Global fintech platform for alternative investments for wealth management iCapital will provide its technology to HSBC Global Private Banking.
The iCapital solution will be fully integrated into HSBC’s platform to digitalise the private market investment experience for its relationship managers, investment counsellors and operations teams.
Furthermore, while it will be first deployed in Hong Kong and Singapore, the solution is intended to be gradually expanded to more markets.
“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,” said Jan-Marc Fergg, global head of ESG and managed solutions, HSBC Global Private Banking and Wealth.
“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,” said Marco Bizzozero, head of international at iCapital. “Our arrangement is a testament to the trust wealth managers place in iCapital as they prioritise private markets as a key component of a diversified client portfolio, enhancing financial outcomes for their clients.”
In July 2024, iCapital entered a strategic partnership with Ashton Thomas Private Wealth, a division of Arax Investment Partners.
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This partnership is a reflection of Arax’s larger dedication to providing modern, technologically advanced solutions that improve their advisory capabilities and client service, as well as to expanding access to alternative investments throughout its whole platform.
In addition to structured investment opportunities, the offering includes specially designed technology for Ashton Thomas advisers that offers a carefully selected menu of alternative investment methods, such as hedge funds, real estate, private equity, and private credit.
