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Security Bank drives digital transformation of wealth management business with Avaloq

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ZURICH, Feb. 28, 2024 /PRNewswire/ — Philippines-based Security Bank has entered a new partnership with Avaloq, a leading provider of wealth management technology and software. The bank aims to digitalize its wealth management business with the Avaloq Core Platform and to roll out Avaloq’s Relationship Manager (RM) Workplace solution to strengthen its front office. The new partnership will further streamline the bank’s operations while creating an enhanced client experience.

Security Bank is one of the Philippines’ best-capitalized private universal banks, providing bespoke financing, leasing, foreign exchange, stock brokerage, investment banking, and asset management services. Since launching its Wealth Management business in 2017, the bank has grown its wealth management assets under management by a CAGR of 44% and has expanded its client base by a CAGR of 40%. For these results, Asiamoney has recognized Security Bank as Best for HNWs (high net worth) in the Philippines for three consecutive years in 2023, 2022 and 2021. To address the growing demand for bespoke wealth management services, Security Bank has partnered with Avaloq to drive the digitalization of the bank, optimize its front office, and create a solid operational foundation for its continued growth over the long term.

The bank’s new wealth management platform will automate and standardize workflows and enable Security Bank to offer a full spectrum of bespoke investment advisory services and products for its high net worth and affluent clients. Thanks to the native automation capabilities of the Avaloq Core Platform, Security Bank can benefit from high straight-through processing (STP) and service accuracy rates for payments, securities and fund processing, which will improve operational efficiency. This means that Security Bank can focus more resources on providing personalized service, creating new innovative offerings, and expanding into new markets and client segments.

Avaloq’s intuitive RM Workplace solution will provide Security Bank’s relationship managers with a complete overview of client profiles and portfolios, ensuring more targeted communication and simpler transaction management to boost productivity and foster closer client relationships. This will also enable the bank’s relationship managers to offer tailored investment advisory services to a larger, more diverse client base. The solution can be fully customized based on the bank’s needs and is seamlessly integrated with the Avaloq Core Platform.

Arnold Bengco, Financial Markets Head at Security Bank, said: “The bank’s strategic partnership with Avaloq will strengthen our wealth management capabilities even further. We continue to innovate our financial markets products to meet the evolving needs of our clients. With this acute focus to deliver tailored solutions and distinct BetterBanking service, we’re confident our new platform will attract incremental investment AUM and help deepen customer relationships with our Bank.”

Lucose Eralil, Executive Vice President Head Enterprise Technology & Operations at Security Bank, said: “This new partnership with Avaloq reflects our commitment to digitally transforming our bank to deliver exceptional value to our clients and stakeholders and to become the most customer-centric bank in the Philippines. With Avaloq’s specialized wealth management platform and RM Workplace solution, we can further expand our wealth management business to help individuals and businesses in the region grow and preserve their wealth. I look forward to strengthening our partnership with Avaloq over the years to come.”

Pascal Wengi, Managing Director for Asia Pacific, the Middle East and Africa at Avaloq, said: “We are firmly committed to supporting Security Bank on its digitalization journey across the front, middle and back office. By automating end-to-end processes, from order entry to reporting, the Avaloq Core Platform will provide the operational foundation for the future growth and success of the bank’s wealth management business. At the same time, our RM Workplace solution will empower the bank’s relationship managers, helping them to build lasting relationships with their clients. We are proud to work closely with Security Bank to support the growth of the Philippines’ wealth management sector.”

About Avaloq

Avaloq is a premium provider of front-to-back software and services for over 160 financial institutions around the world. Our clients include private banks, wealth managers and investment managers, as well as retail and neo banks. We develop software that can be deployed flexibly through cloud-based software as a service (SaaS) or on-premises, and we offer Banking Operations through our business process as a service (BPaaS) model. Avaloq is a subsidiary of NEC Corporation, a global leader in the integration of IT and network technologies.
www.avaloq.com

Logo – https://mma.prnewswire.com/media/2348344/Avaloq_logo.jpg

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TCL Inspires Her Greatness at the FIBA Women’s Basketball World Cup 2026

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35 minutes ago

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September 5, 2026

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As a FIBA Global Partner, TCL brings TCLforHer to life through technology-enabled fan experiences that celebrate women athletes, connect fans, and extend the energy of the game beyond the court.

