Collaboration Between Finatext and MUFG
Finatext, a financial technology company based in Tokyo, has announced its support for MUFG's new wealth management media, set to launch on May 30, 2025. As part of this initiative, Finatext will assist in the development of the front-end and infrastructure that provides an innovative platform for wealth management information.
Background
In a world where uncertainty is becoming increasingly pronounced, there is a growing demand for advisory services that emphasize transparency and consistency. MUFG has accelerated its digital strategy for wealth management to meet diverse customer needs by launching a new advisory model that integrates digital experiences with face-to-face consultations. This model aims to continue evolving alongside changing customer expectations and market conditions.
Overview of Wealth Management Media
The new wealth management media being launched by MUFG is designed to cater to busy entrepreneurs, professionals, and high-net-worth individuals with diverse assets. This platform will offer specialized content focusing on asset management solutions including investment strategies, estate planning, and succession planning. Moreover, it will feature lifestyle content tailored for future generations, serving as an owned media outlet for MUFG's wealth management services.
Moreover, alongside the launch of the media platform, MUFG will introduce a digital advisory service led by dedicated professionals in wealth management. This service utilizes the MUFG Wealth Management Digital Platform (WMPF) to facilitate digital advice, while the media platform will also allow users to experience WMPF's key features through an interactive tool called Wealth Canvas.
Finatext's Role
In this project, Finatext has taken charge of the front-end and infrastructure development while supporting financial institutions in their digital transformation efforts. The media's planning and editorial teams consist of MUFG employees, and Finatext participates as a media partner. Leveraging its previous experience with MUFG’s development of the Money Canvas, Finatext also contributed to the design and implementation of Wealth Canvas, aimed specifically at high-net-worth individuals.
The development team, composed of highly skilled professionals, emphasizes quick, quality outputs to resolve the challenges facing the financial industry. This is achieved through a practical approach grounded in user understanding.
CEO Akane Kinoshita’s Comment
"In today’s investment climate, the abundance of information makes it challenging to discern reliable sources. High-quality and specialized information that affluent individuals seek is often scarce online. The endeavor of MUFG to provide wealth management content as a trusted financial institution is significant, and I am thrilled that we could be a part of this project.
Furthermore, the wealth management industry, which has traditionally centered around face-to-face advice, is witnessing a surge in demand for digital solutions, particularly among tech-savvy investors. MUFG's WMPF and Wealth Canvas represent advanced services developed in anticipation of this shift, and Finatext has been proud to support this initiative from its early stages. We believe the integration of digital and personal advisory services will set a new standard for Japan’s financial digital transformation."
Future Developments
Finatext is committed to continuously supporting the digital transformation of financial institutions while collaborating on fintech initiatives within the MUFG group going forward. As recent years have seen a rise in digital services curated for tech-savvy consumers, Finatext has engaged in developing innovative financial solutions tailored to this target market.
Nevertheless, we believe that true value in wealth management comes from a hybrid model that incorporates both the expertise of seasoned advisors and digital technologies. This project embodies that hybrid model, and we will continue to expand our contributions within the wealth management sector, actively promoting the advancement and sophistication of the industry in Japan.
Additional Information
For more insights, visit the MUFG Wealth Management site
here.