HSBC launches AI-driven wealth management portal

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HSBC launches AI-driven wealth management portal

By Hannah McGrath

12/07/2019

HSBC has launched an AI-driven global client wealth management portal driven by technology from software company Finantix.

HSBC’s private banking division has used Finantix software and Application Programming Interfaces (APIs) to build a digital wealth management portal that will allow wealth managers to augment their client knowledge and streamline regulatory tasks.

The system uses artificial intelligence to access business logic, insights, user journey standards and interfaces with HSBC’s core banking platform.

The solution has been rolled out in the UK initially and will be extended to other markets where HSBC Private Banking operates.

Alessandro Tonchia, co-founder of Finantix, said: “HSBC Private Banking built the portal incorporating Finantix Components APIs and, in doing so, are creating a consistent, modern omni-device experience, easy and secure self-service access to accounts, portfolio information and analytics.”

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