Lorenzo de’ Medici founded the bank alongside Ed Boyle, who was previously managing director of Americas at Fidor Bank and vice president and general manager of American Express’ prepaid card business before that.
The launch of this new service will initially be aimed exclusively at institutional investors, who will invest through Fidelity’s new digital asset trading service, aptly dubbed Fidelity Digital Assets
It may sound over-simplistic, perhaps even trite, but investment managers must be clear about why they want to automate and have defined the outcomes they are seeking.
The firm currently services more than $10 trillion in assets for corporations, institutional investors, and high net worth customers.
Marsh said the initial roll out will include a self-service digital app for a select group of clients, that will be able to easily search, view, issue, and re-issue their certificates of insurance on-demand 24 hours a day.