Chatham-Based Invessence Making a Splash on the International Stage
When NJTechWeekly.com recently spoke with Michael Frank, COO of Chatham-based startup Invessence, he was bullish on the company’s progress.
The company sells white-label versions of its custom robo investment adviser to banks, brokers, asset managers and financial institutions worldwide, and the technology is gaining traction.
“We are one of the only digital wealth management technology providers with clients in the U.S. and Asia,” Frank told us.
The company had just finished helping UOB Kay Hian (Singapore) introduce its new robo site, UTRADE Robo, based on Invessence technologies, to over 1,600 sales reps. UOB Kay Hian is a subsidiary of the Singapore-based United Overseas Bank (UOB), a global investment bank with a market cap of $37 billion and net income of over $2 billion.
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