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Sustainable investing continued its market momentum throughout 2020 with significant growth in assets globally, increased public scrutiny and the introduction of regulatory requirements. As asset managers are moving fast, attention is now turning towards the wealth management community.

In the first part of our series, we reviewed the factors that brought SDR regulations to life and presented its key points. In this article, we look at how the necessary implementation takes place in Hungary, what role the European Securities and Markets Authority plays in this process, and what kind of IT challenges arise when implementing the regulations.

Last year, for the first time in our history, the whole world was confronted with the reality of a pandemic and its social, economic consequences that affect everyday life. Countries and citizens are still occupied with fighting the epidemic and maintaining their own economic stability. In the EU capital markets had no time to relax after the first wave of the crisis…

New reports suggest that Millennial spending and investing during the COVID-19 pandemic is vastly different than the way Millennials managed their money in 2019. Major online brokers have seen growth in accounts spike when stocks experienced the fastest bear market and the worst first quarter in history. But some younger consumers have embraced the economic downturn as an opportunity to buy stocks, most notably, technology stocks. And more importantly, most of these investments were done by robo-advisors.

In this last part of our ESG article series, we focus on the European Union’s response to the problems raised in the previous episodes of the series, the SFDR Regulation.

In our last blog post, we took a look at the details of the rankings behind ESG investments. In that post, a number of questions have emerged that we feel require further discussion. Out of those, let us explore in more detail the transparency of responsible investments and their potential for abuse. 

ESG (Environmental, Social, Governance) investments (or sustainable investments, as they’re usually called) are becoming more and more popular, and so is their impact on the value of global investments…

Securities did not always exist in a dematerialised, intangible ‘account money’ form. Initially, when establishing their jointstock companies, issuers had to print out the subscribed capital, which was embodied in shares at the time of issue, so ‘materialised’ forms actually existed.

In all respects, the year 2020 forced an unpredictable, almost impossible scenario on the capital market. The epidemic has shattered not only our health and our economy, but also our society

In our new blog article we examine how did the legal requirements shape the business and what was the response of IT after the turn of the millennium.

We want to highlight some of the most relevant features of the recommendation engines and show how can it be relevant in our field, in the investment market.

Dorsum recently had the chance to participate in the first global Fintech conference which was held online in a 0-24-hour format and was organized by Singex from Singapore. Dorsum was a co-exhibitor in the Hungarian pavilion together with Festipay, Cellum and Grape. We thank the Embassy of Hungary in Singapore for the opportunity to be among the few companies representing Hungary.

The securities market of every country is the pulse of the national economy. This market in itself is self-learning and self-operated in a way that almost resembles AI, but also heavily regulated. Economic experts recognised in time that the prosperity of well-functioning developed countries depends not only on the maintenance of budget deficits, foreign trade balances and the monetary policy of the central bank, but also on a well-functioning tax and pension system where self-care is paramount.

Going Live with our Software-as-a-Service solution

Overcoming unexpected obstacles in developing our Software-as-a-Service solution

Developing our Software-as-a-Service solution in collaboration with our customers

Laying the foundations for a Software-as-a-service product

Not many had thought that the fourth industrial revolution that would bring digital transformation to all industries from agriculture to banking would be unleashed by a virus that you can barely make out under an electron microscope.

As consumers, we all know that we shouldn’t throw our money at vague promises and too-good-to-be-true marketing slogans. We all try to think ahead and be smart with our purchasing decisions. We watch trailers before we see movies or rent movies before we buy them.

As we promised, this time we will look at the most innovative Fintech companies and providers. It is hard to measure innovation, but as an indicator we will use the Forbes Fintech 50 research and we will focus on the top 10 companies by funding.

In this edition of our blog, we decided to provide an overview about the Fintech market in general, to see where we are and what are the main trends for the rest of the year.

After reviewing what features of financial apps can result in successful new customer acquisition and how existing customer reviews affects potential client sign-ups, we decided to go deeper and thoroughly check and review the current market of trading apps and see what the best players can offer to win over and keep the majority of customers.

