Helping Asian Wealth Management Communities interact

Digital Wealth Asia Forum 2019 HK - Highlights - Hin Han Shum

Jump to section:

1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

For the wealth management industry in Hong Kong, there are a lot of opportunities now. With every business, we want to try to monetise. We want to make profit. And with technology, with the rapidly developing technologies in place, there's a lot of tools that we can use to streamline and make the business more efficient, and also to help cater for customer concerns or customer requests. But at the same time with all these new technologies, there's also a lot of new issues that arise. So legal regulatory compliance is really important to ensure that not only do you make money, but you don't lose the money from sanctions or from any sorts of cybersecurity breaches that will cause a lot of data breach costs to be incurred. So, it's important to make sure that there's a balance between how you make the money, how you use the opportunity, and how you safeguard your own assets.

More videos from Hin Han Shum, Squire Patton Boggs

Latest Articles

Latest News