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OCBC pilots new fintech solutions as banking tech race intensifies

SINGAPORE -- In its race to gain an edge over other domestic banks in financial technology, Oversea-Chinese Banking Corp., Singapore's second-largest lender, is working with three startups to launch new solutions for its wealth management and home loans services.

OCBC will launch Fincast, a portfolio tool for financial advisers to manage customers' investment portfolios. Financial advisers can use the software to recommend products to customers, based on their investment goals. OCBC will pilot Fincast at its Premier Banking branches for up to 100 selected customers over a three-month period.

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