iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, will provide its technology to HSBC Global Private Banking.
The solution will be fully integrated into HSBC’s platform “to digitalize the private market investment experience for its relationship managers, investment counsellors and operations teams.”
Initially deployed in Hong Kong and Singapore, the solution is “intended to be gradually expanded to more markets.”
As one of the leading global private banks for international and entrepreneurial clients, HSBC Global Private Banking has “been supporting clients in alternative investments for more than 30 years.”
With more opportunities to put cash to work in the second half of 2024, Willem Sels, the private bank’s Global Chief Investment Officer advises its clients “of the multi-asset investment opportunities and benefits of tapping into private markets in their latest Q4 2024 Investment Outlook report.”
Jan-Marc Fergg, Global Head of ESG and Managed Solutions, HSBC Global Private Banking and Wealth.
“Our thorough understanding of alternative investments and private markets enables us to advise and support our clients in diversifying and enhancing their portfolios to reach their financial objectives. Through this collaboration with iCapital, we are poised to make a broader range of alternative investment opportunities more accessible to our clients.”
Marco Bizzozero, Head of International at iCapital:
“HSBC Global Private Banking’s commitment to expanding access to private markets for their clients is at the forefront of our collaboration and we are very proud to be their solution provider of choice. Our arrangement is a testament to the trust wealth managers place in iCapital as they prioritize private markets as a key component of a diversified client portfolio, enhancing financial outcomes for their clients.”
iCapital’s award-winning2 technology is at the heart of this offer, “delivering a complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle, automating historically complex subscription, administration, operational and reporting processes.”
Its complete suite of tools and end-to-end enterprise solution “meaningfully improve the efficiency and client experience of alternative investing.”
As noted in the update, iCapital powers the world’s alternative investment marketplace offering a complete “suite of tools, end-to-end enterprise solutions, data management and distribution capabilities and an innovative operating system.”
iCapital is the trusted technology partner to “independent financial advisors, wealth managers, and asset managers, offering unrivaled access, technology, and education to incorporate alternative assets into the core portfolio strategies for their clients.”
At the forefront of the digital transformation in alternative investing, iCapital’s secure platform delivers a “complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle.”
With $194.3 billion3 in global platform assets, the iCapital operating system “automates and streamlines the complex process of private market investing and seamlessly integrates with clients’ existing infrastructure platform and tools.”
iCapital employs more than 1,500 people “globally and has 17 offices worldwide including New York, Greenwich, Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, and Toronto.”
