Blog

A double exposure image of skyscrapers with overlay of financial graphs, set against a blurred background, illustrating the concept of business growth

<figure id="figure-ips1qqtx0rm5pin4bh" class="selected"><img id="ips1qqtx0rm5pin4bh" src="https://cdn.durable.co/blocks/33bYuZal0xYVpQ4PfiLHEilG5cioPsefKB2EkgBaTmLGw1xfwQvNhgJ3wvVvusyy.png" alt="" title="" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg selected" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/33bYuZal0xYVpQ4PfiLHEilG5cioPsefKB2EkgBaTmLGw1xfwQvNhgJ3wvVvusyy.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;" data-mce-selected="1"></figure><h3>Goldhorse Capital Management (HK) has added a structured products educational factsheet function to its multi-issuer platform Extramile mobile app's retail version.</h3> The new function — which used to be accessed only by institutional users which are the external asset managers (EAMs) — is aimed at allowing the public to better understand the various types of products and keeping potential investors equipped with the latest trends in the space as structured products tend to be considered ”complex“ from regulator's point of view, according to <a data-mce-href="https://www.structuredretailproducts.com/insights/79841/exclusive-asia-multi-issuer-platform-appoints-new-ceo" href="https://www.structuredretailproducts.com/insights/79841/exclusive-asia-multi-issuer-platform-appoints-new-ceo">Edward Liu</a>, CEO at Goldhorse.<blockquote>Structured investments have been increasingly popular in private wealth industry here in Asia - Edward Liu</blockquote>Goldhorse’s platform doesn’t just deliver value to the smaller players in the market. Larger organisations can also derive significant benefits from the range of quotation and execution tools the company provides.“No matter how big the structured products team might be, firms still need to rely on a system for efficient price quotation. Relationship managers might be quoting hundreds of structured products every day. This is where we can help,” says Tiffany Cheung, head of product specialists at Goldhorse.Goldhorse rolled out its Extramile platform in 2020. The firm has licences from the Securities and Futures Commission to conduct Type 1 and Type 4 business in Hong Kong, which means it can deal in securities and advise on securities. Goldhorse also has local operations in Singapore.The popularity of Extramile has been growing across the region at terrific speed. Between June 2023 and May 2024, Goldhorse onboarded more than 40 clients, bringing the total number of firms that use its services to over 130. These include big names, such as KGI Securities Singapore, Haitong International Securities and Noah Wealth Management.Speaking of the plans in 2025, Liu said while providing its multi-issuer platform services to its existing institutional client base, ranging from request for quotation to trade execution, the firm is looking to partner with brokers in Asia to offer SFC-approved structured notes to non-professional investors (non PI) service by the brokers.

Latest: HK's Goldhorse Capital adds educational function to Extramile mobile app's retail version

