Managers of Wealth Asia Pacific

Robo-advisor reshapes wealth management industry

The tech firm offers AI virtual advisors to optimize investment decisions and avoid risks, which makes sense in China where stock prices often fluctuate heavily.

Singapore FinTech Festival 2021 sees 33% year-on-year growth in attendees

A platform for continued learning

CIBC, Itaú Unibanco, National Australia Bank and NatWest Group announce winners of Global Open Finance Challenge

Four winners named in first-of-its-kind event seeking ground-breaking ideas to transform banking

Iress unleashes dedicated API data and trading solutions team

API data and cloud services continue to be adopted at pace by financial services firms.

x15 launches deal discovery app, Cheddar

Cheddar to use AI to personalise shopping offers for the $364 billion Australian retail sector.

NAB relaunches digital SME lending service

The application provides a personalised experience, is pre-populated based on information NAB already has on file and is finalised with an electronic signature.

Standard Chartered taps SAP Multi-Bank Connectivity cloud solution for corporate-to-bank integration

The global pandemic has further accelerated the shift to digital banking, resulting in a greater need for both corporates and their banking partners to automate and support real time payments.

Delio to power private markets offering of leading Japanese bank

The launch of the platform comes as many industry commentators predict that Asia will become a global force in the private markets space over the next decade.

KB Asset Management Singapore Chooses SS&C

Flagship hedge fund investor will leverage SS&C’s integrated Fund Services and Eze technology solutions for Singapore operations

Bitcoin fund approved by Praemium

Its approval would complement the firm’s recent launch of Monochrome Research which was dedicated digital asset research and education division designed to meet the growing need for knowledge on this asset class.

Matrix and ClearView adopt Iress advice fee consent solution

“The automated solution will result in reduced time spent on paper-based administration and data entry for advisers, as well as increased connectivity between licensees, advisers, clients and platforms,”

Asendium hits $1.1 million in cap raise

Miller said the platform could be used in financial planning as well as accounting, mortgage broking and legal.

Airwallex bolsters ASEAN presence

Airwallex is permitted to provide a suite of payment services including account issuance, domestic money transfer, cross-border money transfer, merchant acquisition and e-money issuance.

Singapore Consortium of Banks to Digitalize Green Trade Finance

This serves to support Singapore’s role as a leading green trade finance hub regionally and globally.

China's Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

While China has been actively testing its digital yuan, the PBOC official said that there is no official launch date for the digital currency.

CBA partners with global AI leader H2O.ai

Strategic partnership with H2O.ai boosts the bank’s AI capabilities to generate better customer and community outcomes, at greater pace and scale.

MAS and BSP to Pursue Cross-border Payment Linkages

The BSP is taking the initial step in linking the Philippine payment system with those of our ASEAN neighbors, beginning with Singapore.

Singapore seeks to become key global player in crypto business, report says

“But not to get into this game, I think risks Singapore being left behind. Getting early into that game means we can have a head start, and better understand its potential benefits as well as its risks,”

LSEG and JPX to develop net zero climate indices covering Japan’s equity market

The FTSE/JPX Net Zero Index Series will align to net zero by 2050 by applying index tilts to the market cap weighted adjusted TOPIX 500 to achieve a 30% reduction in carbon emissions and fossil fuel reserves and a significant uplift in exposure to the gre

CBA to offer crypto services to customers

CBA announces strategic partnerships with global crypto leaders Gemini and Chainalysis.