Fintech platform iCapital has joined hands with the private banking arm of HSBC to further enable client access to alternatives.
iCapital will provide HSBC Global Private Banking access to its digital marketplace of alternative investments, according to a statement. The solution will be fully integrated into HSBC’s platform to «digitalize the private market investment experience for its relationship managers, investment counselors and operations teams».
«Through this collaboration with iCapital, we are poised to make a broader range of alternative investment opportunities more accessible to our clients,» said Jan-Marc Fergg, global head of ESG and managed solutions, HSBC global private banking and wealth.
The solution will initially be deployed in Hong Kong and Singapore before gradually expanding to other markets