Smaller multifamily offices and external asset managers in Singapore and Hong Kong often lack the resources for setting up fully staffed structured products teams, thereby missing out on some of the innovative ideas, as well as a systemic quotation process, that could drive business growth. This is where Goldhorse comes in – a Hong Kong-headquartered fintech platform now making waves across Asia’s structured products market Goldhorse’s platform doesn’t just deliver value to the smaller players in the market. Larger organisations can also derive significant benefits from the range of quotation and execution tools the company provides.“No matter how big the structured products team might be, firms still need to rely on a system for efficient price quotation. Relationship managers might be quoting hundreds of structured products every day. This is where we can help,” says Tiffany Cheung, head of product specialists at Goldhorse.<figure id="figure-kswz1epwv9m1onujvy"><img id="kswz1epwv9m1onujvy" src="https://cdn.durable.co/blocks/eSUVs8VWzTt5YhJnqjEnPoEiZStaPPfTM7Kkl0HS4XSt1248xCcnsqzJ70CqIDEj.png" alt="Businessman uses computer with pen. Financial graph analysis concepts Stock market information. Reporting and Statistics Including KPI analysis on a blue background." title="Businessman uses computer with pen. Financial graph analysis concepts Stock market information. Reporting and Statistics Including KPI analysis on a blue background." class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: undefined% 55%;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined%" data-positiony="55%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/eSUVs8VWzTt5YhJnqjEnPoEiZStaPPfTM7Kkl0HS4XSt1248xCcnsqzJ70CqIDEj.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined% 55%;"></figure>Goldhorse rolled out its Extramile platform in 2020. The firm has licences from the Securities and Futures Commission to conduct Type 1 and Type 4 business in Hong Kong, which means it can deal in securities and advise on securities. Goldhorse also has local operations in Singapore.The popularity of Extramile has been growing across the region at terrific speed. Between June 2023 and May 2024, Goldhorse onboarded more than 40 clients, bringing the total number of firms that use its services to over 130. These include big names, such as KGI Securities Singapore, Haitong International Securities and Noah Wealth Management.<blockquote>“Our key value proposition is to provide seamless end-to-end architecture and product experience for our clients, from pre-trade right the way through to post-trade. Word-of-mouth referrals are now kicking as more and more people see the benefits of our solutions,” says Cheung.</blockquote><h3>Price quotations and product ideas</h3>To manage client portfolios, external asset managers (EAMs) typically book assets with multiple private banks. As a result, EAMs often have to use different platforms to quote structured products. If the private bank is less digitally savvy, this may even need to conducted via email, which is hugely inefficient.Extramile circumvents this problem by presenting quotation results automatically from different issuers in a single easy-to-use format. This saves relationship managers valuable time.Sixteen major structured products issuers in the region support the platform, including Goldman Sachs, UBS and Citigroup. Singapore’s OCBC was the latest issuer to join, inking an agreement with Goldhorse in July.Goldhorse’s value proposition neatly fits into the growing trend of relationship managers increasingly leaving private banks to set up their own EAMs.<blockquote>One of this year’s Asia Risk Awards judges commented: “Goldhorse’s software enables it to do this by automatically providing the capabilities of a products and dealing desk. One could argue this trend would be much reduced without Goldhorse.”</blockquote><figure id="figure-5vahoarrvem1onxsuo"><img id="5vahoarrvem1onxsuo" src="https://cdn.durable.co/blocks/35swKnIhO2qLPMjtSCuNe1Ygy1OSkPEdDnNcoVLLOxGkq8soVjJUkzOyWipS1iMD.jpg" alt="Data analysis science and big data with AI technology. Analyst or Scientist uses a computer and dashboard for analysis of information on complex data sets on computer. Insights development engineer" title="Data analysis science and big data with AI technology. Analyst or Scientist uses a computer and dashboard for analysis of information on complex data sets on computer. Insights development engineer" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: 0% 0%;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="0%" data-positiony="0%" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/35swKnIhO2qLPMjtSCuNe1Ygy1OSkPEdDnNcoVLLOxGkq8soVjJUkzOyWipS1iMD.jpg" data-mce-style="aspect-ratio: 16/9; object-position: 0% 0%;"></figure>An efficient price quotation is only one side of the platform. The other huge advantage for many structured product sellers is the ability to tap into fresh ideas.“Our ideas come from two areas,” says Cheung. “We have our own product specialist team that can summarise new ideas on our platform, based on what clients are trading across the whole of the private wealth management space. We also work closely with our issuers, who present product ideas that we can incorporate into the platform. Because we have a very neutral position, we are not pushed to promote any product for a particular firm or issuer.”<h3>Enhancements</h3>Over the past 12 months, Goldhorse has made a few important enhancements to its Extramile platform.One was the introduction of a new market on its mobile application for shopping structured products. This creates a lower barrier of entry for clients to purchase high-touch products. For example, a client can see what products other clients have traded (anonymously) in the market. If the client wants to participate in the same investment, they can. Not only that, but Goldhorse allows the minimum ticket size to be reduced from the initial launch size, thereby extending the reach of small clients into the structured products universe.Another innovation was the establishment of a community forum, which was built as a place for clients to share experiences, discuss topics of mutual interest and raise any questions they might have about the structured products market.Goldhorse has also refined the Lifecycle Monitoring module on its platform to expand the functionality and improve the way information is shown to the user. Looking to the future, artificial intelligence (AI) is likely to play a key role on the platform.<blockquote>“Our goal is to deliver increasingly pertinent insights to our clients and incorporate AI-driven tools to further streamline the structured product sales process,” says Edward Liu, Goldhorse’s chief executive officer.</blockquote>Goldhorse is currently investigating how natural language processing can be used to condense research notes into easy-to-read summaries, and how AI can be used to extract information from the large amounts of data the company captures.Cheung says: “In everything we do, we seek to provide more insights and efficiency so our clients can make better investment decisions.” Source: <a title="Best structured products support system: Goldhorse Capital – Extramile" href="https://www.risk.net/awards/7959876/best-structured-products-support-system-goldhorse-capital-extramile" target="_blank" rel="noopener" data-mce-href="https://www.risk.net/awards/7959876/best-structured-products-support-system-goldhorse-capital-extramile">Best structured products support system: Goldhorse Capital – Extramile</a>

