Why banks shouldn't under-value the power of digital
Mark Jansen, partner, advisory, financial services industry practice at PricewaterhouseCoopers, explains the significance for private banks of getting their digital strategy right amid the growing role for technology in driving a successful customer offering and meeting industry needs.
Wealth industry falling short on digital marketing, says new study
According to a study by SEI, Standard Chartered Private Bank and Scorpio Partnership, the banking and wealth management industry is not yet meeting the demands and interests of its clients in terms of engaging them with technology and digital communications.
Client onboarding software firm expands into Asia
Client onboarding software specialist Appway has officially announced the launch of its hub in Asia.
Moving beyond the manual approach to data
Lionel Biennier, managing director and head of business development for Asia Pacific at TeamWork Management, discusses why the manual approach to data analysis and reporting is a thing of the past, and what independent firms are looking for in 2013.
Finding technology-driven business solutions
Leading technology and operations practitioners came together in Singapore in March to discuss trends, opportunities and challenges in relation to finding business solutions through the smart use of technology and software - at a roundtable organised by Hubbis and co-hosted by Assentis Technologies.
DST Global Solutions launches real-time alert technology
Technology and data management solutions provider DST Global Solutions has introduced an “Intelligent Alerts” concept as part of their Anova data management solution.
Data related challenges in Asian wealth management
With regulators becoming more and more demanding around the profiling of banking customers, institutions are faced with numerous challenges in terms of managing and maintaining their data, and finding effective and suitable ways to use it. The implementation of systems and platforms is clearly a solution – but a costly one, which also raises other challenges around compatibility and integration.
How to use data to improve the client experience
Data presents banks and other wealth management firms with a plethora of opportunities to stand out and win more business in today’s competitive environment. Tailored customer communication and enhanced adviser empowerment are two ways in which firms can improve the client experience, using data they already have.
Bringing the right solutions to South-east Asian banks
Anselm de Souza, managing director for Sopra Banking Software in Asia Pacific, stresses the importance for banks and wealth managers in South-east Asia of investing in systems to drive revenue and ensure a robust platform to meet regulatory requirements.
Social channels outpace bank marketing, says survey
According to around 3,500 high net worth individuals globally, digital channels play a significant part in the process of selecting an adviser.
Nomura Securities adopts new wealth software for advisers
Nomura Securities announced on Monday that it has adopted the Nomura Research Institute Advisor Platform as a wealth management software solution to assist its financial advisers.
Expersoft Systems expands in Asia
Expersoft Systems has strengthened its offering in Asia by hiring Robin Tan as manager, implementation and support for Asia Pacific, from Union Bancaire Privee.
Why banks mustn't delay in finding the right systems solutions
Nicholas Hacking, director of sales at banking software specialist ERI Bancaire, discusses the regulatory and compliance requirements worrying banks today, along with issues they should be considering within the wider technology trends within wealth management.
Tailoring technology solutions for Asian wealth needs
Daniel Bardini of SunGard explains how the firm has developed its technology platform and tools to cater specifically to the Asian wealth management model and address local market challenges.
Smarter ways to trade equities
Ernst Roth, managing director of theScreener in Singapore, talks to Hubbis about the firm’s offering in the equities space, and outlines the value it provides for the wealth management industry.
The importance of consolidated reporting
Jean-Luc Freymond of SAGE discusses the challenges and opportunities for consolidated reporting within wealth management in Asia, especially in relation to data.
Driving value via technology in Asian asset management
For asset management companies in Asia, doing business is getting tougher by the day, it seems. This is largely due to the significant, ongoing regulatory changes underway, both globally and locally.
Creating a more effective online and mobile offering
As firms look to continue to develop viable mobile banking solutions, managing the flow of customer data to make the offerings relevant and usable requires a significant investment in technology and other resources to ensure consistency
Making data core to an enhanced client experience
Rather than treating client data simply as a means to an end, wealth management organisations – and their frontline staff – should leverage it to provide new insights and talking points for clients.
The future role of technology in wealth management
Daniel Bardini of SunGard looks at the role and application of technology in terms of the adviser-client relationship in wealth management and private banking going forward.
Finding more meaningful ways to manage data
The challenges of gathering, managing, analysing and using data in Asian wealth management continue to mount.
How to enhance customer communication
Urs Tanner of Assentis Technologies explains how to improve the way an organisation communicates with its customers, and looks at how to implement this in practice.
Charles River opens Hong Kong office
Charles River has opened a regional sales office in Hong Kong to support its continued growth across Asia Pacific.
The link between investment products and Amazon.com
Andrew Au, chief executive officer of AG Delta, explains why principles from e-commerce portals are relevant for wealth managers, too, to help them revolutionise the distribution of investment products.
Wealth management IT spending to top US$4.5 billion in 2013
IT spending in the wealth management industry is estimated to reach US$4.4 billion in 2012, and then grow at a rate of approximately 6.4% in 2013, a recent report has revealed.
Creating tailored sales materials
Urs Tanner of Assentis Technologies discusses the importance of individualised sales materials and pitch-books to help organisations and advisers stand out in today’s competitive landscape.
Providing the tools for advisers to make a difference
Bill Cassidy, managing director of SEI Investments (Asia), explains some of the tools and data needs of wealth managers, from senior management to frontline advisers, to set them apart from the competition in an ever-tougher industry environment.
Improving the client onboarding process
Urs Tanner of Assentis Technologies looks at what can be done to address some of the common challenges in client onboarding, and explains how to improve the process from the client’s perspective.
How to get integration right
Mathias Schuetz, general manager, Western & Southern Europe and Asia Pacific, at Avaloq, looks at what it takes to ensure smooth interaction of new adviser technology and tools, with a view also to how requirements are likely to evolve.
The role of data in dealing with the regulatory minefield
Against the backdrop of today’s ever-changing and increasingly-complex regulatory environment, both across Asia and globally, the focus on the quality, consistency and accuracy of data needs to be sharper than ever before.