5 Factors that Impact the Digital Transformation of Financial Advisory Services
In recent years, the financial services sector has faced many disruptions, from emerging FinTechs to the pandemic and increased regulations. In order to stay competitive, banks would need to engage strategies that adapt to external and internal pressures to improve their services and organizational efficiency. We’ll be honest, it’s not the easiest walk in the […]
60 Million Users and Counting – An interview with Varun Sridhar from Paytm Money
We had the pleasure of sitting down with Varun Sridhar, CEO of Paytm Money, India’s largest online investment and wealth management platform. Varun is an expert in leading financial institutions to digital transformation through intrapreneurship. Prior to Paytm Money, he served as CEO of FinShell India, where he helped launch PaySa, a mobile fintech platform. […]
Understanding the Basics of Robo-advisors
Investing has long been a human-led experience where people trust financial institutions and portfolio managers’ advice on potential opportunities. However, this slow-moving approach is quickly becoming a thing of the past with the rise of Robo-advisors. But what is a Robo-advisor? Simply put, they provide people with portfolio advice through an automated advisory service. From […]
2020 Year In Review – Top 10 Milestones
2020 Year in Review It’s hard to believe that the year has flown by so quickly that we are a couple of weeks away from welcoming 2021. To wish 2020 farewell, we’re recapping our top 10 most memorable milestones. Here’s a look back at 2020. New projects: 9 Employees: 70+ globally Sales: Doubled in 2020 […]
Top 20 Finalist for MAS Global Fintech Hackcelerator
On November 26th, the Monetary Authority of Singapore (MAS) announced the 20 finalists for the 2020 Global FinTech Hackcelerator (GFTH). This year, finalists presented their unique solutions to MAS in response to the challenges posed by COVID-19 and climate change. The GFTH aimed to drive positive social and environmental impact within the financial sector. Judges […]
How can Wealth Managers and Customers Benefit from Wealth Tech?
Defying Expectations Robo-advisors global AUM is expected to reach the US$1 trillion mark in 2020 and quadruple to US$ 4.6 trillion by 2022. The rise of Robo-advisory is evident. Now more than ever, it is critical for wealth managers to grasp the opportunity or face getting left behind. But of course, it is only natural […]
A Promising Future in the APAC Wealth Management Scene
Wealth Management is in a Quandary Recently, we’ve seen Lloyds (UK) being fined £117 million in 2015 for failing to treat customers fairly, and Wells Fargo (US) fined US$3 billion in 2018 for charging clients unanticipated fees. There is a wind of change sweeping the wealth management industry – specifically regulations. Born out of the […]
Bambu Founder Story – When “Fin” meets “Tech”
It’s the start of something new. What could lead an experienced finance professional and a serial software developer to “risk it all” by venturing into the world of startups? At age 50 and 35, Ned Phillips and Aki Ranin embarked on an entrepreneurial journey with Bambu. The journey started with a dream to empower the […]
How has Digital Wealth Technology Evolved?
Evolution of Robo-advisors Today, the average person touches their phone an astronomical 2,617 times per day. That works out to be an average of 3 hours 10 minutes per day and just over 1,000 hours on our mobile phones a year! It’s no surprise that the past decade has been labelled as the ‘digital era.’ […]
Top 2 Growth Priorities for Asia’s Wealth Managers
Asia is Experiencing a Slump By 2030 the world’s middle classes will number 4.9 billion and 66% of them will be in Asia. Boosted by the rise of income levels, Asia is poised to be the leader in the asset management industry, as evident by the six consecutive years of growth, at an average of […]