money-design-logoA Japanese financial firm, MONEY DESIGN which provides THEO, a Japan’s first discretionary investment management service for smartphone using its proprietary robo-advisor’s algorithm, announced that the company signed a memorandum of business alliance with DSB Co., Ltd. which has engaged in outsourcing services of securities business.

DSB-logoThe business alliance with the leading securities backoffice service provider “DSB”, aims to provide banks and securities companies which mainly conduct face-to-face transactions with ETF-apecific discretionary investment management service by MONEY DESIGN’s robo-advisor. This alliance allows the financial companies to provide cost-efficient and higher value-added investment plans tailormade for each customer, and MONEY DESIGN to expand its customer base by reaching customers whom online services used to be unable to attract.

(Source: MONEY DESIGN )

Related Articles: