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April 16, 2021

Julius Baer’s digital advisory platform goes live in Asia

Swiss private bank Julius Baer has rolled out its digital advisory platform in Asia, with an aim to help its advisers improve the quality and quantity of client interactions.

Free Report
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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

The new Digital Advisory Suite (DiAS) offering is designed to offer an end-to-end advisory process, helping reduce the complexity of regulations for relationship managers.

The platform uses machine learning algorithms, offering relationship managers a complete picture of client situations and also helping identify engagement opportunities.

It screens the bank’s investment universe, recommending investment ideas in line with the clients’ investment objectives and risk profiles.

The aim is to enhance efficiency, automate administration, and offer time savings in providing investment advice.

Julius Baer co-head of Investment & Wealth Management Solutions, Bank Nicolas de Skowronski said: “Julius Baer is one of very few international private banks to have all their major booking centres on one digital advisory platform.

“To achieve such significant efficiency gains while still keeping the platform connected to our vast technology architecture, we needed a bespoke solution such as DiAS which was created from scratch by our teams across Zurich and Asia.”

Julius Baer has operations in more than 20 countries and over 50 locations. Asia is said to be the private bank’s second home market.

The bank has made several technological investments lately.

Last month, Julius Baer unveiled its guided digital onboarding solution for clients in response to increased need for digital client connectivity.

Including a complete video identification service, the solution facilitates interaction between the relationship manager during the onboarding process.

Last year, it launched its digital assets service, in association with crypto-bank SEBA. The digital assets suite includes access to secure storage and transaction solutions.

 

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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