Privé Technologies has been chosen by the Shinhan Group, one of the Top 3 South Korean Financial Groups. The goal of the collaboration is to implement Privé’s wealth management platform and include a brand-new portfolio review tool known as S-Ray.

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‍S-Ray is an abbreviation for ‘Shinhan-Reviewing & Analyzing Your Portfolio’, its goal being to leverage statistics to give clients an in-depth breakdown and understanding of their portfolios.

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The first of its kind in the South Korean securities market, S-Ray is a revolutionary tool that seeks to introduce a comprehensive review process to portfolios. The tool will help investors to manage risk and meet investors needs through the thorough statistical analysis of their portfolios. S-Ray will be able to generate reports providing clear breakdowns of an investor’s portfolio, including risk/reward, cumulative returns, scenario analysis, predicted behavior and suggested funds. In addition, it will also help to significantly improve the advisory and consulting journey by combining it with other products and services offered by Shinhan Investment.

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S-Ray targets high value investments and assets of more than 1 billion won (approximately 770 thousand US dollars) and will be officially launched in the second half of the year.

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‍About Privé Technologies:

‍Founded in 2011, Privé Technologies is a leading Software as a Service (SaaS) provider digitizing wealth management services of Banks, Asset Managers or Insurers. Our suite of products spans from client acquisition, digital onboarding and robo-advisory solutions, to portfolio construction, AI optimization, portfolio management (PMS), portfolio monitoring and reporting, to account aggregation, and more. Our lego block approach allows clients to choose and assemble unique journeys using Privé modules to suit their individual needs, such as fully digital Advisor-led wealth management journeys or end-to-end robo-advisory solutions. Privé Technologies services over 70 blue-chip clients across 16 markets globally and currently has offices in Hong Kong, Singapore, Taiwan, South Korea, Thailand, Germany and Austria.

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‍DISCLAIMER: This press release is for information purposes only. Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Privé does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Privé and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. Privé assumes no obligation to update any information contained herein.