back Back

NEC launches 3 finance solutions to tackle FinTech challenges in Thailand

By Gloria Mathias

September 15, 2023

  • APAC
  • APAC Fintech
  • FinTech
Share

NEC Corporation, Thailand, Tokyo, Fintech, APAC FintechNEC Corporation (Thailand), an IT consulting company, has announced 3 digital finance solutions that will enable the financial industry in Thailand to modernize and cope with the FinTech challenges.

The three solutions include Wealth Management Solutions; a Sales Engagement Module; and a Universal Lending Platform and were showcased at the Bank of Thailand (BOT) Digital Finance Conference 2023.

NEC worked with Avaloq, an NEC company providing wealth management technology, and BlackRock, a provider of financial technology, to develop a dashboard that enables efficient asset management by providing risk level assessment to allow their customers to make more informed portfolio decisions based upon satisfactory return estimates.

Ichiro Kurihara, President of NEC Corporation (Thailand) Ltd said, “NEC is committed to helping Thailand’s financial institutions of all sizes to embrace digital technologies to reshape the future of their financial services.”

He added, “Although the global investment in fintech in 2023 is lower due to the economic slow-down, fintech investment still remains positive in the long term and its market is expected to grow, especially in the Asia region.”

Wealth Management Solutions (by Avaloq) is an intelligent automation platform designed to allow wealth managers to organize, track and analyse the investments of their clients to achieve investment goals with features covering portfolio building and discretionary mandate management.

Sales Engagement Module increases communications efficiency between consultants and their clients through a secure, seamless, and encrypted conversation via online channels such as LINE, WhatsApp, and Facebook Messenger. With this system, the clients can ensure that their conversation data will be protected and can be always tracked back.

Universal Lending Platform aims to improve loan management and help financial organizations offer loan services more productively. The platform modernizes the entire loan offering process from front-end to back-end systems.

Previous Article

September 15, 2023

Citi unveils 4 payment solutions for financial institutions

Read More
Next Article

September 15, 2023

Deutsche Bank partners with Taurus for crypto asset management

Read More













IBSi Daily News Analysis

Embedded Finance

September 29, 2023

APAC

Banking is becoming byte-sized with rise of Embedded Finance, Temenos study shows

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

September 29, 2023

AMLYZE selected by KREDA as compliance software provider

Read More

September 29, 2023

Marstone and Jack Henry partner to boost digital wealth experience

Read More

September 29, 2023

Flutterwave & Capgemini to launch engineering mobility program in India

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q2 2023

£1,500.00 / year

Know More
Testing & QA for NextGen Bank Tech Q3 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q2 2023

£1,500.00 / year

Know More

IBSi Sales League Table

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