Technology
Digital Digest: The Latest Tech News – ING Belgium, Abbove
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The latest technology news in the wealth management sector from around the world.
The European wealthtech firm, Abbove, has deployed its wealth
planning platform at ING Belgium, part of ING.
The bank is making a new digital wealth planning platform
available to its personal banking and private banking
clients – NG Financial Compass. It is built on
Abbove technology and specially adapted to its advisory model,
Abbove, a Belgian firm and founded in 2017, said in a
statement late last week.
Clients can centralise information about their wealth, view their
overall situation and track how it evolves over time. It also
helps structure family, financial and estate information to
prepare for the major milestones of a family's wealth journey and
anticipate succession matters.
For advisors, this global view serves as a basis for dialogue,
deepening conversations with families and identifying the most
relevant solutions for their goals.
Abbove uses a white-label business-to-business-to-client model,
which it says is used by more than 1,200 advisors to
support nearly 40,000 families, representing over 200,000
individuals across Europe. Its clients include BNP Paribas
Fortis, Deutsche Bank, ING and Quintet Private Bank.