At a time when technology is driving the competitive edge in businesses to increase efficiency and create customer-centric solutions, two major players are seeking to boost their digital transformation this year to enhance decision making in the front office and deliver a better digital experience. ‘Hyperpersonalised advisory’ was the focus of panellists who took part in the What’s next in […]

The post Private banks upping tech game to mirror Netflix model appeared first on Asian Private Banker.

This is a sponsored article from FactSet. By Greg King The notion that wealthy clients with more than $2.5 million USD in investable assets want a primarily human-led wealth management relationship was under review long before the pandemic. Since the onset of COVID-19, this idea has essentially been rejected as more evidence emerges showcasing a positive relationship between a well-delivered […]

The post What Do Wealth Clients Want from a Digital Proposition? appeared first on Asian Private Banker.

The private banking unit of J.P. Morgan expects an expansion in earnings to give further legs to the bull run in global stocks, despite recent investor concerns over the sticky nature of inflationary pressures and the resulting impact on real yields. “The S&P 500 has had a phenomenal run since April last year, but we don’t think that this trend […]

The post Bull run in global stocks still has legs: Alex Wolf of J.P. Morgan Private Bank appeared first on Asian Private Banker.

Wealthtech provider Finantix has announced a strategic merger with InvestCloud to strengthen its Software-as-a-Service (SaaS) global wealth solutions platform. Finantix and Tegra118, a US-based wealth tech, will join InvestCloud, as part of the recapitalisation led by private equity houses Motive Partners and Clearlake Capital Group that valued InvestCloud at US$1 billion. Both Finantix and Tegra118 are portfolio businesses under Motive […]

The post Finantix becomes part of InvestCloud to boost SaaS wealth solutions platform appeared first on Asian Private Banker.

This is a sponsored article from FactSet. Over the past 10 years, environmental, social, and governance (ESG) investing has changed from a fringe concept to a regular activity. Regardless of whether the growth in ESG investing has been driven by client demand or a fiduciary focus on ESG-related risks, the numbers show that ESG investing has moved mainstream and warrants […]

The post HNWIs in Asia Pacific Drive Demand for ESG appeared first on Asian Private Banker.

This is a sponsored article from FactSet. In 2018, FactSet, in association with Scorpio Partnership, carried out a global online poll of 877 investors with an average net worth of $4.88 million. Respondents from the US, the UK, Singapore, and Switzerland answered questions on the digital transformation of the wealth management industry with a focus on three key areas driving […]

The post What Do Wealth Management Clients Want to See, Think, and Feel When Engaging with Data? appeared first on Asian Private Banker.

This is a sponsored article from FactSet. FactSet, in association with Scorpio Partnership, carried out a global online poll of 877 investors with an average net worth of US$4.88 million. Respondents from the US, the UK, Singapore, and Switzerland answered questions on the digital transformation of the wealth management industry, with a focus on three key areas driving disruption: Optimisation, […]

The post Wealth Management: Harnessing the transformative potential of new technology appeared first on Asian Private Banker.

This is a sponsored article from FactSet. The new generation of wealthy investors likes to share. They are significantly more comfortable communicating their opinions and sharing personal data online than the wealth management industry realises, our latest study suggests. Used strategically, this highly personalised content from social media sources can give firms the ability to supply clients with the tools […]

The post A ‘sharing’ new generation of investors is ripe for closer wealth management relationships appeared first on Asian Private Banker.

Rather than segmenting clients according to generation, financial institutions should prioritise ‘early adopters’ when assessing the online delivery of investment advisory services, according to a digital wealth management report released by FactSet. Greg King, senior director, wealth management strategy at FactSet, told Asian Private Banker that the most efficient method of determining the future adoption rates of new digital advisory […]

The post FIs’ digital teams should prioritise ‘early adopters’, not millennials: FactSet appeared first on Asian Private Banker.

This is a sponsored article from FactSet. One of the key debates defining the digital transformation of the wealth industry is that of data visualisation. Our latest study indicates that, for wealth managers, using design and visualisation to add value and generate trust is vital to remaining competitive – not least because the industry is ripe for disruption, with challenger […]

The post Harnessing data visualisation to build closer client relationships in an age of disruption appeared first on Asian Private Banker.

This is a sponsored article from FactSet. In March 2018, FactSet and Scorpio Partnership conducted a global online poll of 877 investors with an average net worth of U$4.88 million. Respondents hailed from the US, the UK, Singapore, and Switzerland, and answered questions concerning the digital transformation of the wealth management industry. In the world of wealth management, the shift […]

The post How wealth managers can define their digital future appeared first on Asian Private Banker.

This is a sponsored article from FactSet. Wealth managers play a critical role in translating client aspirations into actionable investment plans and strategies. However, in recent years, the volume and diversity of information available to those in wealth management has increased exponentially. As a result, it has become incumbent upon wealth managers to incorporate technology to enhance their strategies so […]

The post How do regional attitudes influence technology adoption in wealth management? appeared first on Asian Private Banker.

This is a sponsored article from FactSet. Wealth management is in the grip of a digital revolution. The sun is setting on the days when a private banker and client met once a quarter in a discreet club room for an amiable chat about portfolio options. Today, high net worth individuals conduct 44% of their wealth management interactions online and […]

The post Wealth management with a digital touch that is surprisingly human appeared first on Asian Private Banker.

Greetings, It is with great honour (and a modicum of relief) that I present this morning the final batch of Asian Private Banker‘s Awards For Distinction winners for 2017. I’ve said it before, and I’ll say it again: this was by far the most competitive year on record, with around 140 submissions from approximately 40 institutions throughout Asia Pacific, India […]

The post Top Eight for Week 5 – 12 January 2018 appeared first on Asian Private Banker.

DBS Wealth Management (WM), including its private banking arm, has reduced its market data costs by as much as 50% this month through the use of FactSet’s market data solution, according to DBS WM’s chief operating officer, Patrick Dreyfuss. The Singaporean lender armed more than 300 of its relationship managers (RMs) with Factset’s data analytics and data management tools in […]

The post DBS reduces RM market data costs by nearly 50% with FactSet tools appeared first on Asian Private Banker.

  This is a sponsored article from FactSet                  How do today’s HNWIs approach wealth generation? According to a survey of over 1,000 HNWIs conducted by FactSet and Scorpio Partnership, today’s wealthy individuals are highly concerned about uncertainty in the marketplace. More than 60% of wealthy investors assert that unforeseen market events are […]

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