iFAST recognised for finance excellence with two wins at HKB Technology Excellence Awards

The company earned dual recognition at the Hong Kong Business Technology Excellence Awards, receiving accolades in both the API - Financial Technology and Wealthtech - Financial Services categories.

iFAST Financial (HK) Ltd., a wealth management Fintech platform and subsidiary of iFAST Corporation Ltd headquartered in Singapore, offers a comprehensive range of investment products and services to financial advisory firms, financial institutions, banks, multinational companies, as well as retail and high net worth investors in Asia. The company's groundbreaking initiatives have recently garnered double recognition at the Hong Kong Business Technology Excellence Awards, reaffirming its dedication to driving innovation and technological progress in the financial sector.

Revolutionising Bond Trading with High-Performance Solution

One of iFAST's notable achievements comes in the API - Financial Technology category, where it was honoured for its Bond API solution. This innovative offering revolutionises bond trading by providing high-performance API trading and execution capabilities.

Recognising the evolving financial landscape, iFAST developed the Bond API solution to offer institutional investors a seamless and efficient trading experience. Built on cutting-edge technology, the iFAST Bond platform ensures optimal execution, real-time quotes, and efficient order placement, allowing investors to streamline their trading processes and make well-informed investment decisions. By automating bond trading, iFAST has achieved faster, more accurate, and less labour-intensive outcomes, benefiting their clients by saving time and money, whilst also providing valuable insights into market trends and risk management.

"Our platform has revolutionised the way bond trading is conducted, improving the bottom line of our clients whilst enhancing their ability to serve their own customers. We are proud of the impact we have had on the industry and excited to continue innovating and driving change in the years ahead," said Glory Lau, General Manager of Platform Services at iFAST Financial HK.

An All-in-one B2B2C Solution for Wealth Management

In addition to the API - Financial Technology award, iFAST was also recognised in the Wealthtech - Financial Services category for its WealthConnect solution. WealthConnect is an all-in-one B2B2C white-label solution designed to transform wealth management services. This flexible platform empowers financial institutions to customise their wealth management offerings according to their specific branding and business needs, whilst also facilitating the addition of new features and services as their businesses expand.

Lau elaborated on the benefits of WealthConnect, emphasising, "With our 20 years of experience in the wealth management industry, we provide an all-in-one solution that eliminates the need to find multiple vendors to handle transaction process, project management, UXUI, compliance, and development. This streamlined approach significantly reduces the time required to launch the product, enabling financial institutions to bring their wealth management offerings to market faster."

iFAST's Wealthtech empowers financial institutions worldwide by offering tailored and cost-effective wealth management solutions that can be fully customised. The company's commitment to prioritising investors' needs and building trust with wealth advisors has solidified its position as Asia's leading wealth management platform. iFAST takes pride in introducing new programs to clients whilst continuously exploring ways to enhance services and expand its reach across Asia.

By receiving these awards, iFAST Financial exemplifies its dedication to providing innovative technological solutions for the benefit of its clients, enhancing convenience for both clients and investors and contributing to the transformation of the traditional wealth advisory business. The double win underscores the company's significant impact on the industry and its exciting future as it continues to innovate and drive change in the years ahead.

The Hong Kong Business Technology Excellence Awards is presented by Hong Kong Business Magazine. To view the full list of winners, click here. If you want to join the 2024 awards programme and be acclaimed for your company's outstanding contributions in pursuit of technological innovation, please contact Julie Anne Nuñez at [email protected].