Standard Chartered has launched ADVICE, an industry first digital wealth advisory tool
British multinational bank Standard Chartered has launched ADVICE, a digital wealth advisory tool for its relationship managers. ADVICE integrates the bank’s entire suite of in-house views and investment recommendations with Thomson Reuters’ real-time market information.
Relationship managers will be able to conveniently access ADVICE via their Thomson Reuters Eikon-enabled desktops, to engage with their clients. Access to multi-source information across equities, bonds, funds, foreign exchange and derivative structured products as well as the latest news and commentaries across economies, industries, companies and governments is designed to enable relationship managers to be more effective with their client’s investment needs and digital wealth advisory needs.
Alexis Calla, Global Head, Investment Strategy and Advisory at Standard Chartered, stated,
“This is a significant game changer as it harnesses the full breadth of our advisory capabilities, enabling our RMs to deliver in-depth investment advice to our clients with a much faster turnaround time. Combined with live data from Thomson Reuters, this innovative solution allows our clients to get quicker access to actionable insights through their RMs and respond more nimbly to market events, which is especially crucial in today’s increasingly volatile investment environment.”
Sanjeev Chatrath, Managing Director, Financial and Risk at Thomson Reuters, said,
“Thomson Reuters’ open platform approach has enabled us to collaborate with Standard Chartered’s Wealth Management Advisory team to innovate and pioneer a unique and seamless solution. With Eikon, Standard Chartered’s RMs have access to a dashboard that brings together live investment views and conviction products contributed by multiple teams across asset classes, demonstrating the benefits of our market-leading platform.”
Standard Chartered is a leading international banking group, with around 80,000 employees and a 150-year history. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.
More here [Standard Chartered]