Praemium’s Asian subsidiary has struck a deal with Chinese Dah Sing Bank to provide CRM, workflow and financial planning modules via WealthCraft.
“We are delighted to be assisting an important Hong Kong-based institution like Dah Sing Bank to enhance its wealth management proposition,” said Praemium chief executive Michael Ohanessian.
“Our client-centric WealthCraft solution will enable Dah Sing Bank to manage its clients in an integrated, visible and scalable way,” said Mr Ohanessian.
Dah Sing Bank was established in 1947 and its subsidiaries (Banco Comercial de Macau and Dah Sing Bank China Limited) provide banking and financial services through a branch network of around 70 branches across Hong Kong, Macau and the People’s Republic of China.
Dah Sing Bank and its subsidiaries controlled more than AU$18 billion in deposits as at 31 December 2013, with annual operating income in excess of AU$512 million.
The roll-out of the new Praemium service through Dah Sing Bank is planned for completion in 2015.
SUBSCRIBE TO THE IFA DAILY BULLETIN
News
- 24 Apr 2018NAB exec confirms advice sale on the cardsBy Aleks Vickovich
- 23 Apr 2018Neil Rogan departs CenturiaBy Reporter
- 23 Apr 2018Banks should foot RC bill: HansonBy Jessica Yun
- 23 Apr 2018AMP admits keeping Dover in darkBy Killian Plastow and Aleks Vickovich
- 23 Apr 2018Storm litigator mulls AMP class actionBy Reporter
- 23 Apr 2018ANZ concedes ‘unacceptable’ adviser monitoringBy Aleks Vickovich
- view all
