AI Issue 4 2018 - Spanish VAT Services

Acquisition International - Issue 4 2018 5 Global provider of enterprise solutions in WealthTech, InsurTech and RegTech, Finantix is proud to announce its acquisition of smartfolios, the creators of quant-enabled investment tools that support all the key stages of the digital advisory value chain. With this acquisition, Finantix is set to combine its enterprise-grade technology and its recently launched AI offering with smartfolios quantitative analysis solutions to deliver a peerless digital wealth management platform with a unique breadth of features and real-time thematic-style analytics. Finantix provides end-to-end digital wealth advisory services and hybrid robo-advisory solutions to wealth managers, top tier private banks and insurers in more than 40 markets. Together, Finantix and smartfolios will harness the power of quantitative analysis to provide an engine that covers the full range of investment processes including: strategy building, house view distribution, robo-personalised portfolios, advanced analytics and continuous portfolio fine tuning. The technology will support an extensive product taxonomy and provide real-time thematic-style analysis. Ralf Emmerich, Co-founder and Director of Finantix, said: “We are delighted to have smartfolios join the group. The addition of smartfolios will add a critical quantitative analysis element to our well- established digital wealth offering. This acquisition will extend our coverage and support for key actors like CIOs and Investment Strategists and provide a solid foundation for strategic robo-advisory initiatives that don’t follow a low-end formula.” For Finantix’ clients this acquisition means that they will be able to further tailor their customers’ experience and services and proactively anticipate their needs. In addition, they will be able to understand what’s happening in their book of business across multiple views including: performance, regulatory compliance, house view adherence, customer behaviour, key opportunities and events detection, next best action generation and proposal building, advice reasoning and research personalisation. Julien Le Noble, Co-founder and CEO of smartfolios, added: “By coming under the Finantix brand, and leveraging Finantix’ API-driven enterprise-grade architecture, we can fully realise our vision to build the market-leading quantitative investment advisory, insight and portfolio management platform.” Finantix, global provider of enterprise solutions in WealthTech, InsurTech and RegTech, is proud to announce its acquisition of smartfolios, the creators of quant- enabled investment tools that support all the key stages of the digital advisory value chain. On the 2nd April 2018, financial holding company, bank holding company and intermediate holding company, Mitsubishi UFJ Financial Group, Inc. (MUFG) announced that Roger Blissett, has joined the company as Head of the newly created Government Affairs Office in the Americas Legal Department. Blissett, a banking executive with extensive experience maintaining strong and effective lines of communication with policy makers and regulators, reports to General Counsel Michael Coyne and is based in New York. In his role, Blissett will oversee the firm’s relationships with executive and legislative branches of federal, state, and local governments in the United States and will coordinate such efforts throughout the Americas. Among his responsibilities, Blissett will lead the analysis of the potential impact on MUFG of proposed legislative and executive actions and will play a critical role in establishing corporate strategies and policies that align with government laws, regulations, and standards. Additionally, Blissett will manage the Legal Department’s role in the oversight of the MUFG’s Political Action Committee. Blissett’s role will expand in the coming years as the bank develops new initiatives in support of its growth strategy. “Roger brings an extensive track record of successfully leading high-performance teams, surpassing thresholds and streamlining operations,” said Coyne. “His expertise, leadership skills and ability to forge dynamic relationships will be instrumental as we implement strategic programs and accelerate our pace of transformation.” Prior to joining MUFG, Blissett held several legal and business positions over a twenty year period at Royal Bank of Canada in New York, including Branch Manager and Managing Director, U.S. Strategy. Before joining RBC, he served as Vice President, Legal Execution, Commercial Paper/ Medium-Term Note at Lehman Brothers. Prior to Lehman Brothers, Blissett was a Corporate Associate at Simpson Thacher & Bartlett. Blissett is an active member of the community where he currently serves as a Board member at Vera Institute of Justice, a non-profit that works with local, state and national government to build and improve justice systems that ensure fairness, promote safety and strengthen communities. He also serves as Co-Chair on the Board of Trustees for ExpandED Schools, a non-profit organisation dedicated to closing the learning gap by increasing access to enriched education experiences, and is an Advisory Board Member for the NYC Young Men’s Initiative, a cross- agency enterprise in New York City committed to addressing disparities faced by Black and Latino young men in New York City across the areas of education, employment, health and justice. Roger Blissett Joins MUFG as Head of Government Affairs Office NEWS / From Around The World