UBS launches digital wealth management platform, WE.UBS, in Shenzhen, China

The cell Application “WE.UBS” combines UBS’s 160 yrs of prosperity administration companies with the latest know-how capabilities. It delivers customers an ground breaking, electronic provider model with proactive fiscal arranging dependent on significant details and UBS Main Expense Office (CIO) views. It is remarkably interactive ­­­where clients can full on-boarding in a several minutes and appreciate a a person-cease company. The system supplies the two regional and global expense alternatives through a robust variety method, committed trader schooling as nicely as 24-hour monitoring based mostly on market place developments.

Edmund Koh, President, UBS Asia Pacific explained, “China is leading the way in prosperity creation and digital transformation globally. As the world’s most significant wealth supervisor, it is our objective to be the main world wealth manager and the #1 electronic-to start with prosperity advisor for our focused consumers in China. “

UBS FS has been founded in Shenzhen, the important motor behind the Higher Bay Spot (GBA), a single of the quickest-developing locations in China. The GBA is supported by favourable procedures, bigger connectivity and populace expansion with about 86 million inhabitants and a GDP of RMB12.6 trillion (USD1.9 trillion)1. Chinese affluent persons will surpass 56 million in 20222, with a sizeable proportion of them dwelling in the GBA. Iqbal Khan, President International Prosperity Administration of UBS stated, “Desire for specialist prosperity administration solutions, delivered digitally, is escalating exponentially in China. Next our launch in Shenzhen, we will emphasis on customers in the GBA before broadening out to other towns.”

WE.UBS is collaborating with a number of company companions and fund homes to make an ecosystem that can help clientele realize their possess and their family’s financial aims. “This platform goes beyond a financial institution delivering a service or a solution. Our ecosystem covers the requires of clientele in distinctive elements of their lifestyle with tiered choices centered on the client’s connection with us. This is one of a kind in China,” claimed Andy Ho, Typical Supervisor of UBS FS.

In addition to Andy Ho, the officiating company at today’s launch ceremony involved Jie HE, Director of Shenzhen Municipal Money Regulatory Bureau Jean Philippe Praz, Consul General of Switzerland in Guangzhou  Amy Lo, Co-head, UBS Prosperity Management Asia Pacific, UBS World-wide Wealth Administration Eugene Qian, UBS China Country Head and Chairman of UBS Securities as effectively as the organization partners.

Minnie Arwood

Next Post

Fear of missing out can be a killer for investors. How top advisors keep it at bay

Mon Oct 31 , 2022
Michael H | Digitalvision | Getty Pictures The anxiety of lacking out, or FOMO, can be a effective psychological pressure — and it may possibly lead unwary investors to eliminate bundles of revenue, according to financial advisors. A team of British psychologists described FOMO as a fear “that many others […]