back Back

Key Private Bank selects Proteus to offer alternative investment solutions

By Leandra Monteiro

July 21, 2022

  • Accredited Investor
  • Alternative Asset
  • Alternative Investments

Key Private Bank Proteus, LLC announced it has been selected by Key Private Bank for its preferred alternative asset platform for Accredited Investors. The firm will use Proteus’ technology platform and related infrastructure to seamlessly offer alternative investments to both their Accredited Investor and Qualified Purchaser clientele.

Proteus and Key Private Bank will collaborate to offer a set of alternative strategies exclusively to an array of its wealth management clients. The first strategy will launch on August 1, 2022, and will focus on private credit. These products leverage the collective industry expertise and insights of both firms along with Proteus’ research partner, Callan.

Once constructed, wealth management clients who are accredited investors will benefit from Proteus’ technology platform to invest in hard-to-access and differentiated strategies, monitor performance, and manage their alternative portfolios. The Proteus platform will also be tightly integrated with the Key Private Bank’s existing reporting solutions to provide a seamless experience for their clients.

“We are thrilled to announce this relationship that highlights our unique position and capabilities in the alternative asset space,” said Eric Knauss, CEO at Proteus. “There are several providers in the market that offer partial alternative solutions, but none that offer the same breadth of services and efficiency of Proteus. The Key Private Bank research team is deeply skilled and knowledgeable of alternative investment strategies and was focused on understanding the details of the solutions available on the market today.”

“We are excited to be working with the team at Proteus to deliver new strategies that offer portfolio diversification and enhanced return opportunities for our clients, while maintaining our unwavering commitment to upholding our fiduciary standard,” said George Mateyo, Chief Investment Officer at Key Private Bank. “We are committed to being a wealth management leader which includes our commitment to offering our clients access to industry-leading alternative strategies in the most efficient manner possible.”

The Proteus technology platform has been designed and developed to offer client-specific product offerings and investment vehicles. For a fully customised alternative platform, Proteus can mobilise and launch a solution for a client within days rather than months and with absolutely no custom development required.

“Their selection of Proteus not only evidences our unique capabilities but also our ability to offer bespoke solutions quickly, efficiently, and cost-effectively,” Knauss added.

Proteus offers a wide variety of solutions to Accredited Investor and Qualified Purchaser clients ranging from access to individual managers, managed strategies, comprehensive alternative asset management models, and fully custom strategies like the one being deployed for KeyBank’s wealth management business.

Previous Article

July 21, 2022

Ping Identity helps Flinks empower FinTech innovators

Read More
Next Article

July 21, 2022

Starling Bank announces a full year of profits

Read More

IBSi Daily News Analysis

digital wallets

March 01, 2024

Accredited Investor

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 01, 2024

Hecto Financial eases cross-border transactions with new solution

Read More

March 01, 2024

additiv expands Middle East presence with new office in Dubai

Read More

March 01, 2024

FinTech Fello launches Fello 2.0 to boost savings & rewards ecosystem

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023