Barclays Wealth launches online platform
Barclays Wealth Intermediaries, the offshore advisory service provided by Barclays Wealth, has created a new banking and investment platform, designed to bring its operations in Switzerland and Singapore closer together.
The new platform covers the bank's front, mid and back-office functions, and moves clients closer to the market with a faster online response time for a variety of financial instruments.
The new service provides various services, including information in simplified and traditional Chinese, alerts messaging, market data, management information and audit trail, credit aggregation, single client view, and single European Payment Advice specification.
Barclays Wealth Intermediaries provides financial advice, products and services to intermediaries and offshore corporates seeking offshore structuring and financial services. The move is part of BWI's plan to double the size of the business over the next two years.
Peter Horrell, managing director, Barclays Wealth Intermediaries, said: “Our intermediary clients tend to have some of the most complex banking and financial services needs dealing with multifaceted structures. The new service will help us cater for those needs and in turn enable them to work more seamlessly across multi-jurisdictions.”
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