Three-quarters of private banks in Asia have increased their technology budgets year-on-year, with a particular focus on improving “still painful” client onboarding and streamlining RM-client communications, according to a survey conducted at Asian Private Banker’s 5th annual COO Leaders Conversation, held in Singapore today. Almost one-third (31%) of respondents indicated that their technology budgets have increased by more than 20%…
75% of Asia PBs increase tech spending YoY, prioritise “still painful” KYC

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