Hong Kong-based digital wealth management firm Quantifeed is launching a
discretionary portfolio management service for wealthy Thai individuals, media reports
said. Quantifeed has teamed up with Kiatnakin Phatra Securities to launch Phatra
Mandate Service in Thailand.
The platform will be powered by Quantifeed’s QEngine and will facilitate activities such
as research, order and trade management, position monitoring and reporting. It is
reported that Kiatnakin Phatra Securities’ asset allocation and investment committees
on the platform will create model portfolios on the platform.
Narit Kosalathip, head of wealth management group at Kiatnakin Phatra Securities told
the media, “The platform will allow customers to invest with ease and in strict
adherence to their investment parameters and sound risk management practices. The
platform also fulfils retail investors’ desire to expand their investments outside of
Quantifeed has a presence throughout the region. Headquartered in Hong Kong, it has
offices in Australia, India, Japan, Singapore and Taiwan. Last year, it entered the Japanese market by invitation of the Tokyo Metropolitan Government as part of its strategy to transform the capital into a global financial centre. Quantifeed was among 50 asset managers that received invitations to operate in Japan.
During the same period, it signed a Memorandum of Understanding (MoU) with Saxo
Markets to develop a platform-based solution aimed to boost operational efficiency.
The platform, built on Saxo’s OpenAPI, includes core functions such as portfolio and
account management and actionable investment-related notices. It even includes a tool
known as the interactive investment journey that enables advisors to deliver
personalised digital experience for clients.