Welcome back to our in-depth look at educational content in the finance sector. As more and more companies realize that educated investors are more confident with their money and invest more, many are capitalizing on providing detailed, accurate information to their would-be clients.

Knowledge is power. Though it might be a cliché we heard in a hundred movies, or read in a thousand books, it is nonetheless an ever-present truth in every aspect of our lives.

“A smart man learns from his mistakes. A wise man learns from the mistakes of others.” …or their App Store reviews.

Customers are more open to digital and remote solutions than ever before, but many incumbent financial institutions are struggling to cater to their needs. We have outlined this disparity in our previous posts, and offered in-depth solutions for wealth managers to enter the remote service world in our latest white paper. So, we decided to examine the problem from a different point of view: that of a new customer, who wants to enter the market, but doesn’t know where to start. Domestic providers in Hungary on average do a poor job of facilitating new clients, as the account opening process is obscure, hard to find and convoluted.

We – Dorsum – as an investment software provider have been working in the wealth management sector for 25 years now. Our colleagues are in contact with more than 80 financial businesses every single day. Throughout the years and during the many projects with the most prominent banks and financial providers in the field, we noticed a shift in the management of these projects: more and more, our contracting partners relied on us not just to deliver what they ordered technologically, but to participate in the projects’ business specification phase as well.

“Digitalization” has been the most frequently used buzzword in every industry for the past two decades, applied to every service, product, workflow or process, without exception. It has often led to unexpected, enormous leaps in the way society works, the way people perceive the world, and in turn, how businesses operate, changing well-established traditions and […]

It’s no secret that the digital revolution has affected all aspects of the financial sector. But the level of usability and the focus on customer-centric approach greatly differs depending on which digital channel we look at. For example, Netbanking solutions today are mostly easy to use, simple and approachable even by those who never transferred any money between bank accounts before.

The need for remote service opportunities has been on the rise for years now for clients getting used to digital communication channels and digital store-fronts, but traditional financial institutions, – despite spending billions on pilot projects – have been slow to develop user friendly digital solutions to substitute in-person client meetings, contract signatures or hour-long […]

There is no doubt that big tech companies (such as Facebook, Google, Amazon, Alibaba etc.) are progressively expanding into new markets. The tactics are different – takeover or setting up their own subsidiaries in different business lines – but the result is the same: increasing their market share, by providing more and more services. The financial sector is no exception. In this article we will briefly examine the current situation and the expected future of Big […]

A personal account of Dorsum’s third victory at the most prestigious fintech conference in Europe. Time flies fast. Another Spring, another Fall, another Christmas, another New Year, …and another FinovateEurope. It’s been exactly one year since Dorsum won the Best of Show award in London, for its My Wealth application, down by the East Side […]

A growing trend on the world’s capital markets is to bring cryptocurrencies in line with traditional finance, as there is an increased involvement in the industry from traditional market participants and growing awareness that cryptocurrencies are a part of the global financial system. The need for regulatory changes Comprehensive regulation of the crypto sector is […]

Well, it’s that time of year again… the start of it! And Dorsum is ready to conquer the wealth management fintech market with new products and maximum energy. Our first target is the most prestigious fintech conference of our region, Finovate Europe 2020. This time, the event will be held in Berlin, between the 11th […]

Environmental, Social and Governance (ESG) investing is increasingly becoming a phenomenon on the world’s capital markets. ESG is a demand-driven aspect of investing, as today’s investors, especially the younger generations (partly gen. Y, the millennials, and younger), are not only concerned with the return and risk of their investments, but also the impact they are […]

Environmental, Social and Governance (ESG) investing is increasingly becoming a phenomenon on the world’s capital markets. ESG is a demand-driven aspect of investing, as today’s investors, especially the younger generations (partly gen. Y, the millennials, and younger), are not only concerned with the return and risk of their investments, but also the impact they are […]

Environmental, Social and Governance (ESG) investing is increasingly becoming a phenomenon on the world’s capital markets. ESG is a demand-driven aspect of investing, as today’s investors, especially the younger generations (partly gen. Y, the millennials, and younger), are not only concerned with the return and risk of their investments, but also the impact they are […]