Best structured products support system: Goldhorse Capital – Extramile

HONG KONG, July 9, 2024 /PRNewswire/ -- Isola Capital is pleased to announce an exclusive partnership with Goldhorse Capital Management (HK) Limited (the "Goldhorse"), allowing single family offices, multi-family offices, and Ultra High Net Worth investors to access the Isola Fullerton Global Private Alpha SP (the "Fund" or "IFGPA"). This partnership provides a unique opportunity to invest in a diversified portfolio of leading global private equity, venture capital, and private credit strategies, aiming to deliver consistent and repeatable returns through a bi-annual fund series.Through this strategic partnership, Isola Capital will collaborate with Goldhorse to offer IFGPA to Goldhorse's unique client community comprising external asset managers, multi-family offices, and other private wealth management institutions - a targeted group of accredited investors and professional investors in Hong Kong, Singapore and Dubai.<figure id="figure-jt2m7gpipbm0ezc7lc"><img id="jt2m7gpipbm0ezc7lc" src="https://cdn.durable.co/blocks/152YUol7mnKeEamDyOG1z7dxCHG0vNsjvv4C3U1hK1qyOXREiWoxJZ0nbBToC3YN.png" alt="Graph Stock Chart Stock Market Digital FUI" title="Graph Stock Chart Stock Market Digital FUI" class="object-cover bg-gray-100 " style="aspect-ratio: 1/1; object-position: undefined undefined;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/152YUol7mnKeEamDyOG1z7dxCHG0vNsjvv4C3U1hK1qyOXREiWoxJZ0nbBToC3YN.png" data-mce-style="aspect-ratio: 1/1; object-position: undefined undefined;"></figure>"Single family offices and multi-family offices are increasingly seeking best-in-class private alternative investment opportunities. Access to these top decile and top quartile private equity, venture capital, private credit and secondary investment opportunities are not easy to obtain. Isola Capital has partnered with Fullerton Fund Management to provide a consistent and repeatable strategy that has direct access to these top flagship investment strategies, which are curated into a bi-annual investment fund that allows investors to create a core private alternatives exposure for each vintage going forward, ensuring there is high quality diversification and performance in every vintage. IFGPA will allow investors to confidently supplement their portfolio with their own self-selection of deals and funds. We believe Goldhorse is one of the ideal partners to provide access to this groundbreaking investment strategy." said Anthony Chan, CEO, Isola Capital."Aspiring to become the world's leading technology-enabled financial products intermediary, Goldhorse is constantly looking for value-added investment solutions to our private wealth institutional client community. IFGPA is unique in its portfolio construction methodology by securing allocation into top decile and top quartile private investment opportunities managed by global leading alternative asset managers. Goldhorse is thrilled by the opportunity to bring such an attractive alternative investment product on our product shelf. We are confident the product is an excellent complement to our existing sophisticated offerings in structured derivatives space" said Edward Liu, Deputy CEO of Goldhorse.IFGPA enables investors to solve the challenge of accessing leading private alternative funds on a consistent basis, through a carefully curated portfolio co-managed by Isola Capital and Fullerton Fund Management, which features leading global private equity, venture capital and private credit strategies. Source: <a title="Isola Fullerton Global Private Alpha Fund Exclusively Partners with Goldhorse Capital to Provide Private Alternative Fund Series to Family Offices and High Net Worth Investors via B2B Channels" href="https://www.manilatimes.net/2024/07/09/public-square/pr-newswire/isola-fullerton-global-private-alpha-fund-exclusively-partners-with-goldhorse-capital-to-provide-private-alternative-fund-series-to-family-offices-and-high-net-worth-investors-via-b2b-channels/1956009" data-mce-href="https://www.manilatimes.net/2024/07/09/public-square/pr-newswire/isola-fullerton-global-private-alpha-fund-exclusively-partners-with-goldhorse-capital-to-provide-private-alternative-fund-series-to-family-offices-and-high-net-worth-investors-via-b2b-channels/1956009">Isola Fullerton Global Private Alpha Fund Exclusively Partners with Goldhorse Capital to Provide Private Alternative Fund Series to Family Offices and High Net Worth Investors via B2B Channels</a>

