The financial planning division of ING has this week launched a funds distribution platform that gives retail investors access to more products and better information on portfolio performance. The application uses data available through the SWIFTNet Funds messaging system and is a first of its kind in Asia.
The technology is made possible because it utilizes a Microsoft adaptor called Biztalk, explains Kathryn Dioth, head of operations for ING Financial Planning in Hong Kong.
This brings fund distributors into the world of electronic messaging, says Dioth. Financial planning organizations haven't traditionally had a lot of money to invest in technology and nor have they had the...
