The latest technology news in the wealth management sector from around the world.

Kenanga Investment Bank Berhad, Ant Group
Kenanga Investment Bank Berhad, a Malaysia-based group, has agreed with AntChain Technology Pte, part of China’s Ant Group, to build a Malaysian wealth “Super App.” This agreement follows Kenanga’s memorandum of understanding with AntChain.

The offering is powered by AntChain's proprietary mobile platform solution. "The SuperApp will integrate a spectrum of financial and wealth offerings under one easy-to-access ecosystem, transforming how Malaysians view and approach wealth creation," Datuk Chay Wai Leong, group managing director, Kenanga, said. 

AntChain's proprietary solution, known as the Mobile Platform as a Service ("mPaaS"), originated from Alipay App and a one-stop mobile app lifecycle management solution. The mPaaS product has been trialled and tested by numerous e-commerce and e-wallet brands around the region.

The app will extend the suite of digital products that Kenanga has rolled out, from Rakuten Trade, Malaysia's fastest growing online stock trading platform, to Kenanga Digital Investing, a robo-advisor.

(Ant Group was formerly known as Ant Financial.)