Technology

Singapore's Covenant Capital Adopts Swiss Platform

Tom Burroughes Group Editor 27 June 2019

Singapore's Covenant Capital Adopts Swiss Platform

Using the platform helps firms such as Covenant to cope with continued pressures on wealth managers’ margins from demands for automated solutions, compliance and other forces. 

Covenant Capital, a Singapore-based independent wealth manager, has adopted the investment management and reporting platform powered by e-AMIS, a Profidata service.

In an environment where investors are shifting towards automated solutions, technology will help Asian wealth managers reduce costs and maintain current margins according to PWC’s Asset & Wealth Management 2025 report. The e-AMIS platform allows Covenant Capital to stay at the forefront of this trend, enabling wealth managers to stay relevant while being aligned back to their core role as stewards of clients’ assets.

Profidata is based in Switzerland and also operates in Germany, Luxembourg, the UK and Singapore.

Using the platform helps firms such as Covenant to cope with continued pressures on wealth managers’ margins from demands for automated solutions, compliance and other forces. 

“The integration of technology into our offerings is a key pillar of Covenant Capital’s ambitious growth strategy, which focuses on providing a wider spectrum of services aligned with the investment and wealth planning interests of high net worth individuals and families in Asia," Edwin Lee, Covenant’s chief executive, said. 

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