BERLIN, Sept. 5, 2026 /PRNewswire/ — The FIBA Women’s Basketball World Cup 2026 takes place in Berlin this September, with the world’s top women’s basketball teams competing on the sport’s biggest stage. As a FIBA Global Partner, TCL is bringing its TCLforHer initiative to life at the tournament with a series of technology-enabled fan experiences that let standout performances by women athletes be seen, shared and celebrated by audiences worldwide.

With the FIBA Women’s Basketball World Cup 2026 taking place in Berlin alongside IFA 2026, TCL is using this rare meeting of global sport and consumer technology to connect the energy of the court with the future of smart living.

“The FIBA Women’s Basketball World Cup is a powerful platform for celebrating the confidence, resilience and teamwork that define women’s basketball,” said Wei Xue, Vice President and ESG Director of TCL Technology and Chairman of the TCL Charity Foundation. “Through TCLforHer and our partnership with FIBA, TCL is using technology not only to enhance the fan experience, but also to help the stories and achievements of women athletes inspire more women around the world.”

TCLforHer Champions Women’s Sport On and Off the Court

During the tournament, the TCL Player of the Game award will honor standout performances across 36 games, recognizing the skill, strength, leadership and resilience shown on the court.

Beyond the court, TCL’s commitment to celebrating women’s achievements extends through TCLforHer, a global initiative launched in 2021 that brings together technology, sport, and education to support women’s personal development. Through FIBA’s “Her World, Her Rules,” TCL encourages girls and women to build confidence, challenge limitations and pursue their potential through sport.

From the Court to the Living Room, TCL Brings Elite Sport Closer to Fans

TCL’s support is visible throughout the tournament through courtside advertising boards, on-court decals, media backdrops and a dedicated fan interactive booth at Berlin Arena, while fan activations—including TCL Lucky Frame, giant TIFO display and TV giveaways—turn live game highlights into memorable fan moments.

Outside the arena, TCL is extending the passion of the game to home entertainment and mobile through TVs, RayNeo glasses, and mobile devices. Whether watching the game on a large living-room screen, exploring more personal viewing through wearable displays, or following and sharing moments on mobile devices, TCL is bringing the game’s energy into more everyday settings through a richer range of on-screen experiences.

Inspiring Greatness Through Global Sports Engagement

Sport is a key pillar of TCL’s global brand strategy and a shared language through which it creates emotional connections with audiences across cultures. Spanning football, basketball, American football, esports, and more, TCL is building a global partnership network that connects fans with world-class sport.

As an Official Worldwide Olympic and Paralympic Partner and FIBA Global Partner, TCL brings international sporting moments into everyday life through its display technologies, smart home appliances, and smart living experiences. Beyond these global sports platforms, TCL is also connecting with fans locally through football partnerships with major European national teams and clubs, creating more everyday touchpoints for fans to experience their favorite sports and teams. Together, these partnerships help TCL bring fans closer to their favorite athletes and teams, igniting more moments that Inspire Greatness every day.

About TCL

Founded in 1981, TCL—short for “The Creative Life”—is dedicated to empowering smarter, healthier lifestyles through next-generation experiences. Operating through two independent entities, TCL Industries and TCL Technology, TCL delivers innovative solutions spanning TVs, smartphones, audio products, smart home devices, display technologies, and clean energy.

