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FNZ, abrdn launch digital wealth platform in Singapore

The firms’ platform have over $90b assets administered in the UK.

Investment company abrdn and wealth management platform FNZ have teamed up to launched a multi-distributor, open architecture, digital wealth platform in Singapore.

The platform aims to support independent financial advisory firms, banks, virtual banks, family-offices and insurance companies in the Asia region.
 
Services in the platform include discretionary portfolio management and self-directed solutions both through the advisor and/or client portals. It will also make use of standardised wealth APIs, with FNZ and abrdn rolling out further innovations in the future.

ALSO READ: How banks should rethink pricing
 
FNZ and abrdn have been partners in the UK since 2005. Their platform– providing financial planning solutions and technology for UK financial advisers– had since amassed £75.2b (approximately $94.37b) in assets under administration.  

(US$ 1 = £0.8)

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