Lu International, a subsidiary of Lufax Holding Ltd – ADR (NYSE: LU), today announced that it had recognized a calculated collaboration with Schroders Singapore to co-innovate ordinal wealth explanations to tackle the fast-growing requirements of trade stakeholders in the expanse.
Exciting new partnership will tap into the shared fortes of both units
This exciting new partnership will tap into the collective fortes and competencies of both units. The business will drive novelty in digital wealth solutions, leveraging data analytics to improve the scheme of customized multi-asset answers pervading goals, thematic and sustainability capitalizing for a range of customers in Southeast Asia. By binding cutting-edge knowledge and leading market visions to mature bespoke wealth solutions, the requirements of different customers will be exclusively custom-made.
It will be supplemented by LUI’s best-in-class technical competencies, particularly data analytics, simulated intelligence, and cloud know-how.
LUI Singapore’s prosperity management platform will first introduce the solutions
LUI Singapore’s prosperity management platform will first initiate these solutions before being further extended across associates in Malaysia, Thailand, and Indonesia.
Ms. Lily Choh, Country Head, Schroders Singapore, commented, “We are very thrilled to be boarding on this voyage with LUI who is in the vanguard of digital and technical progresses. We consider that digital wealth administration will play a big part in the prospect of capitalizing, given the rising demands of stockholders in the area, with their digital-led existences and admission to vast quantities of information at their fingertips.”
The collaboration will foster opportunities for us to stay ahead of these needs by leveraging the synergistic best-in-class technology that LUI offers, allowing us to deliver customized solutions and insights that can help investors cut through the clutter in a meaningful way. ”
Ms. Joanna Tang, CEO of Lu International, commented, “We believe that depositors in Southeast Asia, with its fast-rising middle class and digital populaces, are presently underserved when it comes to a rounded digital speculation experience. This planned enterprise shapes on our long-term determination to provide to the fast-growing needs of savers in the area. ”
Ms. Tang continued, “Customizations and loftier client experience are keystones of effective digital wealth platforms. We trust that by associating a recognized, speculation dynamo like Schroders, we can meaningfully improve our contributions for our customers, across sections.”