The Opportunities in Wealth Management in APAC-Part 2
Authored by: Andrew King, Head of Synechron Hong Kong, and Maanas Varun, Managing Consultant, Singapore
In Part I of this article, we explored some of the recent pain-producing challenges and changes the APAC wealth management industry has been experiencing. We also explained the key strategic business trends that savvy businesses will want to address. In addition, we identified several industry-specific shifts that wealth management firms will want to understand and prepare for, including shifts in investor demands and emerging and maturing technological capabilities.
In Part II of this article, we take a closer look at some of the APAC wealth management industry’s business-led evolutionary trends. We also discuss some of the technology-driven solutions and tools that have become not just available but mainstreamed to help enterprises shift gears and prepare for the new and different future that wealth management institutions will shortly embrace. Adaptation will be the name of the game and will allow firms to appropriately respond and thrive well into the future.
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