Wealth Managers Must Reconfigure Their Businesses with The Right Technologies: Carpe Diem!

The wealth management segment is facing major challenges in their businesses induced by geo-political factors, the pandemic, and rising interest rates, thus, impacting the performance of debt and equity instruments as well as other asset classes globally.

Apart from this, the wealth management industry is going through changes within, such as newer customer segments like Gen Z and millennials, growing acceptance of wealthtech and fintech players, customers acquiring the ability to make their own investment decisions, reducing their reliance on wealth management advisors, and the rise of ESG-driven investments, to name a few.

In such a dynamic environment, the pressure to adapt is greater for players operating in lucrative markets such as those in the APAC region.

It is estimated that APAC’s wealth management market, which recorded revenues of US$247.8 Billion in 2020, is expected to grow at a CAGR of 12.7% over the decade to 2030, with an estimated revenue of US$811.5 Billion.
Banks and wealth management service providers must recalibrate their business strategies and operating models to grow profitable. In this whitepaper, we dive deep into the APAC wealth management market and the opportunities it offers.
In this whitepaper, you will discover:
  • Major trends in the APAC wealth management market
  • How wealth management players can respond to the changes
  • The role of technology to achieve profitable growth by offering hyper-personalized propositions



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