The wholly-owned Chinese entity of UBS has rolled out a digital-led platform offering wealth management services to affluent clients in China.
The firm said it is its first digital wealth management platform in Asia Pacific and the first “digital-led wealth management platform launched by a global wealth manager in China”.
The app offers clients a digital service model with financial planning based on big data and UBS’ chief investment office.
It also provides both local and global investment solutions through a selection process, investor education as well as 24-hour tracking based on market developments.
Edmund Koh, president of UBS Asia Pacific, said: “China is leading the way in wealth creation and digital transformation globally. As the world’s largest wealth manager, it is our goal to be the leading global wealth manager and the digital-first wealth adviser for our targeted clients in China. “