Saxo Introduces a One-Stop Digital Advisory Solution for Institutional Partners

Saxo, a leading Fintech specialist that connects people to investment opportunities in global capital markets, announced today that it has launched SaxoPartnerConnect, a one-stop digital advisory solution that supports self-directed, advisory and discretionary business, enabling wealth managers to better service their clients, while offering scalability and reducing costs and complexities.

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"Singapore is Saxo's Asia Pacific hub and the first market in the region we are rolling this wealth manager platform out in. An Accenture study noted that delivering a true advisory proposition that is goals-led, holistic, and digital-first but integrated with financial advisors will be crucial for future competitiveness. We are fully committed to helping our partners realise that for their businesses, and SaxoPartnerConnect is designed with these partners' pain points in mind. It offers a comprehensive digital one-stop solution that helps advisers achieve scalability whilst reducing costs and complexities,"Adam Reynolds, APAC CEO, Saxo, said.

Besides its direct business offering trading and investing platforms and services for retail investors, Saxo Institutional covers wholesale clients (B2B2C) and direct B2B clients.

Institutional partners utilise Saxo's platforms, technology and capabilities to give their end clients access to global capital markets, allowing Saxo's partners to focus on servicing their clients (Banking as a Service). Partners are serviced via dedicated partner tools and through all of Saxo's platforms, including Open API and FIX API.

"From Saxo's position as a provider of solutions across this whole universe, we have seen a significant increase in activity from banks and other financial institutions looking to build scalable digital solutions using tools developed by external partners. The massive operational efficiency we offer with SaxoPartnerConnect means wealth managers can now handle more clients while not compromising quality and remaining compliant to regulatory needs,"Ivan Chang, APAC Head of Saxo Institutional, said.