OCBC has partnered with Goldhorse Capital Management to expand its product offering in a scalable manner, targeting institutional investors in the private wealth management (PWM) sector in Singapore, Hong Kong, Malaysia and Dubai.
various OCBC‘s structured investment products are now accessible in real time to the bank’s eligible clients. The Extra MileDeveloped and operated by Gold Horse, it is Asia’s fastest growing financial product platform.
The partnership will diversify investment opportunities for PWM’s clients, providing them access to products from an established issuer with a focus on innovation and customer service.
Wee Wei Ming
Wee Wei Ming, head of global sales and structuring at OCBC, said:
“We embrace today’s ever-evolving technology and customer environment and are excited about the possibilities that our partnership with Goldhorse offers for the future.
This will provide greater access to customised structured products issued by OCBC through Gold Horse’s cutting-edge digital finance platform, Extramile. This collaboration demonstrates our commitment to providing unparalleled opportunities and convenience in the dynamic landscape of financial services.”
Edward Liu
Edward Liu, Deputy CEO of Gold Horse, added:
“In 2024, we expect to see an increase in demand for structured products from clients served by external asset managers (EAMs) in various locations. Instead of working in isolation, parties will need to collaborate to maximise available business opportunities. At the institutional level, Extramile digitally connects sell-side and buy-side users.”
From market conditions to pre-deal trend analysis to post-sales lifecycle management, our relationship managers are now able to serve their customers seamlessly, and product manufacturers are equipped with the knowledge to understand true demand and deliver the best products. We are pleased to have OCBC on board, which will enable us to better support our mutual customers in different market conditions.”
Featured Image Credit: Free Pick
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