Managers of Wealth Asia Pacific

ERI Newsletter Spring 2016

Further Expansion in the world of the OLYMPIC Banking System

Banks to boost financial technology projects in Asia-Pacific as China drives investment

Spending in the region up 517 per cent in the first quarter to US$2.7 billion, according to estimates

Building a data analytics culture in financial services

Analytics leaders at ANZ New Zealand and CommBank share how they're fostering buy-in to data analytics within their organisations

Profidata’s e-AMIS successfully implemented at Ferrell Asset Management in Singapore

The key reason for the decision to purchase e-AMIS was the ability to implement regulatory and internal standards during the client onboarding process.

China's Huatai Securities acquires tech provider

Huatai provides services including brokerage and wealth management, investment banking, asset management and investment and trading to retail investors, institutional investors and corporate clients.

Tech provider Bravura up for sale

Bravura is the standout performer in that transition and is set to increase its market share from 4 per cent to 22 per cent of assets under administration on adviser platforms.

SimCorp inks large additional license agreement with Nomura Bank

With about 370 employees, Nomura Bank S.A. provides a broad scope of fund administration services to investment vehicles domiciled in different locations.

Alibaba’s $1B investment came just in time for cash-strapped Lazada

Lazada has long been billed the Amazon or Alibaba of Southeast Asia.

ASIC Talks to MAS to Strike FinTech deal

The agreement will ensure that regulation does not hinder start-ups looking to operate in both countries.

QuietGrowth launches mobile app for investors

QuietGrowth has introduced the ability for investors to allocate portions of their savings towards portoflios with different risk levels.

Technologies for banking industry: Leveraging Digital India

JAM is another step in digitizing India through a synchronised banking system covering the whole nation.

We're close to being leaders in the digital banking space: SBI

The country's largest bank, State Bank of India, has managed to migrate about a tenth of its 280 million customers to the internet platform.

Plugging the digital gap

Wealth management continues to move from the traditional model of personal financial advice towards becoming increasingly digital.

Tech start-ups snap at the heels of Asian private bankers

But its private banking industry is only slowly waking up to the demands of a new, tech-savvy generation of wealthy clients and family offices

Avaloq named as a ‘leader’ in wealth management BPO by leading research firm NelsonHall

The assessment highlights especially the vendors’ ability to deliver immediate benefits to its customers and their ability to meet their customers’ requirements throughout their journey.

SWIFT claims no system breach in $81-M Bangladesh Bank heist

Banks are ultimately responsible for ensuring the safety of all transactions, according to SWIFT, the messaging network system financial institutions use to send money transfer instructions.

Avaloq Wins Business in Asia

With Maybank as its customer, Avaloq is boosting its presence in a fast-growing market for private banking.

Xero's rich data heralds a new world for banks

As Xero continues on its growth trajectory and as more small businesses get comfortable sharing data with lenders and payment providers – which allows them to make a more accurate assessment of risk – Xero is an example of how technology innov

MAS moves to promote financial technology

Singapore's banking regulator is exploring an all-in-one system that will allow people to pay others electronically using the payee's mobile number, e-mail address or social network account, without the need for bank account numbers.

Foreign investment funds eye fintech startups

This is the first time Vietnamese startups have had such a two-digit capital disbursement, especially in fintech, a new business field.