GTN and State Street Investment Management

Ahmed Tantawi

GTN and State Street Investment Management (State Street IM)

have partnered to bring risk-aligned model portfolios to banks, neobanks and wealth tech platforms across

the Gulf Cooperation Council (GCC). Under the arrangement, banks, neobanks and wealth technology

platforms using GTN’s wealth management platform may select from a suite of model portfolios constructed

by State Street IM for use with their own clients. This partnership reflects rising demand for wealth

management services in the Middle East.

State Street IM will provide to GTN risk-aligned model portfolios, assessed and offered by GTN through its

digital wealth management platform. The GTN platform automates and digitises portfolio and investment

processes through modular architecture, open APIs and FIX connectivity.

The collaboration marks an advance in the rapidly growing fintech space in the GCC, where individual

investors and institutions are increasingly demanding access to model portfolio solutions.

The collaboration marks an advance in the rapidly growing fintech space in the GCC, where individual

investors and institutions are increasingly demanding access to model portfolio solutions.

Damian Bunce, CEO of GTN Middle East, said: “The GCC wealth management industry has entered a

new phase of digital growth. The region has seen major innovation in digital trading over the past decade. So

the next big opportunity is helping banks, neobanks and wealth tech platforms broaden their wealth

management offering and extend access to professionally managed portfolios for a broader segment of

investors. That's why this partnership is well-positioned to support the evolution of wealth management

across the GCC. We see this as just the beginning, with significant potential to build on this partnership and

expand into new markets.”

Emmanuel Laurina, Head of Middle East and Africa for State Street Investment Management, said:

“We're seeing a rapidly growing appetite for our investment solutions offering across the Middle East,

coupled with an expanding mass-affluent segment within the region and growing demand for investment

services. As a major global player with decades of expertise, State Street IM is well-positioned to deliver the

benefits of our significant experience and capability to the wider market, including through our custom

solutions. We're thrilled to partner with GTN to this end – the coming together of their tech-first offering with

our investment capabilities provides a truly compelling proposition to the market.”