CIO Bulletin

Eddid Financial: Pioneering the Future of Global Finance with Diversified Offerings and Advanced Fintech Solutions

Nestled within the bustling financial hub of Hong Kong, Eddid Financial stands as a comprehensive financial powerhouse, deeply anchored in the rapidly evolving landscape of fintech. Its portfolio of diversified ventures spans across the entire financial industry, extending from retail to institutional spheres. These encompass, but are by no means limited to, the realms of fintech, internet finance, wealth management, asset management, investment banking, and virtual assets. Eddid Financial is committed to providing one-stop financial services and products to its clients, all through the delivery of meticulously crafted investment solutions of the highest caliber.

Dr. Jerry Tse, CEO of Eddid Financial, spoke exclusively to CIO Bulletin about how his company is providing comprehensive financial services to enterprises and individuals with fintech as the core driving force.

Interview Highlights

Q. How was Eddid Financial started? How has the company grown over the years since its founding?

Eddid Financial was established in 2015 in Hong Kong as a comprehensive financial group with a primary focus on fintech. The company is dedicated to incorporating cutting-edge artificial intelligence technologies and other advanced technologies into its corporate DNA.

Since its inception, the company has experienced strategic growth, obtaining multiple licenses in both Hong Kong and the US, thereby expanding the range of services offered. In its early years, we established our securities and futures trading businesses. The growth journey continued with the acquisition of licenses for asset management and foreign exchange trading operations.

In 2019, we launched our mobile app, "Eddid ONE," marking our foray into the digital finance space. Another significant milestone was our expansion into the US market, where our company registered as a member of the SEC and NFA in the United States. By 2022, we had diversified into wealth management, virtual assets, and direct investment businesses, demonstrating substantial growth since our founding.

Q. What is Eddid Financial’s determination? How important are your values to your functioning as a financial services company?

As a comprehensive financial group centered around fintech, Eddid Financial has consistently shown dedication to innovation, with a firm commitment to incorporating cutting-edge artificial intelligence and other advanced technologies into its corporate DNA. The group's new brand tagline, 'See Beyond,' embodies Eddid Financial's innovative spirit within the financial sector and its confidence in overcoming obstacles for future growth.

Since its establishment, Eddid Financial has offered a wide range of retail and institutional financial services, along with all-in-one fintech solutions, to clients globally. This new tagline underscores the company's dedication to continually enhancing its products and services, aiming to push the boundaries of traditional industries in both technology and business, and expanding its global presence.

Q. What are the various services Eddid Financial offers corporate clients and institutional investors?

At Eddid Financial, we provide a robust range of services to our corporate clients and institutional investors, with a specific focus on investment banking and asset management, backed by our strong emphasis on fintech innovations.

In the sphere of asset management, our offerings include equity, debt, fund, and single-project funds. Each investment approach is thoughtfully crafted by our experienced team to cater to the distinct needs of fundraising companies and investors, ensuring that their financial aspirations are not just met but exceeded.

Investment banking forms another critical facet of our services. We provide comprehensive financial advisory services, including assistance with Initial Public Offerings (IPOs). Our range of capital market services, such as equity financing and bond underwriting, is designed to offer flexible, tailored corporate financing and capital market advisory services. These aim to support our clients’ growth trajectories and enable them to stand out in the vibrant capital markets.

Alongside these traditional financial services, we're also at the forefront of FinTech innovations. We've designed a range of cutting-edge products and services that cater to the evolving needs of our clients. This includes our top-notch trading systems ideal for institutional investors, customer data management systems for streamlined account opening and KYC checking, and an equity incentive solutions platform.

At Eddid Financial, we seamlessly blend our industry expertise with technological prowess, ensuring we provide best-in-class services that keep pace with market trends and the dynamic needs of our clients.

Q. What are Eddid Financial’s Eddid ONE, Eddid Lite, and Eddid Pro? How do they help the company deliver its services more efficiently?

Eddid ONE, Eddid Lite, and Eddid Pro are strategic tools we've developed at Eddid Financial to cater to different investment needs and styles.

