Asian Private Banker, a pan-Asian private bank-focused media outlet, has named Morningstar the winner in the “Best Market Intel Provider” category in its annual Technology Awards. Morningstar received the award for its extensive database and independent research capabilities.

The Asian Private Banker Technology Awards recognise innovative and practical vendors whose solutions are transforming the region's private banking and wealth management industry. This year, Asian Private Banker considered more than 100 submissions across 16 categories from over 50 financial technology firms with private banking technology offerings in Asia. 

“We are honored to have won this award from the Asian Private Banker. We have always believed in the power of technology to help investors as they make decisions, either on their own or with the assistance of advisors and institutions,” Nick Cheung, Morningstar’s CEO in Asia, said. “This award recognized the depth, breadth, and quality of Morningstar’s global database, including a vast number of asset classes and real-time global market data. Our offerings allow clients the flexibility to personalize Morningstar’s ready-made tools or create custom solutions to seamlessly integrate into private banks’ existing technological infrastructure, which is valued through this recognition.”