Isola Partners With Goldhorse Capital to Widen Access to Private Credit Fund

<blockquote>Goldhorse Capital Management (HK) Limited New FinTech Product Award - Hong Kong (Extramile) Mobile App Award - Hong Kong (Extramile APP)</blockquote>Goldhorse Capital Management, an independently owned Hong Kong-based fintech platform, has been recognised at the ABF Fintech Awards 2024, winning both <a data-mce-href="https://asianbankingandfinance.net/event/abf-fintech-awards#page-past-winners/" href="https://asianbankingandfinance.net/event/abf-fintech-awards#page-past-winners/" target="_blank" rel="noopener">the New FinTech Product Award (Extramile)</a> and <a data-mce-href="https://asianbankingandfinance.net/event/abf-fintech-awards#page-past-winners/" href="https://asianbankingandfinance.net/event/abf-fintech-awards#page-past-winners/" target="_blank" rel="noopener">the Mobile App Award (Extramile APP)</a> for Hong Kong. These accolades underscore its innovation in the structured products market through its Extramile platform and app.Launched in late 2020, Extramile is a cloud-based platform designed for PWM institutional clients like External Asset Managers (EAMs) and Multi-Family Offices (MFOs). It digitalises the entire structured product workflow, streamlining processes from idea sourcing to lifecycle management within a regulatory-compliant framework. This system allows clients to access and manage structured product pricing and details efficiently, improving service delivery and operational efficiency.<figure id="figure-8mc38w34ltm1en5di7"><img id="8mc38w34ltm1en5di7" src="https://cdn.durable.co/blocks/17x4IaiPJAB2KOHVJ100rqPKi7PCbr6nzC0itZ60QX7J26IAOpgfXbInsXJkdMRn.png" alt="Mid aged business man working on laptop computer in office writing notes." title="Mid aged business man working on laptop computer in office writing notes." class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="undefined" data-positionY="undefined" data-fullWidth="false"/></figure>Significant enhancements in 2023 included an advanced life cycle management module, FIX API connectivity services, and new features like MarketPlace and Community Forum. These additions have fostered a collaborative environment, enhancing productivity and client engagement.The Extramile App, introduced in 2021, further extends these capabilities to mobile devices, offering tools for auto-quoting, placing trade orders, and accessing market insights on the go. Its Marketplace feature, added in 2023, democratises access to high-value trades, enhancing the investment experience. These innovations have led to a significant increase in Goldhorse's client base and daily active users, affirming its role as a leader in fintech innovation and a driving force in enhancing the financial sector’s efficiency and client service.<img id="3rymq6ir7ym1em5rjm" src="https://cdn.durable.co/covers/21u6WxYv6b5NwjMKjpYPig5wfAwFApBVwruLR1JSb4TcvZCfPVoWK66MSG3ZC98u.png" alt="Group of confident business people point to graphs and charts to analyze market data, balance sheet, account, net profit to plan new sales strategies to increase production capacity." title="Group of confident business people point to graphs and charts to analyze market data, balance sheet, account, net profit to plan new sales strategies to increase production capacity." class="object-cover bg-gray-100" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/covers/21u6WxYv6b5NwjMKjpYPig5wfAwFApBVwruLR1JSb4TcvZCfPVoWK66MSG3ZC98u.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;" style="border-color: rgba(229,231,235,var(--tw-border-opacity)); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: var(--tw-empty,/*!*/ /*!*/); --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(62,172,255,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: var(--tw-empty,/*!*/ /*!*/); --tw-brightness: var(--tw-empty,/*!*/ /*!*/); --tw-contrast: var(--tw-empty,/*!*/ /*!*/); --tw-grayscale: var(--tw-empty,/*!*/ /*!*/); --tw-hue-rotate: var(--tw-empty,/*!*/ /*!*/); --tw-invert: var(--tw-empty,/*!*/ /*!*/); --tw-saturate: var(--tw-empty,/*!*/ /*!*/); --tw-sepia: var(--tw-empty,/*!*/ /*!*/); --tw-drop-shadow: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-blur: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-brightness: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-contrast: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-grayscale: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-hue-rotate: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-invert: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-opacity: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-saturate: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-sepia: var(--tw-empty,/*!*/ /*!