Kpmg: Digital Adoption Key To Apac Wealth Management

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Financial services say that the key benefits of leveraging public cloud platforms or XaaS are better data management and integration, improved security and compliance and improved efficiency, the same top priorities as the overall sample. These answers are also in line with the top benefits seen from XaaS last year. Geopolitical uncertainty, the global energy transition and the pressures of digital transformation are placing the global manufacturing industry under strain. But despite the pressures, organizations can successfully navigate those changes. A carefully managed digital transformation should be central to manufacturers’ ambitions of boosting productivity and

What are the key growth drivers and benchmarks set by key global mobile payments’ ecosystems, and where does India stand in comparison? What are the prerequisites and prerogatives for different stakeholders (financial institutions, wallet providers, government and regulators) to establish a successful mobile payments ecosystem in India? The ninth annual Hong Kong Private Wealth Management report, jointly authored by the Private Wealth Management Association (PWMA) and KPMG China, provides an in-depth view into the industry landscape, evolving challenges, and emerging growth opportunities, with the added lens of AI’s growing impact. Investing in Digital Assets – Family office and high-net worth investor perspectives on digital asset allocation is a report based on a survey of FOs and HNWIs in Hong Kong and Singapore, as well as interviews with industry stakeholders. It takes an in-depth look at where and how FOs and HNWIs are investing, the key drivers behind their choices, as well as the main challenges they

Digital transformation impacts to the global manufacturing industry

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Welcome to Vision 2030, a new report from the Hong Kong Investment Funds Association (HKIFA) and KPMG. Vision 2030 is the third edition of this publication, which aims to take the pulse of the asset management sector in Hong Kong Four-fifths (80%) of asset and wealth management (AWM) organisations say disruptive technologies such as AI will fuel revenue growth, with those moving quickly to adopt ‘tech-as-a-service‘ potentially seeing a 12% boost to revenues by 2028, according to Foreword The global financial landscape and the wealth management industry have undergone a seismic shift over the past few years. Some of it was forced by the lasting impact of the pandemic, while the accelerated adoption of technology and evolving client demands were also key drivers. While markets finished 2021 at new highs, they are grappling with many uncertainties this year.

A polycentric model could trigger the development of previously under-utilised urban spaces, allowing for the more equitable spread of wealth across a metropolis. Public authorities in ASPAC could also create an inclusive environment through ambitious policies like infrastructure reform, job generation, or digital technology investments. MSCI Wealth Meeting the modern needs of wealth managers MSCI Wealth delivers an array of data, analytics, indexes and tools built to address these key trends reshaping the industry.

A new calling for new times Wealth management remains a sector with enduring growth potential, driven by growing household and entrepreneurial wealth, underfunded retirement savings, over-reliance on non-financial assets, individual responsibility for retirement, and intergenerational wealth transfer. COVID-19 has only served to emphasize the importance of

The fifth annual Hong Kong Private Wealth Management report provides an in-depth view into the current landscape and how the industry has coped with recent unprecedented challenges. The report also examines growth opportunities and trends along important themes of technology, regulation and talent. With deep experience in digital, business, risk and regulatory transformation, we help wealth and asset managers design and implement strategies that suit today’s investment market. As customers continue to move online, expectations for personalized services are increasing. KPMG in Canada can help you improve distribution with more sophisticated customer segmentation Our global outlook highlights 10 resolutions that wealth and asset managers should take to drive growth in 2025.

Wealth management remains a sector with enduring growth potential, driven by growing household and entrepreneurial wealth, underfunded retirement savings, over-reliance on non-financial assets, individual responsibility for retirement, and intergenerational wealth transfer. COVID-19 has only served to emphasize the importance of financial resilience as many Executive Summary KEY THEMES: Capital raising and deal sourcing are currently as challenging in APAC as in other regions, and APAC has seen very limited repricing to date. LPs largely have the upper hand, and investor preference leans toward “bespoke solutions” that can deliver expert management and deal sourcing with greater LP governance January 2023 In our Evolving Asset Management Regulation report of September 2022, we noted that changes to regulatory structures and regulators‘ operating models were being introduced, and that regulatory priorities were under review. We highlighted five broad regulatory themes that were common around the globe. These themes will continue to be at the forefront of regulatory

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Personalized banking and wealth management: AI can power chatbots and recommendations to offer customers hyper-personalized financial advice, services and product recommendations. Hong Kong, 20 Oct 2022 – Hong Kong’s private wealth management (PWM) industry remains robust despite a challenging macro environment, according to the seventh annual Hong Kong Private Wealth Management report.

Hong Kong’s fund management industry is experiencing a period of significant change and disruption in light of the ongoing global macroeconomic uncertainty, and more local challenges such as an ageing population, increasing competition, talent shortages, rising compliance costs and fee pressure. In more recent times, the COVID-19 pandemic has also had an impact on

And lastly, on the wealth side, KPMG recently completed a report with the Private Wealth Management Association, once again highlighting the continued resilience of the sector and the real strengths that Hong Kong has as an international trade and wealth management centre.

The 2022-23 Budget: Key Takeaways for Asset and Wealth Management In the backdrop of an ongoing surge in COVID-19 Omicron variant cases as Hong Kong enters into its fifth wave, this year’s Budget focused primarily on continued efforts to weather the COVID-19 pandemic, stabilise the economy and provide support to citizens. However, several initiatives announced may Embedded investing and wealth management refers to the inclusion of investment products within the digital platforms of a non-financial company. For example, some health insurance providers offer investment options to customers through their existing accounts, while some ecommerce and ride-hailing companies allow customers to purchase In this dynamic world where business and delivery models are expected to rapidly change based on the client’s requirements, the Quality Management System (QMS) plays a pivotal role in business success. QMS can empower organisations to address sustainable and predictable progress. The following questions can help reveal whether we understood the pulse of QMS.

Background The seventh annual Hong Kong Private Wealth Management report, jointly authored by the Private Wealth Management Association (PWMA) and KPMG China, provides an in-depth view into the current industry landscape and how it continues to respond to ongoing challenges. The report also examines growth opportunities and trends in important themes of technology,

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Richard Chow Head of Digital Adoption APAC, Wealth Management UBS AG Frederick Chu Managing Director & Chief Business Development Officer AQUMON Prof. Andy Chun Regional Director, Technology Innovation Prudential plc Gordon Crosbie-Walsh Chief Executive Officer, Asia EquitiesFirst Jessica Cutrera Vice Chair, Family Office Association HK and Regulation continues to be a key driver of the strategic agenda for financial services firms. Challenging economic conditions, the need for financial stability and operational resilience, changing consumer demands and behaviours, and environmental, social and governance (ESG) concerns are influencing regulatory agendas around the globe. KPMG has a wealth of digital assets experience across financial services and other industries, offering advisory services, tax and accounting guidance, and legal and regulatory compliance insights.

Transfer of wealth between generations driving evolution of wealth management The transition of wealth between generations is driving some wealth managers to rethink their approaches and to embrace technology innovation in order to meet the needs of younger, more technologically savvy high-net-worth investors — particularly given the rise in The APAC private wealth management landscape is evolving with the rise of external asset managers, AI, and tailored client services. How will these changes shape the industry’s future? The heightened pace of digital adoption during the COVID-19 pandemic created innumerable opportunities for technology-focused businesses. The ever-shifting environment and sporadic outbreaks of new COVID variants continue to disrupt global trade and supply chains.

Gain perspectives from industry leaders, uncover trends shaping wealth management, and find out their impact on wealth managers, banks and

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