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DBS looks to robo solution to boost recurring revenue

DBS Bank has launched a new digital solution, digiPortfolio, in a bid to simultaneously lower management fees and increase recurring revenue, the lender’s regional head of investment products and advisory, consumer banking group and wealth management, told Asian Private Banker. Co-developed with Hong Kong-based robo-advisory firm Quantifeed, DBS’s digiPortfolio is the lender’s take on robo-automated portfolio investing. The solution —…

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