*/); --tw-transform: translateX(var(--tw-translate-x)) translateY(var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y)); --tw-border-opacity: 1; --tw-filter: var(--tw-blur) var(--tw-brightness) var(--tw-contrast) var(--tw-grayscale) var(--tw-hue-rotate) var(--tw-invert) var(--tw-saturate) var(--tw-sepia) var(--tw-drop-shadow); --tw-backdrop-filter: var(--tw-backdrop-blur) var(--tw-backdrop-brightness) var(--tw-backdrop-contrast) var(--tw-backdrop-grayscale) var(--tw-backdrop-hue-rotate) var(--tw-backdrop-invert) var(--tw-backdrop-opacity) var(--tw-backdrop-saturate) var(--tw-backdrop-sepia); --tw-bg-opacity: 1; width: 640px; margin: 0px; padding-top: 0px; padding-bottom: 0px; caret-color: rgba(0, 0, 0, 0); aspect-ratio: 16 / 9;"><figure id="figure-ikf1ofszjfm1emsjyn"><img id="ikf1ofszjfm1emsjyn" src="https://cdn.durable.co/blocks/18vbcdNsOnDco2adYhQ7Lna2pwXmSuI4hB6JhLBdlv11MjDKxufDGDQFBirLGOyL.png" alt="Business woman, tablet and stock market in double exposure for trading profit, increase and data growth at night. Happy trader, analyst or investor with finance graphs, arrow or statistics in overlay" title="Business woman, tablet and stock market in double exposure for trading profit, increase and data growth at night. Happy trader, analyst or investor with finance graphs, arrow or statistics in overlay" class="object-cover bg-gray-100" style="aspect-ratio: 3/2; object-position: center center;" data-corners="default" data-aspect="3:2" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/18vbcdNsOnDco2adYhQ7Lna2pwXmSuI4hB6JhLBdlv11MjDKxufDGDQFBirLGOyL.png" data-mce-style="aspect-ratio: 3/2; object-position: center center;"></figure>About Asian Banking &amp; FinanceAsian Banking &amp; Finance (ABF) is the industry magazine serving Asia’s dynamic financial services industry. Editorial is composed of features, people profiles, analyses, and sector reports relevant to the commercial, retail, and investment banking companies in Asia.The print magazine is published quarterly. The website is refreshed daily and covers daily news and stories. Together, the print magazine, website and newsletters provide an excellent platform to reach elite level decision makers.The magazine's quarterly print has a total monthly circulation of 7,250 copies, reaching 29,000 readers. It is circulated to senior management in Asia’s financial services firms and readership is comprised of senior management of retail and wholesale banks in Asia.Asian Banking &amp; Finance is part of the media company, "Charlton Media Group," a leading B2B publication and events company in Asia with titles such as Singapore Business Review, Hong Kong Business, Insurance Asia, Asian Power, and Healthcare Asia.<figure id="figure-o6w1yuiexcm1emewzm"><img id="o6w1yuiexcm1emewzm" src="https://cdn.durable.co/blocks/36w4Iye5hpT3ax7EjKfzkLLGmqFGdfRa0MqMY2Zr6D86kAWLsxpYwNQAGJGEYWv9.jpg" alt="Happy mid aged business woman manager handshaking greeting client in office." title="Happy mid aged business woman manager handshaking greeting client in office." class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/36w4Iye5hpT3ax7EjKfzkLLGmqFGdfRa0MqMY2Zr6D86kAWLsxpYwNQAGJGEYWv9.jpg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>About GoldhorseGoldhorse is a unique financial products B2B wholesale fintech platform provider, founded and headquartered in Hong Kong. We are licensed by the Securities and Futures Commission of Hong Kong since 2015 to conduct regulated activities, allowing us to offer true "Tech" + "Fin" solutions to both buyside intermediaries and sellside product suppliers in addressing the growing demand for structured products in the private wealth industry.Today, we are trusted by over 100 institutional clients, including EAMs, MFOs, brokers, and private banks in Hong Kong, Singapore, and Dubai, to support their structured product business operations with better efficiency and higher profitability.About ExtramileExtramile represents our self-developed digital tools, which deliver multi-issuer RFQs, encrypted dealing processes, automated post-sales product lifecycle management, and many more innovative features, all at the fingertips of our users anywhere and at any time.Through Extramile, our client community benefits from best-in-class product solutions and services, supported by our strong network of partnerships with over 15 well-known structured product issuers.<figure id="figure-3zkq8wybbcm1emdqx5"><img id="3zkq8wybbcm1emdqx5" src="https://cdn.durable.co/blocks/33bYuZal0xYVpQ4PfiLHEilG5cioPsefKB2EkgBaTmLGw1xfwQvNhgJ3wvVvusyy.png" alt="Business finance and investment, Analyze economic growth charts for informed business finance decisions and financial decision-making. Stock Market report, Strategy, Data Collection, Forecasting" title="Business finance and investment, Analyze economic growth charts for informed business finance decisions and financial decision-making. Stock Market report, Strategy, Data Collection, Forecasting" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/33bYuZal0xYVpQ4PfiLHEilG5cioPsefKB2EkgBaTmLGw1xfwQvNhgJ3wvVvusyy.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>Source: <a title="Outstanding banking and finance industry champions crowned at Asian Banking &amp; Finance Awards 2024" href="https://asianbankingandfinance.net/co-written-partner/event-news/outstanding-banking-and-finance-industry-champions-crowned-asian-banking-finance-awards-2024" data-mce-href="https://asianbankingandfinance.net/co-written-partner/event-news/outstanding-banking-and-finance-industry-champions-crowned-asian-banking-finance-awards-2024" target="_blank" rel="noopener">Outstanding banking and finance industry champions crowned at Asian Banking &amp; Finance Awards 2024</a>

