Standard Chartered Private Bank has launched a digital wealth advisory tool for its relationship managers (RMs) that integrates the its entire suite of house views and investment recommendations with Thomson Reuters’ real-time market information.
ADVICE is powered by Thomson Reuters Eikon, a financial markets information and analytics platform.
RMs can now advise clients more quickly and effectively based on an aggregation of the bank’s investment expertise, further supported by Thomson Reuters news and financial analysis.
'This is a significant game changer as it harnesses the full breadth of our advisory capabilities, enabling our RMs to deliver in-depth investment advice to our clients with a much faster turnaround time,' said Alexis Calla, global head, investment strategy and advisory at Standard Chartered. 'Combined with live data from Thomson Reuters, this innovative solution allows our clients to get quicker access to actionable insights through their RMs and respond more nimbly to market events, which is especially crucial in today’s increasingly volatile investment environment.'
RMs can access ADVICE via their Thomson Reuters Eikon-enabled desktops, to engage in investment-led conversations with their clients.
ADVICE houses the private bank’s actionable conviction lists across equities, bonds, funds, foreign exchange and derivative structured products.
It also provides access to the latest news and commentaries across economies, industries, companies and governments. These features will empower RMs to guide clients more effectively in their investment decisions.