HSBC wants Prism, its BlackRock-enabled platform, to move Asian private banking beyond transactions.
For the custodian, it’s about bringing order to the fragmented world of emerging-market asset managers.
The partnership with BlackRock brings end-to-end investment management solutions across emerging markets.
The European giant announces its new tech business to service asset managers, wealth firms, and others.
In Asia Pac, private banks sell products, not advice. BlackRock wants to change that with technology.
The bank announces a suite of digital solutions in Singapore related to wealth management.
The bank is forming alliances to connect data to front offices – and affirm the custody business model.
With its core systems reset, the asset manager is also experimenting with fintech initiatives, starting in Indonesia.