Blogs

Blogs

Crypto Solution for Wealth and Asset Management Industry

24 Feb 2021 — The recent Global Wealth Management Report 2020 by Oliver Wyman states that Covid 19 has permanently changed the way Wealth Managers deliver advice and serve their clients. One of the imperatives to win is the consideration of developing digital assets offerings to differentiate their proposition and to attract a potentially high-value client segment.

Possible use cases in Wealth Management include:

1. Post-trade optimisation

Real-time settlement models through blockchain, allows the removal of middleman and thus reduce both costs and transaction processing times.

2. Expansion of investable universe

Wealth managers can enlarge their offering and offer alternative investments such as cryptocurrencies, whereby they will be able to access and trade with liquidity providers, all the while under a constant crypto custody solution, which allows trading of their digital assets in a secure manner.

3. Client onboarding / KYC

The use of smart contract can facilitate the onboarding processes and help reduce the related costs while enhancing client data for the identification of more precise client offerings.

To find out more how Propine’s wealth management B2B crypto solutions can help you, email us at contact@propine.com


  • Share this Article

You May Also Like