ABF Fintech Awards 2024

OCBC partners with Goldhorse Capital Management (“Goldhorse”), expanding its product offerings in a scalable manner to institutional clients in the Private Wealth Management (“PWM”) &nbsp;space across Singapore, Hong Kong, Malaysia, and Dubai.<figure id="figure-fw59lekc6am0ezx0ta"><img id="fw59lekc6am0ezx0ta" src="https://cdn.durable.co/blocks/4BPhERiYCccXbxSEEdbkqyIRFadRQqbmxl4UABaUoLQpaKX1sRsxBKhuUuUicbjT.jpg" alt="Businessman works on laptop Showing business analytics dashboard with charts, metrics, and KPI to analyze performance and create insight reports for operations management. Data analysis concept.Ai" title="Businessman works on laptop Showing business analytics dashboard with charts, metrics, and KPI to analyze performance and create insight reports for operations management. Data analysis concept.Ai" class="object-cover bg-gray-100 " style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/4BPhERiYCccXbxSEEdbkqyIRFadRQqbmxl4UABaUoLQpaKX1sRsxBKhuUuUicbjT.jpg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>An array of OCBC structured investment products can now be accessed real-time by OCBC’s eligible clients at their fingertips via Extramile, the fastest growing financial product platform in Asia, self-developed and operated by Goldhorse. This &nbsp;diversifies investment opportunities for PWM clients by giving them access to products from an issuer with a rich history of integrity, innovation and customer focus.Ms. Wee Wei Min, OCBC’s Global Head of Sales and Structuring, said: “Embracing the ever-evolving technological and client landscape that we are in today, we are excited by the possibilities that lie ahead with our partnership with Goldhorse. This will enhance the accessibility to tailored structured products issued by OCBC through Goldhorse’s cutting-edge digital financial platform - Extramile. This collaboration exemplifies our commitment to delivering unparalleled opportunities and convenience in the dynamic landscape of financial services.”Mr. Edward Liu, Goldhorse’s Deputy CEO, added: “In 2024, we have seen improved demand for structured products from clients serviced by External Asset Managers (“EAMs”) in different locations. The stakeholders shall not work in silo but together to maximize the business opportunity available. At an institutional level, Extramile digitally brings the sell-side and the buy-side users together. From market colour to pre-trade trend analysis to post-sales lifecycle management, relationship managers are now empowered to service their clients seamlessly, and product manufacturers are enlightened to the true demand, so that they are equipped with the knowledge to provide optimal products. We are elated to have OCBC onboarded so we can together better assist our mutual clients through the varying market conditions.” Source: <a title="OCBC Enters Partnership With Goldhorse; Furthering Its Commitment to Digitally Strengthen Its Structured Note Offering" href="https://www.hubbis.com/news/ocbc-enters-partnership-with-goldhorse-furthering-its-commitment-to-digitally-strengthen-its-structured-note-offering" data-mce-href="https://www.hubbis.com/news/ocbc-enters-partnership-with-goldhorse-furthering-its-commitment-to-digitally-strengthen-its-structured-note-offering">OCBC Enters Partnership With Goldhorse; Furthering Its Commitment to Digitally Strengthen Its Structured Note Offering﻿</a>

