Nomura has reportedly chosen Refintiv, a multinational provider of financial market data and infrastructure, in order to leverage the Fintech firm’s wealth management solutions across Hong Kong and Singapore.
The Refinitiv Workspace for Wealth Advisors will be used as the main platform to provide up-to-date analysis and key market insights for Nomura’s relationship managers and investment advisors across the two Asian countries.
Refinitiv wealth management services aim to empower companies with much quicker time-to-market for digital properties.
It also provides a robust and flexible framework that includes web-based components, pre-built pages, APIs, mobile applications, and collaboration tools like video, co-browsing, and secure chat communication that can be configured for a clients’ specific requirements.
During the past couple of years, the company has been making strategic investments in the business via acquisitions like Scivantage and the introduction of Refinitiv Digital Investor and Refinitiv Workspace for Wealth Advisors.
Christopher Sparke, Head of Advisory Solutions at Refinitiv, an LSEG business, stated:
“We are absolutely thrilled to be working alongside Nomura’s International Wealth Management business to support their expansion. With Refinitiv Workspace, Nomura’s advisors and relationship managers will benefit from market leading data and tailored workflow, driving client engagement and advisor productivity.”
Akshay Prasad, Head of Investment Products & Advisory Solutions, International Wealth, remarked:
“We chose Refinitiv’s solution as its user-friendly interface and actionable insights will allow our client advisors to attract, engage and advise clients as we accelerate the expansion of our franchise across Greater China, Southeast Asia and the Global NRI markets.”
As covered last month, Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, joined forces with Fintech Studios, an AI-based news, market intelligence, and analytics provider, to provide industry, local and regional news, and research to wealth management professionals across Latin America.
In March 2021, Refinitiv expanded its digital investor solution with the launch of Wealth Connect, which was designed to help wealth management firms and their advisors advance with the growing pace of digital transformation within the wealth management industry.