Staying Ahead of the Curve, Even During a Stormy Quarter | BetaNXT

BetaNXT continues to build and expand infrastructure for Connected Wealth — introducing a foundation for our WaaS offering

Between an especially busy conference season and market volatility driven by White House tariff announcements, Q2 of 2025 has not exactly been low-key for the financial services and wealth management sectors. These market conditions only heighten our commitment to provide solutions that enable financial institutions to maintain, and improve, the operations and infrastructure required to process higher trading volumes. At the same time, we are expanding our efforts to unlock and enhance the power of data and build upon our Connected Wealth infrastructure to benefit clients and their customers.

One of the highlights this past quarter was this year’s @SIFMA Ops conference, where our team had the opportunity to confer with many colleagues, clients and partners across the industry.

The current market landscape was the topic of my panel discussion with Tim Gokey of Broadridge and Frank La Salla of DTCC, hosted by Ken Bentsen of SIFMA. We spoke extensively about the industry's efforts to navigate market volatility, leverage modernization and innovation and ensure resilience in a rapidly changing environment.

Several of the additional themes and takeaways from these conversations and panel discussions include:

• Technology, regulation and expectations are revolutionizing investor and advisor communications. In an informative discussion, our experts Chris Nobles, Laura Franconi and Ernest Carducci addressed the importance of personalization, micro-segmentation and the need for dynamic, real-time and multi-channel communication strategies in an informative panel discussion.
• Data modernization across the industry continues apace, with many firms eager to digitize and automate the exchange and management of data. Our mainstage panel, moderated by Chief Product Officer Jonathan Reeve, provided critical insights from clients and industry partners on the challenges and opportunities they face as part of their own modernization efforts. To accompany that discussion, this past quarter we launched the inaugural BetaNXT Data Modernization Benchmarking Survey, conducted in partnership with Wealth Management IQ. Our research revealed an industry-wide movement to modernize in the face of competing priorities, highlighting the importance of innovation, talent, culture and strategic partnerships.
• The markets continue to adapt to the transition to T+1 settlement, and the possibility of T+0 settlement is only accelerating this transformation. Just as the industry was able to stay ahead of T+1, participants are now preparing for T+0. We are thinking about how T+0 will affect our operations—planning, testing and innovating accordingly to stay ahead of the curve.
• Portfolios continue to be diversified with digital assets and exchange-traded funds (ETFs). With interest in digital assets rising, there are more opportunities for embedding AML and KYC processes into blockchain to streamline operations during extended trading hours.
• Market regulations continue to evolve, and Treasury Department clearing deadlines are coming up in December 2026 (for cash Treasuries) and June 2027 (for repo markets). All of this will require collaboration across all business lines, driven by data management technology solutions.

Growing Our Ecosystem’s Capabilities

During Q2, we continued to find more ways to harness the power of data and create a frictionless, end-to-end wealth management experience to empower Connected Wealth. We increased our product offerings and capabilities by acquiring Delta Data.

Through this acquisition, we enable clients to streamline and support mutual fund transaction processing—and the data management that goes with it. Wealth managers relying on BetaNXT can now access trade management, mutual fund sub-accounting and revenue management capabilities, while asset managers will benefit from transfer agent functionality, fee management and compliance tools.

And of course, to maximize impact, Delta Data’s solutions will be integrated with our innovative DataXChange data management ecosystem.

This acquisition highlights our strategy of identifying processing and data management gaps in the industry and leveraging partnerships and acquisitions to integrate solutions into our real-time, integrated ecosystem.

Entering the Era of WaaS

A growing industry trend is Wealth as a Service, or “WaaS.” This innovative model uses technology and platform-based delivery to offer personalized, scalable and easily accessible wealth management solutions.

From its founding, BetaNXT has been about building a connected, data-driven future where transformative technology drives success. When I joined BetaNXT a year ago, we were already well on our way to supporting WaaS via Connected Wealth.

We develop integrated applications that “speak” to one another about all aspects of a client’s wealth through the efficient exchange of real-time data. We partner with other firms to expand our offerings to meet clients’ needs. We also provide the personnel and technology to help clients realize cost savings, identify new revenue opportunities and increase scale and control.

Our Connected Wealth approach is the building block for the industry’s shift to WaaS. We intend to continue to be a leading force in the industry, delivering seamless experiences across ecosystems and personalized advice at scale.

What’s Next

In the second half of 2025, the demand for real-time processing and data management solutions offering scalability and stability will only increase, and we are answering the call.

• Our new partnership with Provable Markets now provides clients with direct connectivity to a securities lending platform with end-to-end, straight-through processing, in which the NSCC acts as the central counterparty.
• Financial institutions and wealth enterprises are seeking solutions that can deliver a unified view of private and public investments. True to form, BetaNXT partnered with Fi-Tek, LLC to launch TrustWealthX, which makes it possible to manage and report on clients’ brokerage, wealth and trust accounts within one integrated view.
• Helping our clients stay ahead of regulatory rules was the impetus behind BetaNXT ReservePro. Our solution helps firms seamlessly comply with the SEC’s updates to the SEA Rule 15c3-3, which requires broker-dealers to transition from weekly calculations of fund reserves for customer protection to daily calculations, as of June 30, 2026.

At BetaNXT, we will continue to be a leader in assisting the industry meet its evolving needs through the implementation of innovative solutions. In March 2025, we introduced BetaNXT CastX to automate and streamline the management of corporate actions workflows from end to end, so investors and their financial advisors receive comprehensive updates about how corporate actions are likely to affect their portfolios in real time.

Above all, regardless of market conditions going forward, we remain committed to providing the solutions that financial institutions need to ensure their operations function efficiently and resiliently.

Feel free to reach out with any questions about where our industry is heading, and follow us on LinkedIn for further updates throughout the next quarter.