Investmaster Group, owned by Canadian investment management company AGF Management, has been acquired by Burns e-Commerce Solutions. The acquisition comes at a time when the wealth management market is experiencing a continued period of buoyancy and growth. Burns sees potential for Investmaster and a synergy to utilise its own products and services to provide a broader wealth service proposition, and deliver significant growth to the business. Peter Little, chief executive of Burns, takes the same position at Investmaster and John Dallas, joint founder of consultancy firm CSTIM and Non-Executive Partner of Morse, joins the company as chairman. Burns plan to enhance Investmaster’s InVantage product set with the introduction of its process automation technologies and software as a service (SaaS) delivery techniques. The intention is to broaden Investmaster’s proposition with this technology. At the same time, regulation continues to drive significant change across the industry with MiFID coming into force in November. Burns technologies have been developed and adapted for the regulatory environment, and support Investmaster’s compliance functionality for data exchange and integrity.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.