OCBC Enters Partnership With Goldhorse

<h3>Hong Kong-based multi-issuer platform Goldhorse has named a former EFG Bank executive as new CEO.</h3>Edward (Chengen) Liu (pictured) has been appointed as deputy chief executive officer (CEO) of Goldhorse Capital Management (HK) with responsibility for the entire business operation. according to a spokesperson at the company.He replaces Long (Kalong) Lee, former CEO of Vontobel Limited, the financial products arm of Vontobel Holdings based in Hong Kong SAR.<figure id="figure-u1a1ma5b3m0kdxcmc" class=""><img id="u1a1ma5b3m0kdxcmc" src="https://cdn.durable.co/blocks/2dZqO0W3neduykRP5wPhi1T9AdmAO86dRXTf5O9C6jYAe846E5VuSQ7IvyqAddgj.jpg" alt="Mid aged business man working on laptop computer in office writing notes." title="Mid aged business man working on laptop computer in office writing notes." class="object-cover bg-gray-100" style="aspect-ratio: 1/1; object-position: undefined undefined;" data-corners="default" data-aspect="1:1" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/2dZqO0W3neduykRP5wPhi1T9AdmAO86dRXTf5O9C6jYAe846E5VuSQ7IvyqAddgj.jpg" data-mce-style="aspect-ratio: 1/1; object-position: undefined undefined;"></figure>Lee stepped down at the end of February, but remains as a director of the board and an advisor at Goldhorse. Apart from that, he will retire from the finance industry and focus on serving a non-profit organisation (NGO).Besides Liu and Lee, Wenwei Huang, director of business development, acts as another director on the board at Goldhorse, according to the Hong Kong government-run companies registry.The ten-year old private company, which is fully owned by Goldhorse Capital (BVI), launched Extramile at the end of 2020. The cloud-based platform is designed to act as an independent intermediary connecting structured note issuers with external asset managers (EAMs), private banks and brokerage firms.In 2023, approximately US$2 billion structured note notional was traded on Extramile where over 100 contracted EAMs and 15 issuers were present. "Extramile continues to evolve with new functionalities being introduced, such as marketplace and community forum," said the spokesperson, adding that "a few more issuers" are expected to onboard this year.SRP learnt that the company is also developing Extramile Pro, a dedicated version for clients that have distribution agreements with issuers. The spokesperson declined to provide details on Extramile Pro as "the roadmap and timing of roll-out have not been finalised".<img id="s8rwecaz9im0kdw8pi" src="https://cdn.durable.co/blocks/23BGJFN4FNpwPLqd5HBx39xglcSeuI6Hgrdffsu9ZgZdfIws1LFTJeu1mmW52Vgl.jpg" alt="Umbrella icon and family model, Security protection and health insurance. The concept of family home, protection, health care day, car insurance." title="Umbrella icon and family model, Security protection and health insurance. The concept of family home, protection, health care day, car insurance." class="object-cover bg-gray-100" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/23BGJFN4FNpwPLqd5HBx39xglcSeuI6Hgrdffsu9ZgZdfIws1LFTJeu1mmW52Vgl.jpg" data-mce-style="aspect-ratio: 16/9; object-position: center center;" style="border-color: rgba(229,231,235,var(--tw-border-opacity)); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: var(--tw-empty,/*!*/ /*!*/); --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(62,172,255,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: var(--tw-empty,/*!*/ /*!*/); --tw-brightness: var(--tw-empty,/*!*/ /*!*/); --tw-contrast: var(--tw-empty,/*!*/ /*!*/); --tw-grayscale: var(--tw-empty,/*!*/ /*!*/); --tw-hue-rotate: var(--tw-empty,/*!*/ /*!*/); --tw-invert: var(--tw-empty,/*!*/ /*!*/); --tw-saturate: var(--tw-empty,/*!*/ /*!*/); --tw-sepia: var(--tw-empty,/*!*/ /*!*/); --tw-drop-shadow: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-blur: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-brightness: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-contrast: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-grayscale: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-hue-rotate: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-invert: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-opacity: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-saturate: var(--tw-empty,/*!