Today, with 50 R&D centers and 47 manufacturing bases globally, TCL operates in over 160 countries and regions, reinforcing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. 

https://www.tcl.com/global/en
 

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SOURCE TCL Technology Group Corporation

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TWSE deepens global capital market partnerships in London

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2 hours ago

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September 5, 2026

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TAIPEI, Sept. 5, 2026 /PRNewswire/ — The Taiwan Stock Exchange (TWSE) will lead a delegation to London this September to strengthen investor engagement for Taiwan-listed companies, promote the Asian Asset Management Center (AAMC) initiative, and deepen collaboration with global financial institutions.

The visit comes as international participation in Taiwan’s equity market continues to expand. Foreign investors’ share of TWSE-listed market capitalization increased from 39.56% in 2022 to 48.61% in the second quarter of 2026, approaching half of the market’s total value and underscoring their increasingly important role in connecting Taiwan-listed companies with global capital.

“London is a key market for Taiwan as we deepen engagement with global investors and financial institutions,” said TWSE Chairman Sherman Lin. “Through this visit, we look forward to showcasing the latest developments and strengths of Taiwan’s companies and capital market, advancing the Asian Asset Management Center initiative, and strengthening two-way connections between Taiwan and global capital markets.”

Following the successful investor outreach program in New York in March, TWSE will partner with SinoPac Securities in London to facilitate meetings between Taiwan-listed companies and institutional investors. A luncheon presentation will also provide investors with an update on developments in Taiwan’s capital market and its investment opportunities.

TWSE will participate in the Taiwan Financial Briefing Forum – London Edition, jointly organized by the Taiwan Academy of Banking and Finance and Z/Yen Group. Under the theme, “Unlocking Taiwan’s Edge as Asia’s Asset Management Hub,” the forum will showcase Taiwan’s deep and liquid capital markets, substantial private wealth, and growing demand for wealth management services. TWSE will also highlight the policy direction of the Asian Asset Management Center initiative and its role in supporting Taiwan’s development as a leading asset management hub in Asia.

About TWSE

The Taiwan Stock Exchange (the TWSE) commenced operations on February 9, 1962, and is responsible for operating and advancing Taiwan’s securities market. Its core business activities include listing, trading, clearing and settlement, and market surveillance. These functions encompass listing promotion and review, post-listing supervision and corporate governance, maintaining orderly market operations, securities firm services, investor protection, clearing and settlement activities, safeguarding against market defaults, and monitoring illegal trading activities. Through these efforts, the TWSE provides comprehensive services to support the development and integrity of Taiwan’s securities market.

View original content:https://www.prnewswire.com/apac/news-releases/twse-deepens-global-capital-market-partnerships-in-london-302870637.html

SOURCE Taiwan Stock Exchange (TWSE)

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Asia-Pacific Media Forum Launches “Gather in Shenzhen, Create a Better Asia-Pacific” Media Cooperation Initiative

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2 hours ago

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September 5, 2026

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SHENZHEN, China, Sept. 5, 2026 /PRNewswire/ — Shenzhen is a city born from China’s reform and opening-up. In just over four decades, it has grown from a small fishing village into a modern international metropolis. It is a remarkable story of development created by the Chinese people, and a window through which the world can better understand China.

As part of the overall outcomes of Asia-Pacific Media Forum, Shenzhen is launching three long-term initiatives under a media cooperation program titled “Gather in Shenzhen, Create a Better Asia-Pacific.”

The three initiatives are: Technology sharing ; Content co-creation; and Talent development.

On the occasion of the opening of the Asia-Pacific Media Forum, Shenzhen is officially launching this media cooperation initiative and inviting media partners from across the Asia-Pacific to take part. Together, we hope to contribute the strength of the media to building an Asia-Pacific community and promoting shared prosperity.

Video link: https://youtu.be/oJmxc-nYo10
Video produced by Shenzhen Media Group

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/asia-pacific-media-forum-launches-gather-in-shenzhen-create-a-better-asia-pacific-media-cooperation-initiative-302870640.html

SOURCE Shenzhen Media Group

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