Oct 6, 2020 2:30 AM ET
iCrowd Newswire – Oct 6, 2020
Banorte Asset Management, the wealth management division of Banorte Ixe Securities International, a financial institution with more than 100 years of track record providing sound financial guidance, announced it has partneredwith BCP Global to launch its digital platform BAM Digital.
Through BAM Digital, clients that previously did not have access to international markets, due to the high minimum requirements, now will be able to open an account in just 10 minutes and start investing in globally diversified portfolios designed by BlackRock.
With this strategic partnership, Banorte Asset Management, will be able to cater to the mass-affluent- market, an unattended and rapidly growing segment not only in Mexico but across Latin America as well.
“We are thrilled that Banorte Asset Management has chosen us to develop their fully digital platform” says Santiago Maggi, Managing Partner at BCP Global. “Leading wealth management firms are looking to increase productivity, lower costs, and open new markets using smart technology”.
“The mass-affluent-market presents an amazing opportunity and is ready to be disrupted” says Xavier Ibarrola, CEO of Banorte Ixe Securities. “This segment has limited alternatives to invest and mainly leaning on generic advice, self-executing rather than relying on experts with specialized tools”
About Banorte Asset Management
Banorte Asset Management is the wealth management division of Banorte Ixe Securites International, the brokerage arm of Mexican financial services company Grupo Financiero Banorte. A leading financial institution with more than 100 years track record providing sound financial advice. To learn more about Banorte Asset Management, visit https://www.banortesecurities.com
About BCP Global
BCP Global is a leading provider of digital solutions for financial institutions and advisors. Based in Miami, Florida with a presence throughout Latin America, BCP Global is dedicated to helping its customers increase their productivity, lower costs, and open new markets through technology. BCP Global has a strategic alliance with BlackRock to create globally diversified and tax-efficient portfolios. To learn more about BCP Global, visit https://www.bcpglobal.com
Keywords: Banorte, bcp, fintech, Latin America, finance, digital