• Hearsay Systems has added an automated compliance supervision component to its Relate platform.
  • Personal Capital hit a milestone of $12 billion in assets under management.
  • SigFig’s director of quality assurance has left the robo-advice provider.

Hearsay Systems
Hearsay Systems announced on Dec. 17 an automated compliance supervision offering for text messaging that is a component of the Hearsay Relate compliant texting platform launched in 2018. The new tool is meant to proactively protect firms from financial service and telecommunication industry requirements.

Personal Capital
The company this month hit a milestone of $12 billion in assets under management. Personal Capital places bets on a hybrid human-digital approach, believing that the best path to scale is to go broad. The firm says its continued growth is evidence that the hybrid approach yields results.

SigFig’s quality assurance head has left the roboadvice fintech, according to a report by Business Insider. He’s at least the third senior leader to exit since August.