Singlife has appointed Dutch investment decision technology and solutions provider Ortec Finance as its strategic asset allocation consultant.
Ortec Finance is slated to open a Singapore office in 2024 to support its growing client base in Asia.
Through the partnership, Singlife will work with Ortec Finance to develop and implement a more sophisticated asset allocation strategy that takes into account the company’s specific risk tolerance, time horizon and investment objectives. This will help the company to optimise its risk and capital management while meeting its long-term return objectives.
Singlife will also use Ortec Finance's GLASS solution to automate and streamline its investment decision-making process for Asset Liability Management and Strategic Risk Management. Through its scenario-based portfolio optimisation method that models the dynamic relationships between assets, GLASS will provide Singlife with greater insights into the factors driving risk and return dynamics within their portfolios.
Lastly, Singlife and Ortec Finance will work together to develop and implement innovative investment solutions that meet the needs of customers. The two firms will exchange their knowledge and expertise with other financial institutions to drive innovation throughout the industry.
“Together, we can continuously drive innovation in the industry and deliver exceptional outcomes for all our stakeholders,” says Singlife group CIO Kim Rosenkilde.
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