London, 15 November 2017 – Southeast Asia has garnered tremendous wealth management fanfare over the years, and the region is a melting pot of global and local private banks, wealth managers, and technology vendors. But while Singapore is setting global standards in wealth management technology (wealthtech) innovation and best practices, markets such as Indonesia, Thailand, Malaysia, and the Philippines are maturing in their wealthtech uptake at vastly different paces. These are indeed the most opportune and the most challenging times for wealthtech in the region.
This report provides a flavor of each of five wealth markets (Indonesia, Thailand, Malaysia, the Philippines, and Singapore), identifies their unique local dynamics and trends, and highlights the key technology vendors making a mark. It is based on a mix of primary interviews and secondary desk-based research conducted in September and October 2017.
This 71-page Impact Report contains 22 figures and 18 tables. Clients of Aite Group’s Wealth Management service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions ABN AMRO, Accenture, additiv, AGDelta, Alibaba, AL Wealth Partners, AmBank Group, ANZ, Appway, Assetis, AutoWealth, Avaloq, Banco de Sabadell, Bambu, Bangkok Bank, Bank Central Asia, Bank Muscat, Bank of America Merrill Lynch, Bank of China, Bank of Singapore, Bank of the Philippine Islands, Bank of Tokyo-Mitsubishi UFJ, Bank Rakyat Indonesia, Barclays Wealth & Investment Management, BCS Information Systems, BDO Private Bank, BNP Paribas Wealth Management, Bordier & Cie, BSI Bank, BTG Pactual, CaixaBank, Capgemini, Charles River, China Banking Corporation, CIMB, Citi Private Bank, Comarch, Contineo, Coutts, Credit Suisse, Crealogix, Daon, DBS Bank, DDIQ, Deutsche Bank Wealth Management, EastWest Bank, Edmond de Rothschild, EFG International, ERI Bancaire, FactSet, Falcon Private Bank, Farringdon Group, Finantix, FinIQ, FinFabrik, Finnomena, FIS, Fiserv, GM Bank, Goldman Sachs, Hong Leong Bank, HSBC, IBM, IMTF, Industrial Bank of Korea, ING Private Banking, Infopro, Infinity Partners, Infosys, Intellect Design Arena, IRESS, InvestCloud, Julius Baer, Kasikornbank, Kenanga, Krungthai Bank, Krungsri, Leonteq, LGT Bank, Lombard Odier, Lu International Singapore, Macquarie Private Bank, Manulife Financial, Maybank, Mesitis, Microlink, Microsoft, Miles Software, Mitek, National Australia Bank, National Confederation of Cooperatives, Numerix, OCBC Bank, Old Mutual, Oracle, Orbium, Optimum Bank, Path Solutions, Pershing, Philippine Federation of Credit Cooperatives, PIVOT Fintech Pte. Ltd., Prive Financial, Profile Software, PT Bank Mandiri, Public Bank Berhad, Quantifeed, RBC Wealth Management, RCBC, RHB Bank, Rothschild Bank, Sage, Sandaire, Schroders Wealth Management, Siam Commercial Bank, SimCorp, Silverlake Axis, Smartly, Societe Generale Private Banking, SS&C Technologies, Standard Chartered, StashAway, Sun Life Financial, Taurus Wealth Advisors, Temenos, Tencent, Thomson Reuters, TMB Bank, UBS, Union Bancaire Privee, UnionBank of the Philippines, UOB, Vermilion, Wealth Management System Limited, webMethods, WeInvest,and Xignite.