Tiger Brokers launches B2B segment for financial institutions

THEEDGE 2021-09-01

NASDAQ-listed Tiger Brokers (Singapore) has launched its business-to-business (B2B) segment with its institutional partners on Aug 20, where Tiger Brokers provides its clients with technological solutions that include advanced portfolio and risk management tools.


Through these tools, fund managers and professional advisors can manage accounts and assist their clients to invest easily.


Singapore-based financial advisory firm PFPFA is the online brokerage’s first launch partner.


Through the partnership, PFPFA’s clients will gain access to Tiger Broker’s tech-driven trading platform.


“A Temasek survey showed that only 13% of the banking and insurance industry use AI solutions. We see the power of technology in disrupting the digital investment space globally, especially in Singapore, which is why we are immensely excited to launch our B2B segment,” says Grace Yong, director of institutional sales at Tiger Brokers.


“The launch follows the highly encouraging uptake which we have seen in Singapore for our consumer business on Tiger Trade, something we hope to replicate,” she adds. “For Tiger Brokers’ B2B partners and clients, this brings a proven technology platform and leverages the direct credibility of Tiger Brokers’ parent company, UP Fintech Holding Limited.”


Simon Ng, managing director for partnership and distribution operation, PFPFA says the partnership can “create more value” for PFPFA’s clients by “leveraging on Tiger Brokers’ one-stop wealth management solutions”.


Photo: Tiger Brokers