Clik here to view.
Bank Central Asia engages Avaloq for WM transformation
Indonesia’s Bank Central Asia (BCA) has partnered with core banking software provider Avaloq to upgrade its wealth management technology and improve client engagement, according to a statement on...
View ArticleClik here to view.
Asia’s HNWIs are flocking to PE. That’s benefiting this tech-savvy company
Driven by increasing interest in private equity from HNWIs, Berlin-based Moonfare, an online investment platform, saw its AUM jump almost 90% YoY to €2.18 billion (US$2.18 billion) as of the end of...
View ArticleClik here to view.
Government support and talent crucial for green fintech
Government support and talent development are crucial in driving the growth of green fintech in Asia, according to new research. The study jointly led by GoImpact, an environmental, social and...
View ArticleClik here to view.
Hong Kong Fintech Week: Wealth industry seeks to tap new digital innovations
Digital transformation of Hong Kong’s financial services sector is a priority, the territory’s financial secretary said at the opening of Hong Kong Fintech Week, as private banks, wealth managers and...
View ArticleClik here to view.
Hong Kong Fintech Week: How technology empowers wealth managers
Human advisors will continue to play a key role in hybrid wealth management, despite continuing improvements in financial technology, banking executives and tech entrepreneurs concluded during a panel...
View ArticleClik here to view.
Avaloq scores new deal to upgrade Indonesian WM’s core banking software
Bank Negara Indonesia (BNI) is looking to improve the services it provides its wealth management clients by partnering with core banking software provider Avaloq, the lender announced on Thursday. The...
View ArticleClik here to view.
RBC WM appoints new COO for Asia
RBC Wealth Management (RBC WM) has appointed a new chief operating officer for Asia. Kamran (Kam) Azim moved to Singapore to take on the new role on November 1. Reporting to Terence Chow, CEO of RBC...
View ArticleClik here to view.
HSBC GPB brings hybrid digital advisory platform to Asia
HSBC Global Private Banking (GPB) has launched a hybrid digital advisory platform for clients in Hong Kong and Singapore, as it aims to elevate its bespoke asset allocation services. The bank first...
View ArticleClik here to view.
Saxo Markets to extend WM products to HK in early 2023
A year after obtaining its licences in Hong Kong, Saxo Capital Markets (Saxo Markets) is ready to expand in the city by launching asset and wealth management products for mass affluent investors next...
View ArticleClik here to view.
Quantifeed acquires UK fintech company in first step of European expansion
Hong Kong-based digital wealth management solutions provider Quantifeed has hailed its acquisition of ALPIMA, a UK fintech company, as an important part of its expansion plans. The acquisition...
View ArticleClik here to view.
Endowus focuses on institutional-level solutions for individuals: founders
While in college, Gregory Van made his first investment in a solar firm that later went bankrupt. It made him realise that “institutional investors manage their money very differently from...
View ArticleClik here to view.
HSBC GPB launches digital DPM for clients in Asia
HSBC Global Private Banking (HSBC GPB) has become the first bank in Asia to launch a mobile app-based discretionary portfolio management (DPM) platform, the lender said. The platform, unveiled on...
View ArticleClik here to view.
Crypto trading and the metaverse: the tech trends PB clients want to see most
Private banks and financial services institutions looking to expand their digital services and products, including into the metaverse, in Asia have had some good news. Around 30% of Hong Kong...
View ArticleClik here to view.
J.P. Morgan PB enhances UHNWI digital platform with Swiss software investments
J.P. Morgan Private Bank (JPM PB) has invested in two Swiss-based wealth management software services companies to strengthen its digital capabilities for ultra-high net worth (UHNW) clients across...
View ArticleClik here to view.
‘Crash, what crash?’ Asia-Pacific HNWIs still keen on crypto, study finds
HNWIs in Asia retain a high degree of interest in digital assets despite recent setbacks in the sector, including a plunge in the price of crypto coins and the collapse of the FTX exchange, according...
View ArticleClik here to view.
Private banking fintech trends to watch in 2023
The wealth and asset management sectors have evolved faster than the much of the financial services industry over the past few years, with the pandemic hastening the adoption of new technology and...
View ArticleClik here to view.
Matrixport eyes expansion despite crypto winter
Matrixport has set its sights on becoming the leading crypto platform for private bank clients in Asia-Pacific, brushing off concerns over a recent meltdown in the sector. The industry has been rocked...
View ArticleClik here to view.
HSBC GPB’s trading and lending CTO departs
HSBC Global Private Banking (HSBC GPB)’s chief technology officer for trading and lending has left the bank, Asian Private Banker can reveal. Hong Kong-based Rui Favas joined HSBC in 2019 and took his...
View ArticleClik here to view.
New economy and blockchain – UBS GWM identifies the next tech winners
Equity market volatility in 2022 has prompted more investors to seek new sectors that are more likely to outperform in the long run. In 2021, UBS Global Wealth Management (UBS GWM) set up a dedicated...
View ArticleClik here to view.
Endowus partners iCapital to expand alts offerings for wealthy clients
Online wealth platform Endowus has partnered with iCapital, a global alternative investments fintech platform, to boost its private market investment offerings to accredited investors in Singapore and...
View Article