*/ /*!*/); --tw-backdrop-sepia: var(--tw-empty,/*!*/ /*!*/); --tw-transform: translateX(var(--tw-translate-x)) translateY(var(--tw-translate-y)) rotate(var(--tw-rotate)) skewX(var(--tw-skew-x)) skewY(var(--tw-skew-y)) scaleX(var(--tw-scale-x)) scaleY(var(--tw-scale-y)); --tw-border-opacity: 1; --tw-filter: var(--tw-blur) var(--tw-brightness) var(--tw-contrast) var(--tw-grayscale) var(--tw-hue-rotate) var(--tw-invert) var(--tw-saturate) var(--tw-sepia) var(--tw-drop-shadow); --tw-backdrop-filter: var(--tw-backdrop-blur) var(--tw-backdrop-brightness) var(--tw-backdrop-contrast) var(--tw-backdrop-grayscale) var(--tw-backdrop-hue-rotate) var(--tw-backdrop-invert) var(--tw-backdrop-opacity) var(--tw-backdrop-saturate) var(--tw-backdrop-sepia); --tw-bg-opacity: 1; width: 640px; margin: 0px; padding-top: 0px; padding-bottom: 0px; caret-color: rgba(0, 0, 0, 0); aspect-ratio: 16 / 9; object-position: center center;">Extramile adds to the existing multi-issuer platforms Contineo and FinIQ which have a strong presence in Hong Kong SAR and Singapore, but is licensed by the Securities and Futures Commission (SFC) of Hong Kong to carry out Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities with a main client target of EAMs.Lee joined Goldhorse as CEO from Vontobel in October 2020 with key responsibility to spearhead the Extramile, which supports lifecycle and sales management, record keeping, research reports as well as product advisory. His role at Vontobel has filled by Urs Pfister who was previously head of trading and public distribution, Asia.Lee joined Vontobel in early 2018 in charge of the structured products business in Asia Pacific (Apac) before taking up the CEO role in January 2020. Previously, he spent more than seven years at Leonteq following a stint at BBVA and BOC International, based in Hong Kong SAR.Liu, the new CEO of Goldhorse, joined the platform as head of investment services in November 2020. Prior to that, he was managing director, head of investment counselling, North Asia at EFG Bank where he led initiatives to build out the investment advisory franchise at the Hong Kong branch since August 2017.Liu also specialises in structured products, particularly across equity and fund, with over-a-decade service across CICC (Hong Kong), Noah Holdings (Hong Kong), Credit Suisse (Hong Kong) and Barclays Capital (Asia).Sitting in the wealth management unit, he constructed product advice to investment consultants across bonds, structured products, over-the-counter (OTC) derivatives, traditional funds, alternative investment and China cross-border products at CICC (Hong Kong), the offshore arm of Chinese investment bank CICC.Additionally, he was tasked to execute structured products and OTC derivatives trades while maximising transactional revenue.At Credit Suisse, Liu structured and marketed fund-linked and cross-asset algorithmic index-linked derivatives to financial institutions as well as fund-related financing solutions in Asia Pacific ex-Japan from May 2007 to December 2012.-Do you have a confidential story, tip or comment you'd like to share? Write to <a href="mailto:summer.wang@derivia.com" data-mce-href="mailto:summer.wang@derivia.com">summer.wang@derivia.com</a>. Source: <a title="Asia multi-issuer platform appoints new CEO" href="https://www.structuredretailproducts.com/news/details/79841" data-mce-href="https://www.structuredretailproducts.com/news/details/79841">Asia multi-issuer platform appoints new CEO</a>

Press

Latest: HK's Goldhorse Capital adds educational function ...

Best structured products support system: Goldhorse Capita...

Isola Partners With Goldhorse Capital to Widen Access to ...

ABF Fintech Awards 2024

OCBC Enters Partnership With Goldhorse

Exclusive: Asia multi-issuer platform appoints new CEO