Singapore-based Investbanq launched artificial intelligence (AI) driven digital investment platform in an exclusive close beta release, on Thursday which the company said will elevate Singapore’s financial sector and set a global benchmark.
Singapore-based Investbanq said the focus on AI based digital platform provides access to wide range of asset classes (investments with similar characteristics), including stocks, bonds, private funds, infrastructure, venture investments, also has future plans to incorporate digital assets.
The digital private bank said the platform aims to rival traditional private banks and other financial institutes, focusing primarily on wealthy and high net worth individuals, targeting Asia and MENA region.
Investbanq said based on specific countries and regions, it plans either to introduce a solution directly to investors (B2C) or collaborate with established financial institutions, leveraging the company’s innovative technology (B2B), while it said ongoing discussions are done with several financial institutes to expand growth initiatives on these solutions.
The company said it will provide unified access of investment opportunities and financial services to clients, advanced reporting and analysis on market dynamics as well as deliver personalized predictive data specific to individual investment profits by harnessing AI.
Olzhas Zhiyenkul, chief executive of Investbanq said, “As we gear up for the official product release, it’s notable that there are merely six platforms of a similar caliber globally.”
The company is dedicated to democratizing private banking and revolutionizing the investment industry and with Investbanq, the company is advancing towards making premium investment options and financial services more accessible, he added.