Eddid ONE is our proprietary flagship one-stop trading app that allows clients to trade a wide range of global market products, including HK stocks, US stocks, HK and global futures, warrants, ETFs, derivatives, and pre-IPO trading. It employs AI technology for 24/7 stock-picking and forecasting, simplifying investment decisions and keeping clients updated on market trends.

Eddid Lite and Eddid Pro are specialized futures trading systems designed for professional investors. They offer advanced features and tools to meet the demands of sophisticated trading strategies.

By offering these tiered platforms, we ensure that all our clients, from casual retail investors to seasoned professionals, have access to the tools they need. This allows us to deliver our services more efficiently and meet the diverse trading and investing needs of our clientele.

Q. What were some of the challenges Eddid Financial overcame during its growth from a fledgling company to where it stands now? Can you share a few with us?

Staying abreast of evolving financial technologies was another significant challenge. The financial industry is fast-paced, with new technologies and strategies emerging regularly. To maintain our competitive edge, we've had to be innovative and adaptable. In fact, we have our own fintech team dedicated to developing the systems we use, from front-end to back-office operations. This in-house expertise allows us to be nimble and adapt quickly to market changes.

A great example of our adaptability is the launch of our own AI chatbot, Eddid AMA (Ask Me Anything). This tool significantly improved our operational efficiency, allowing us to provide timely responses to client queries while freeing up our human resources for more complex tasks.

A major milestone—and accompanying challenge—was our expansion from Hong Kong into the US and Southeast Asian markets. Building strategic alliances, understanding new regulatory environments, and catering to diverse client needs were complex but essential to our growth. Our success in these markets is a testament to our adaptability and understanding of global financial landscapes.

These challenges and our response to them have been pivotal in shaping Eddid Financial into the resilient, innovative, and client-focused company it is today.

Q. Would you like us to highlight something important happening in your company that we may have missed asking about?

The Group boasts an extensive portfolio of licenses in Hong Kong and the United States, leading to broad business coverage. This dual market presence equips us with a thorough understanding of diverse financial landscapes. Across the group’s three core business segments—investment banking, asset management, and brokerage—strong synergies are generated.

In addition, the group’s brokerage services are comprehensive. The flagship trading app Eddid ONE provides stocks, futures, forex, and fund investment services to retail investors. Through this collaborative approach, the company's various divisions can work together to provide more diverse financial solutions and deliver premium integrated financial services to clients.

Q. What are Eddid Financial’s plans for the future?

The group is actively looking for opportunities to expand into overseas markets, with a particular focus on Southeast Asia. We are exploring local strategic partnerships in SEA countries, including Malaysia and Vietnam, to establish a strong presence in the region's fintech market.

We established a strategic partnership with ManagePay Systems Berhad (MPAY, 0156.MY), a leading Malaysian fintech company. This partnership leverages both firms' fintech prowess to expand the Malaysian financial market, marking a significant step in our fintech expansion in Malaysia.

We also partnered with Anfin, a top online investor education platform in Vietnam. We are exploring ways to integrate our partner’s app with our new investment-focused social network app to broaden asset classes and market information for users, thereby democratizing financial knowledge in Vietnam. These collaborations highlight our dedication to making Eddid's innovative fintech solutions accessible in diverse marketplaces.

Additionally, we recently signed a Memorandum of Understanding (MOU) with PT OCBC Sekuritas Indonesia, the securities arm of Overseas Chinese Banking Corporation (O39.SGX). This agreement will establish a strategic partnership, allowing both parties to leverage their respective strengths and jointly explore opportunities in the Indonesian, Hong Kong, and US capital markets.

About | Dr. Jerry Tse

Dr. Jerry Tse is an experienced investment banker and CEO of Eddid Financial. Dr. Tse is adept at leading high-stakes projects and has successfully overseen more than 150 capital market transactions, including numerous landmark IPO projects and the restructuring of major corporations.

Dr. Tse holds a DBA from UCAM, Master's degrees from top universities such as the UoL and HKU, and is a qualified solicitor in Hong Kong, England, and Wales.