Synpulse and Orbium are Asia's top wealth consultancy firms

Consulting firms Synpulse and Orbium have been named Asia’s top consultants to the wealth management and private banking industry. 

Every year, WealthBriefingAsia recognises companies in the wealth management industry – including banks, technology companies and professional services firms – and individuals that have demonstrated excellence in their field of expertise. The competition awards across a number of categories, including private banking, investment management, client service, technology solutions and consultancy services.

Selected by independent judging panels, winners of the WealthBriefingAsia awards are picked for their ability to “tangibly demonstrate that they have something special to offer”, showcasing top class performance and innovation. As a result, they serve as role models and best practices for the rest of the wealth and asset management sector.

In the management consulting services category, the award went to Synpulse, a consulting firm dedicated to the financial services industry with around 250 consultants in the region. Internationally, Synpulse has around 500 consultants across North America, Europe, Asia and Oceania.

The consultancy first launched in Asia in Singapore in 2008, and today serves the region with teams in Singapore, Hong Kong, Indonesia and the Philippines. Having already been lauded for its services in the banking segment and financial services technology landscape, Synpulse CEO and Managing Partner Christoph Nützenadel said he is delighted to now also see the firm’s wealth management offering recognized for its work.

“We are incredibly grateful to our clients who placed their trust in us, which gave us the breakthroughs we needed. This has enabled us to win and successfully deliver numerous strategic and large engagements in the region.” 

Looking ahead, he said that he hopes that this accolade will help the firm “reinforce its brand promise in the broader Asian markets” as it seeks enter new markets and serve additional financial services segments.

Meanwhile, Orbium was named Asia’s best wealth management consultancy for technology services. Similarly to Synpulse, Orbium is a Swiss-origin financial services consultancy that has seen strong growth in the past decade.

Orbium, which was acquired by Accenture in January 2019, has over 500 employees in more than a dozen offices across Europe, Asia-Pacific and the United States. Its clients include global tier-one banks, premium wealth managers and private banks. 

The firm won the award for its technology consulting services related to the Avaloq Banking Suite platform – a leader in digital and core banking software for the banking and wealth management industry, used by more than 150 banks and wealth managers worldwide. Accenture’s Orbium helps private banks and wealth managers in Asia implement, optimise and run the system.

The awards will be handed out at a black tie gala dinner on 5 November at the Westin hotel in Singapore.