Standard Chartered Private Bank has launched a digital wealth advisory tool to integrate its suits of house views and investment recommendations with real-time market information from Thomson Reuters.
Standard Chartered is employing Thomson Reuters’ financial markets information and analytics platform, Eikon, and producing live market data across a range of asset classes linking to the Bank’s house views and product solutions.
Relationship managers (RMs) would be able to access the multi-advice portal ADVICE via Eikon-enabled desktops. Thomson Reuters managing director, financial risk, Sanjeev Chatrath, said: “Thomson Reuters’ open platform approach has enabled us to collaborate with Standard Chartered’s Wealth Management Advisory team to innovate and pioneer.”
[It’s] a unique and seamless solution…hat brings together live investment views and conviction products contributed by multiple teams across asset classes.”
Standard Chartered global head of investments strategy and advisory, Alexis Calla, said the advisory tool, ADVICE, would allow the bank to expand its capabilities.
“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,” she said.
“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.”