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

Temenos, Itaú Unibanco
Banco Itaú (Suisse) SA and Banco Itaú International, part of Latin America’s Itaú Unibanco, have extended their relationship with banking technology firm Temenos, deploying Temenos Infinity Wealth and Temenos Transact on Temenos software-as-a-service.

Temenos SaaS will power Itaú’s private banking operations in Switzerland and the US. 

“The shift to a single SaaS digital banking platform will drastically reduce the bank’s time-to-market, IT costs and operational complexity and achieve an improved cost/income ratio,” Geneva-based Temenos said.