Credit Suisse teams up with Privé to boost WM offerings

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Credit Suisse teams up with Privé to boost WM offerings

Credit Suisse will collaborate 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 will enable Privé to further enhance their wealth management platform for EAMs including content generation, risk profiling and suitability, order management and execution capabilities.

Commenting on the collaboration, Sascha Zehnter, head of External Asset Managers, Private Banking Asia Pacific at Credit Suisse said, "Through our collaboration with Privé, we are reaffirming our commitment to EAMs in the region by helping to develop the next generation of EAM wealth management technology solutions including automated portfolio management and reporting, order management and execution, risk profiling and suitability, as well as content generation capabilities."

Credit Suisse launched the first digital private banking solution in the region in 2015, and partnered with the fintech company Canopy in 2017 to make accessible to its clients an automated account aggregation platform and reporting solution.

Recently, the bank launched Credit Suisse Chat, a proprietary in-house chat platform which allows its relationship managers to communicate with their clients through their preferred messaging channels in a secure and compliant environment.

This article was first published by InvestmentEurope, a sister title to International Investment

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