Korean Fintech startup Quantit has signed a three-way MOU with Nice P&I and Hong Kong-based wealth tech company Privé Technologies to cooperate with asset management solutions and related service businesses in the Korean market.
Quantit will lead the development of a comprehensive asset management solution that combines bond data analysis and will expand data-based asset management solutions and push for new businesses.
Privé serves as a domestic and global market supplier of asset management solutions, provides bond data from domestic and international financial institutions, and provides channels that can be distributed by installing it in Privé’s asset management solution. Nice will participate in bond data and will participate in data customer-based Prive’s solution introduction and joint sales.
“We are happy to strengthen the foundation for a stable supply of wealth solution technology recognized by global financial institutions based on Hong Kong Privé Technologies’ trust since its entry into Korea in 2021, and we will complete our work with a sense of responsibility and mission,” said Duck-hee Han, CEO of Quantit.
“Privé’s cloud-based fintech software has been developed by providing services to more than 60 financial institutions around the world, including the world’s largest bank. We will become a collaborative partner to provide global asset management solutions in the Korean market through this MOU,” said David Lee, President of Privé.
These FinTech companies received the Best Disruptive Solution honour at the 7th Technology Award 2021 organized by the global financial magazine Asian Private Banker along with Hong Kong Wealthtech company Privé Technologies.
Quantit is recognized as one of the leading fintech companies in Korea, producing and supplying market-leading (based on return performance verified by the Korean government) diverse models that satisfy the needs of financial investment companies and their B2C clients. With the mission of “Bring Augmented AI Forces in Financial Investment,” Quantit works closely with its parent company “VAIV Company (KOSDAQ Listed),” which is one of the leading AI companies in Korea.
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