Cloud and managed service provider Nexon Asia Pacific has secured a multimillion-dollar multi-year agreement with privately-owned wealth management firm OrdMinnett to transition the company’s existing IT services to a completely new technology stack without downtime.
Digital banking firm Volt Bank says its customers who use the wealth management platform Spitfire will be able to view and trade all their assets in a single portal.
The automation of wealth management and “revolutionising” of the way individuals invest is expected to drive global roboadviser platform revenues to US$25 billion by 2022, up from an estimated US$1.7 billion in 2017.
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