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

Vistra
Vistra, which serves fund, corporate, capital market and private wealth clients, has launched an AI compliance advisor, “Geni.”

Geni is embedded in Vistra’s new Global Expansion Platform, a specialist and expert global compliance and expansion platform.

Built by in-house technology experts, Geni and the GEP draw on Vistra’s expertise in solving the “pain points” that organisations face when managing and expanding their businesses globally, Vistra said in a statement this week.

The GEP enables clients to incorporate an entity and open a business account in various jurisdictions, onboard and manage their entire entity portfolio across more than 300 jurisdictions. 

“Geni and the Global Expansion Platform are the future of confident, compliant, cross-border trade and mark a major step in Vistra fulfilling its vision of making operating anywhere in the world feel borderless and frictionless. The complexity of global expansion and operations is not going away and so it is increasingly important to provide clients with both the service and software components that solve these issues, creating a client experience that is both unique, seamless and interconnected," Simon Webster (pictured), CEO of Vistra Group, said.