sector, says it is accelerating investment in Nexus for Financial Advisers, its AI-powered workflow platform. The firm is adding more than 25 capabilities by the end of this year.

The platform is designed to improve connections between the systems advisors use for meetings, cashflow planning, investment research, suitability and compliance. Instead of manually keying in data, there is a single workspace built on FE fundinfo's financial data, it said. 

The rollout is an example of how firms are using technology to strip out manual tasks and free up advisors’ time so that they can serve clients and find new ones. 

Citing its own 2026 Financial Adviser Survey, FE fundinfo said 95 per cent of advisors say they use too many software applications, and half spend four to six hours a week reconciling data between systems, equivalent to close to five working weeks a year lost to administration rather than client work. The survey also found that advisors using AI save more than five hours a week, over 250 hours a year, with slightly more than half (51 per cent) of AI-using firms reporting efficiency gains through automation.

FE fundinfo said Nexus Assistant is live for more than 1,000 advisors. 

New capabilities due this autumn include AI-powered fund research and cashflow modelling, integrations with the most commonly used back-office systems so that client data moves into Nexus without re-keying, and a consolidated client profile accessible without switching platforms.