DWS launches white label robo WISE partnership in Japan

DWS today announced that Japanese FinTech specialist Mirai Chokin will integrate DWS’s white label robo platform WISE into its Mirai Navi app for defined contribution pension plan customers.

This development will allow Japanese pension plan owners to use DWS’s WISE platform to significantly improve, simplify and customise their pension plans.

Used by nearly 500 companies, Mirai Navi is an app-based information delivery service designed to support both companies with Japanese defined contribution pension plans and their employees.

DWS’s WISE platform is a proprietary web-based investment advisory tool which is now being used in Japan for the first time.

The WISE digital platform will suggest an optimised portfolio based on the clients’ need to apply investment recommendations to future contributions or also to existing savings, and their preferred level of risk: conservative, growth-oriented or aggressive. Employee data is pre-filled on the Mirai app, creating a simple and user-friendly interface.

At the heart of each proposed portfolio are the digital asset management capabilities derived from the DWS CIO VIEW, which is based on an asset allocation model according to the risk level of each user. Based on this model, DWS selects the most suitable passive investment funds or active funds from the investable products for each employee's plan. No DWS products are offered under this arrangement.

Thorsten Klingenmeier, Responsible for Sales of Digital Solutions at DWS said: “This cooperation will allow defined contribution pension participants to receive professional investment advice from DWS’s investment experts in active, passive and alternative investments, as well as the digital capabilities of WISE on the Mirai Navi app. We are pleased to be working with Mirai Chokin on this important initiative.” 

Yasuo Itayama, CEO at Mirai Chokin added: “This partnership provides our users with access to a unique platform that benefits from both human expertise and an efficient, easy-to-use digital process.”

 

For further information please contact:

Thorsten C. Klingenmeier
Senior Specialist / Responsible for Sales of Digital Solutions in EMEA and APAC
+49 (0) 69 910-14417
thorsten.klingenmeier@dws.com

Philipp Schaefer
Team Lead Digital Investment Platform Solutions & Strategy
+49 (0) 1525 – 640 63 89
philipp-c.schaefer@dws.com

About DWS Group

DWS Group (DWS) is one of the world's leading asset managers with EUR 820bn of assets under management (as of 31 March 2021). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.