At Dorsum we believe that traditional investment and wealth management providers have a strong future in this industry, and our philosophy is to help and support them in maintaining a leading role in this technology-driven world, where challenger banks, FinTech and BigTech companies are threatening their steady positions on the market. In line with these […]

Avaloq concluded its global series of community conferences for 2019 which were held in Zurich, Singapore, London and Frankfurt. A series of events that is dedicated to the banking era and is aimed at the Avaloq community, partners, decision makers and clients from top financial institutions.  Avaloq is one of the biggest wealth management software […]

See the experts of Dorsum in person and check out our guide to the most important fintech events of the season! Holland FinTech Meetup Date: 11 October, 2019 Place: Marnixstraat 317, Amsterdam Dorsum’s topic and presenter: Dorsum wealth management ecosystem of products; Ákos Szalay The meetups bring together a broad group of actors from the […]

See the experts of Dorsum in person and check out our guide to the most important fintech events of the season! Summer is over, and the conference season is about to shift into high gear. The best way to stay up to date on the latest trends and developments in the fintech field (and the […]

The importance of digitalization and automated solutions in wealth management is self-evident for all providers – but there is still a wide gap between what clients expect and receive. While 69% of HNWIs are using online or mobile banking, only 25% of wealth management firms offer digital channels for their clients beyond email or phone. […]

Hype around the SaaS operating model has been intensifying spectacularly in the last 15 years. The then revolutionary approach, first taken on a global scale by Salesforce[1], has grown at double digit rates between 2015 and 2019[2]. The referenced whitepaper from Cisco further states that by 2020, 74% of application workloads will be SaaS-based. It […]

Have you checked on your sales quotas lately? Are you on track to meet your goals by the end of the year? If so, congratulations! If not, well… read on and see if we can help you out. By now the benefits of launching a simple chatbot pilot program are well known but let me […]

At Dorsum, future-oriented thinking has always been a key principle. With our bi-annual white papers, we are constantly working on monitoring current and potential future trends in terms of digitalization of the investment and wealth management domain and providing an overview on which way this market is headed. We believe our client should be effortlessly […]

Once again Dorsum attended the Money2020 event for a discussion about the future of the financial and wealth management industry.

+1 Who doesn’t enjoy a good game? Games are no laughing matter when it comes to money (investments and savings), in fact, they are serious business. Banks believe that games or more precisely, gamification (that is, the use of engaging gaming mechanisms to modify the behavior of individuals) will lead to improved investor loyalty and […]

Wealth Managers often strugle how to use chatbots, our blog article summarizes the most important tips on how to and why implement a chatbot.

Back in 2006, Time magazine named “You” as its Person of the Year, in recognition of the rise in user-generated content created by individuals, ultimately changing the commercial world.[1] But how are individuals treated? Did the supremacy of the individual gather momentum? By definition, personalization involves tailoring products or services to accommodate specific individuals or […]

Dorsum summarizes our way to the Finovate Europe 2019 event and how we won the Best of Show award with our My Wealth solution.

At the Finovate Europe event Dorsum will hold a demo show about its My Wealth solution and its most important feature the Easy Invest function.

The advanced technologies in investment services caused particular attention in the field of investor protection. Read the Dorsum blog and see how.

Dorsum participated at the biggest FinTech event in Europe, the Money20/20 conference in Amsterdam to officially launch our newest product, My Wealth.

GDPR means stricter procedures and more frequent communication with persons whose data they use for doing business . It all sounds like additional projects and money and effort spent but are there any benefits for those institutions affected by GDPR and can this regulation be treated as opportunity?

The constantly superb digital customer experience becomes more and more important in this fast changing environment. Wealth Managers have to pay attention to provide a digital experience in every stage of the customers’ journey.

On January 3rd MiFID II has entered into force and as one of the novelties, the explicit ex-ante disclosure of all costs & charges in connection with a transaction is from now on a must.

The blog will offer a platform for professional conversation about topics such as robo-advisory, MIFID 2 regulation, disruptive technologies, machine learning, hybrid advisory, trends relating the mass affluent segment and the latest innovations of the FinTech world.