WealthRyse, a prominent provider of digital wealth management solutions, is delighted to announce its recognition at the 2024 FinanceAsia Awards. This esteemed event, now in its 28th year, celebrates exceptional accomplishments in the financial industry across the Asia-Pacific region. The award, presented in the category of “Most Innovative Use of Technology”, underscores WealthRyse’s commitment to driving innovation and revolutionising the wealth management sector.
David Lee, co-founder of WealthRyse, expressed gratitude for the esteemed award, emphasising the team’s unwavering efforts in developing cutting-edge solutions for the wealth management industry. He also highlighted that receiving this recognition from FinanceAsia validates their mission to empower wealth advisors and asset managers, enabling them to deliver personalised and scalable portfolio management services to their discerning clients.
Utilising its advanced AI engine and proprietary data lake, WealthRyse offers a robust B2B2C solution to the industry. Their flagship platform, Genisys, provides a seamless “plug-and-play” experience, featuring an intuitive user interface reminiscent of a Bloomberg terminal. Genisys supports wealth advisors and asset managers in expanding their portfolio management services digitally, acting as a trusted asset management “co-pilot”. This, in turn, enhances operational efficiency and delivers hyper-personalisation for investors by swiftly generating optimal rebalancing strategies and data-driven recommendations.
The platform, Genisys, sets itself apart by being able to transparently explain its recommendations, fostering trust with end investors. Its adaptability, learning capabilities, and continuous retraining allows advisors to create familiar portfolios aligned with client preferences, especially as the financial industry moves towards hyper-personalisation. The platform, which is currently operational with an active user base and a robust pipeline of prospective clients, aims to become the dominant buy-side platform widely used by the next generation of wealth and asset management professionals.
WealthRyse has previously won various awards, including recognition for “Best Client Advisory Solutions Platform by a Vendor” and “Best Disruptive Solution”. Additionally, the company is actively expanding its client pipeline, implementing the platform with customers in Asia, and engaging additional global collaboration partners. It is also participating in global R&D programs in line with its long-term vision of creating an ecosystem for wealth managers and financial advisors to efficiently distribute products and services through a single platform.
Bernard Lee, the other co-founder of WealthRyse and former Managing Director at Blackrock’s Portfolio Management Group in New York, highlighted the positive social impact of WealthRyse’s efforts in fully automating wealth and asset management using real-time AI. As global concerns such as rising inflation, increasing retirement costs, aging populations, and environmental issues continue to grow, WealthRyse’s contribution aims to create a more sustainable financial landscape for the planet.
WealthRyse is a leading provider of portfolio management solutions, dedicated to empowering wealth advisors and asset managers to digitally scale their business by offering automated portfolio rebalancing services using AI. The company’s platform aggregates real-time market data, providing wealth managers with a comprehensive and customized range of investment products to build well-diversified, client-centric portfolios. For further information, visit https://wealthryse.ai/.