In an effort to provide a consolidated client view of their wealth across markets and insurance, Singapore-based Lighthouse Canton has introduced a new platform built in partnership with fintech firm Keenai.
Keenai Global has launched Keenai Wealth in Singapore – platform that provides accredited investors and their advisers a single account to provide a consolidated view for public markets, private funds, private credit, and insurance – according to a statement.
The wealth platform was built in partnership with Lighthouse Canton, a Singapore-headquartered wealth firm managing USD6 billion for institutional and private clients. Other launch partners include payments firm Airwallex, asset manager Fullerton Fund Management, digital business platform Sleek, as well as digital insurers Poni and KoverNow.
Fragmented landscape
The statement noted that accredit investors face a “highly fragmented wealth management landscape”, with different asset classes held at various institutions, sometimes relying simply on a spreadsheet for tracking.
“Today, wealthy individuals and their advisers are held back by systems that were never designed to manage a client’s wealth holistically. They neither bring all the information together in one place, nor make the products easily accessible. Keenai Wealth was built to change that by empowering investors to ensure their capital works harder across the entire financial picture,” said Shilpi Chowdhary, founder and group CEO of Lighthouse Canton and Keenai Global.
