Privé Managers selected as an Awardee in the 2017 Singapore Global FinTech Hackcelerator Program

Privé is proud to announce that it has been selected as a finalist in the 2017 Global FinTech Hackcelerator Program. The prestigious and exclusive Singapore-based program was established with the collaborative efforts of the industry, academia and the Monetary Authority of Singapore (the “MAS”).

 

 

Steered by the Singapore government and managed by KPMG, this program aims at inviting cutting-edge technology FinTech companies to apply and demonstrate how they can innovate to address problem statements contributed by the global FinTech community and the financial services industry. This year the MAS received 580 submissions from over 40 countries. From those submissions, only 20 teams were shortlisted by a panel of industry judges. The entries were evaluated on criteria such as relevance, competitive advantage, revenue, scalability, business stage and team experience.

 

Privé is also the firm behind the award-winning Privé Managers platform for global wealth and asset managers. This most recent recognition, in addition to past awards, has dramatically increased Privé’s brand-value in the FinTech industry. Prior awards for Privé include being named the winner of consecutive Asian Private Banker Technology Awards in 2015 the 2016 as the Best Provider of External Asset Manager Solutions and the Best Robo Advisory Solution.

 

Privé was also named by FinTechCity as “one to watch” within the Hong Kong FinTech space. It was also selected as an Asian representative for the prestigious FinTech 50 2016 publication and as one of only eight global startups to participate in the highly selective Accenture Innovation Lab Accelerator Program in 2016. In addition, Privé was recognized in the Top 50 Financial IT Pathfinder 2016/2017 Global Rankings. Among the recognized awardees, Privé was only one of two self-funded companies within the top 20. It was also one of only two FinTech companies recognized in the field of wealth management on the list. Most recently, Privé was also selected as the 2017 Technology Provider of the Year for the Structured Products Asia Awards by Risk Magazine.

 

Julian Schillinger, the CTO and co-founder, noted, “We are very grateful to the Global FinTech Hackcelerator committee for such a prestigious award. It is such an honor to be recognized by the Monetary Authority of Singapore in the field of FinTech due to our patented technology, successful business model and the rapid growth of our company. We are proud to play our part in representing FinTech in Asia and Europe, and plan to continue to work to expand the wealth and asset management ecosystem in the region and globally.”

 

 

 

ABOUT PRIVÉ MANAGERS

Privé Managers is a modular solution for the wealth and asset management industry and comprises more than 11 state-of-the-art modules powered by its bionic advisory engine, which include wealth planning, risk profiling, investment exploration, algorithmic optimization and personal reporting. Privé serves a range of wealth management clients across Asia and Europe, including external asset managers, multi-family offices and banks by offering a wide range of connectivity options to custodial and distribution platforms. To learn more about Privé Managers please visit us on www.privemanagers.com or www.bionicadvisory.com.

Contact:

 

Privé Managers Limited
Corporate Communications Department
Suite 813-814, Cyberport 1
100 Cyberport Road
Hong Kong

Tel: 852 3157 1234
Email: info@privemanagers.com

DISCLAIMER:

This press release is for information purposes only.

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Privé does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Privé and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.

Privé assumes no obligation to update any information contained herein.

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