UBS launches new IT platform to give private banking clients advice around the clock
Published on Mar 11, 2014 5:55 PM
Private banking giant UBS has launched an IT platform that will help its bankers provide faster and more tailored advice to their clients in Asia.
The system, called UBS Advice, will monitor market movements around the clock.
Taking each client's chosen investment strategy and risk appetite into account, the system will trigger alerts if there is a buying opportunity in the market or if something happens that might require the client to sell something in his portfolio.
The banker can then call the client, who will decide how to act on the alert.
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