Wealthtech
Mainland China Pilots Cross Border Investments with Hong Kong and Macau
The People’s Bank of China, the Hong Kong Monetary Authority, and the Monetary Authority of Macao have implemented a pilot scheme called the Wealth Management Connect to facilitate cross-boundary investment by individual residents in the Guangdong, Hong Kong and Macao
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Avaloq Hires in Hong Kong to Strengthen Its Greater China Footprint
Avaloq, the Swiss-based provider of digital banking solutions, core banking software and wealth management technology, has appointed Pascal Wengi as Head of Sales for the Greater China region. He will be based in Hong Kong. Pascal Wengi joins from Crealogix,
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Why South Korea’s Robo-Advisors Poised for Growth
Since 2016, South Korea has seen a horde of robo-advisors come on the market. As of June 30, 2019, more than 30 financial institutions had launched robo-advisor offerings, either by teaming up with other companies or by creating their own
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In Hong Kong, DBS Customers Can Open Their Wealth Account Using Only Their Smartphone
DBS Hong Kong has launched the first fully virtual wealth management account opening solution, allowing new customers to set up a multi-currency savings and wealth management account completely digitally, on their smartphone. The solution leverages technologies including instant identity verification, biometric
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Quantifeed Launches Robo Advisor in Hong Kong with Everbright Sun Hung Kai
Quantifeed, a provider of digital wealth management solutions, has partnered with Everbright Sun Hung Kai to launch a robo-investment solution. The new platform, called EBSHK Direct AI-Portfolio Investing, enables retail investors in Hong Kong to easily access a diverse set
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A Look at Line and Nomura’s Zero-Commission Online Brokerage in Japan
Line Securities Corporation, a joint venture between Asian financial services group Nomura Holdings and Line Financial Corporation, the financial services arm of Internet firm Line Corporation, has launched a new mobile investment service targeted at younger, digital-savvy generations. The new
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Credit Suisse Collaborates with HK-Based Prive to Enhance Its Digital Offerings
Credit Suisse today announced a collaboration with Privé Technologies (Privé), a Hong Kong-based digital wealth management solutions platform provider for financial institutions, to provide External Asset Managers (EAMs) access to better wealth management technology solutions. The collaboration with Credit Suisse
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Futu Securities Bags Digital Brokerage of the Year Award
Futu Securities a Hong Kong based wealthtech firm recently bagged the “Digital Brokerage of the Year” award at The Asset Triple A Digital Awards 2018. Founded in 2012, Futu Securities is recognised by many as one of Asia’s top-ranked online
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Top Wealthtech Startups in East Asia
Fintech companies focused on wealth management continue to gain popularity over traditional advisors. Also referred to as wealthtechs, these companies are tapping into untapped markets within the wealth management industry and focus on customer’s demands for higher returns and transparent
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Robo-Advisor AQUMON, a HKUST Incubatee Receives yet Another Round of Funding
Designed by Magnum Research, Aqumon is a robo advisory service aimed at making wealth management more accessible to the Hong Kong public using artificial intelligence. The company recently announced that it has closed an undisclosed sum of financing from the
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