The rush to capture a share of the growing mass affluent market in Indonesia is about to get even more competitive following news of a new digital tie up.
Additiv Asia and iKonsultan Inovatama (IKON) have formalised their partnership paving the way for the delivery of digital wealth management solutions to the local Indonesian market.
On the back of 12 months of cooperation, the new partnership will provide access to the local Retail Banks, Private Banks, Insurance companies and Asset Managers.
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Additiv is a provider of hybrid and full-digital investment solutions for the wealth management industry and is already a strategic partner of leading financial institutions.
The local presence of IKON’s consultants in Jakarta and their knowledge of idiosyncrasies within the Indonesian financial sector is expected to strengthen synergies between both companies.
«It is a strategic decision for us to accelerate our development in the Indonesian market and support our regional and local clients in addressing the needs of the fast growing middle-class,» said Edy Susilo, Project Director at Additiv Asia, and a Senior member of the South-East Asian project delivery team.