KBC taps Objectway for roboadvisory service
Objectway, a leader in the Digital Wealth & Asset Management software, and KBC Bank have announced, at the beginning of this year, the market launch of the new roboadvisory service, Matti from Bolero, supported by components of the Objectway WealthTech Suite.
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Objectway provided portfolio management, rebalancing and proposal generation capabilities in an ‘as-an-engine’ model towards Matti, the smart investment assistant of Bolero, KBC’s online retail broker.
KBC Bank is a premiere Belgian-based bank with more than 3.5 million clients and 518 bank branches across the country. By implementing this project, KBC is confident that the new offering will attract existing and new clients and sees it as a further step in the area of the digitally assisted investment. KBC aims to potentiate and complement the existing execution-only Bolero platform, broadening its reach through roboadvisory services.
Werner Eetezonne, CEO of Bolero, declared: “At Bolero we always strive for the best possible and most performant solutions for our self-directed investors. The same goes for our latest smart investment assistant Matti. We are always looking for solid partners with a proven track record to support us in realizing our commitment towards our customers. Hence the choice for Objectway was an obvious one.”
“We are delighted KBC Bank has selected Objectway to be their prime partner in this project to extend KBC’s self-directed investment capabilities, proving to their clients that it has state of the art offering,” commented Luigi Marciano, CEO and Founder of Objectway. “This project testifies how our Portfolio Management component can be a multi-purpose application, used both by wealth managers for discretionary portfolio management, and also for self-directed investment management.”