Shizuoka Bank to launch robo-advisory service in partnership with Monex-Saison-Vanguard Investment Partners

Maria Nikolova

As Monex continues with its push into novel technologies, one of its subsidiaries – Monex-Saison-Vanguard Investment Partners, teams up with Shizuoka Bank over robo-advisory service.

How secure is your brokerage against cyber attacks?

Monex-Saison-Vanguard Investment Partners, Inc., a subsidiary of Monex Group, Inc. (TYO:8698), has just reported about an agreement with The Shizuoka Bank, Ltd. on the introduction of a robo-advisory service. Monex-Saison-Vanguard Investment Partners, Inc. already offers the service to its clients – it launched a discretionary investment management service that uses Robo-advisors back in September 2016, aiming to help individuals design a life plan based on their own values and life styles by thoroughly supporting clients to develop and follow an asset management plan.

Monex, Inc. has been offering the service above, and now Shizuoka Bank Group agreed on a plan to introduce the service, with the launch scheduled for April 2018. This collaboration is a part of the capital and business alliance between The Shizuoka Bank, Ltd. and Monex Group, Inc. The robo-advisory service with discretional investment management will include asset management and asset control services, as the robo-advisors will be making investment decisions, executing transactions and consulting based on customers’ selection of investment purposes, risk tolerance, capital amount, target amount, etc. In addition, the robots will regularly conduct a follow-up of the investment plan and will reconsider it if necessary.

The agreement underlines the flair that Monex has for new technologies. Last week, the broker announced that it will start using AI technologies for certain procedures on the Account Management page on its website.

The company will use AI-powered Optical Character Recognition (OCR) system to process data from documents submitted by customers through the website. Previously, the customers had to send the documents via mail. Now the information can be submitted electronically, the data will be processed by the OCR system and the staff can simply verify the identity documents, if necessary. The OCR will be used for procedures such as account information update – name and/or address change.

Earlier this year, the broker announced the start of delivery of a new market analysis report based on the work of an AI program. To deliver the “Monex AI Report”, the broker has partnered with fintech company Good Moneyger, whose AI solution – VESTA, seeks to reduce chances of investment loss by examining market data and cycles and estimating chances of market crashes. The report rates the investment score of various asset classes based on a three-stages scale. There is also a “weather forecast” for the global market, with a map reflecting the business confidence in various regions.

Read this next

Digital Assets

TON Foundation teams up with HashKey on fiat access for Telegram Wallet

The TON Foundation, a collective of developers behind The Open Network (TON) blockchain, has entered into a strategic partnership with digital asset financial services firm HashKey Group.


BlockDAG aka Kaspa’s Toughest Competitor Releases DAGpaper, Lightes Up The Las Vegas Sphere Pulling Shiba Inu Investors & Amassing $16.4M in Presale

BlockDAG, emerging as a Kaspa competitor, unveils its DAGpaper, spotlighting the Las Vegas Sphere and captivating Shiba Inu investors with a $16.4M presale success.

Fundamental Analysis

Global FX Market Summary: USD, ECB, Gold, Oil  April 12 ,2024

A strong US economy, cautious Fed policy compared to Europe, and safe-haven demand are all fueling the surge of the US Dollar.

Digital Assets

Thai crypto exchange Bitkub eyes $3 billion valuation

Thailand’s largest cryptocurrency exchange Bitkub is gearing up for a public offering next year with a potential valuation of up to $3 billion, according to Bitkub Capital Group CEO Jirayut Srupsrisopa.

Technical Analysis

GBPUSD Technical Analysis Report 12 April, 2024

GBPUSD currency pair can be expected to all further toward the next support level 1.2400, target price for the completion of the active minor impulse wave.

Market News

Navigating Currency Trends: Extensive Analysis on EUR/USD Signal

Traders Union provides comprehensive daily analysis and signals for EUR/USD.

Retail FX

Axi extends sponsorship of Brazilian Esporte Clube Bahia

Forex and CFD broker Axi has just announced they’re extending their sponsorship with Brazilian Serie A team Esporte Clube Bahia into the 2024 season.

Digital Assets

Binance-backed Gopax narrows losses amid strong crypto trading

Binance-backed cryptocurrency exchange Gopax reported lower net losses for 2023, according to its parent company Streami’s year-end financial report.


99Bitcoins Launches Learn-To-Earn Presale and Raises $150K On First Day

99Bitcoins, established in 2013, has recently begun its token presale in an effort to harness the current upward trend in Bitcoin’s value. The 99BTC team, seizing this opportunity, offers its learn-to-earn platform, a longstanding resource in cryptocurrency education.