RBC Investment Management (Asia), a division of Royal Bank of Canada, has licensed Brainpower Finest for the analysis of Asian Pacific investments and portfolio management. The deal marks Brainpower's first contract win from its recently opened Hong Kong office.
Rocco Pellegrinelli, chief executive officer of Brainpower, states: "It is particularly rewarding to acquire such a prestigious client in Hong Kong after only three months of operation...and is a further validation of the recent international expansion of the company."
The software will provide the bank with full personalisation of investment strategies for stocks using sophisticated analytics and a complete range of customisable indicators.