简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Monex will offer asset management services to the lender's clients. The new structure's functions are anticipated to begin in January 2024.
Monex Inc, located in Tokyo, has announced the completion of a contract with AEON Bank for cooperation in the financial instruments intermediary sector.
The two corporations are now seeking government clearance to begin offering services under the new framework in January 2024.
According to the deal reached on Tuesday, Monex will offer asset management services to AEON Bank clients. By using Monex's capabilities, the Tokyo-based lender will also intend to produce new goods and a varied product selection. It was said that the cooperation will increase AEON Bank's product and service offerings, including mutual funds, from 300 to 1,200.
“By entrusting Monex with system administration and back-office operations connected to the asset management business, AEON Bank will be able to move management resources to improve and increase the quality of its services for higher customer satisfaction,” according to the official release.
Through a corporate separation, the lender will transfer the rights and duties of its clients' mutual fund accounts to Monex. Customers of AEON will also get assistance from both the lender and Monex.
“After the Partnership goes into force, AEON Bank will continue to market mutual funds as a financial products brokerage agent commissioned by Monex, while Monex will execute client transactions and maintain customer accounts,” according to the release.
Partnership Expansion Is Expected
The two financial service providers will collaborate to create and evaluate new products and services that will enable clients to simply begin asset management. The goal is to lower the asset management entrance barrier so that users may acquire mutual funds in modest quantities using AEON-issued credit cards.
Furthermore, the two firms will investigate the possibility of enabling AEON consumers to invest using credit card points.
“Monex and AEON Bank will continually analyze the Partnership's prospective options, like as collaborative marketing initiatives, to further promote customers' asset creation that improves their lives,” according to the release.
Find out more Monex news here: https://www.wikifx.com/en/dealer/7301336244.html
Stay tuned for more forex broker news.
Download and install the WikiFX App on your mobile phones to stay updated on the latest news, even on the go.
Download link: https://www.wikifx.com/en/download.html
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
eToro collaborates with X to offer live and on-demand financial education, enhancing investment knowledge through videos, posts, and Spaces.
This must-read article emphasizes the importance of prioritizing risk management over chasing profits in online trading, outlining key strategies to protect capital and achieve long-term success.
The UK Financial Conduct Authority (FCA) has announced the cancellation of the authorization granted to Global 4X Limited as an authorized payment institution (API). This decision comes after a thorough review revealed that the firm no longer meets the necessary conditions for holding such authorization.
Taiwan has established an industry association for its cryptocurrency sector, guided by the government, to enhance oversight and implement self-regulatory guidelines for virtual asset service providers.