HK robo-advisor Quantifeed raids banks for top staff posts
01 November 2016 | 3090 views | 0
Quantifeed, a leading provider of digital wealth management solutions in Asia Pacific, today announced the appointment of Audrey Wong in the combined role of Chief Operating Officer and Chief Financial Officer, alongside several other key senior hires in Hong Kong and Australia.
The Hong Kong based company is moving ahead with regional expansion after announcing successful completion of a US$4.5 million Series A round in July.
Audrey Wong brings strong financial and operational experience, coming from Bank of America Merrill Lynch, where she was COO of Asia Pacific Equities in Hong Kong. Her career spans more than 15 years in the investment banking sector, including roles as CFO and COO.
"I'm delighted to be joining a fast-growing FinTech company that has already established a strong reputation and track record in the region," said Ms Wong. "As the company grows across Asia Pacific, I will be focusing on working with the management team to deliver on Quantifeed's business strategy, and achieving growth in a sustainable way."
Quantifeed's technology is rapidly gaining traction among financial institutions who are looking to offer an enhanced online wealth management experience for their customers and advisors via robo-advice. The company's highly scalable digital solution for financial institutions, has been designed to integrate with existing systems, reducing the time and cost of implementing new technology for corporate clients. The platform offers automated investing functions based on life goals, risk assessment and investment themes for consumers and wealth advisors.
Key appointments also include:
• Graeme Brant, based in Sydney, is Senior Executive for Strategic Partnerships and drives the company's business in Australia. Graeme brings strong expertise in investment products and distribution to institutional, high net worth, and retail investors. Graeme's career in financial services covers over 20 years, with senior posts at Merrill Lynch and Macquarie Bank;
• Dominic Chan, based in Hong Kong, will be joining by year end as a Senior Executive for Strategic Partnerships responsible for distribution in North Asia. He has over 16 years of experience from leading financial institutions including Standard Chartered Bank and JP Morgan; and,
• Chi-Leung Fung, based in Hong Kong, is Senior Developer of Operations. Chi-Leung, a former Director at Bank of America Merrill Lynch, brings expertise in platform engineering and technology in electronic trading and derivatives.
"These hires demonstrate the company's commitment to helping wealth management businesses in Asia execute their strategy in a digital world," said Alex Ypsilanti, CEO and co-founder of Quantifeed. "We are tremendously fortunate to have people of this caliber on the team. They will be instrumental in helping us grow and scale our business across Asia."