Credit Suisse has collaborated with Singaporean fintech firm Canopy to offer its Hong Kong customers access to the fintech firm’s automated aggregation and reporting platform.

The fintech firm’s technology will be offered through Credit Suisse’s digital private banking platform in Hong Kong.

The bank will roll out Canopy’s technology in traditional as well as simplified Chinese.

Credit Suisse head of Greater China, private banking Asia Pacific and CEO of Hong Kong branch Francois Monnet said: “Through our collaboration with Canopy, we aim to further enhance our existing digital private banking service offering through more innovative solutions and services for our clients.

“The Digital Private Banking platform creates a new digitalised multi-channel service delivery model that brings the relationship manager and bank significant gains in efficiency and higher value-added productivity, and most important of all, enable us to serve our clients better and cultivate deeper client relationships. The platform is one of the key enablers of our business growth in greater China.”

Credit Suisse acquired a 10% stake in Canopy last year, marking its first investment in a fintech firm in Asia Pacific.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Canopy founder and CEO Tanmai Sharma said: “With Canopy, clients have one place to go for all their holistic investment analytics. For private banking relationship managers (RMs), Canopy can also provide a holistic picture of the clients’ assets and further build their trusted relationship with clients. Our successful collaboration with Credit Suisse proves shows that Canopy adds value to both the client and the RM.”