Event Agenda
- Solving client pain points through digital innovation
- Fixed costs vs variable costs: Rents and Salaries
- Digital Channels of distribution
- Data Analytics and monetization
- Have we seen any examples of tangible success in digital wealth management?
- How should banks decide what’s working? What KPIs should we use?
- Do we focus on the technology without consideration of whether anyone wants to use it?
- Digital tools provided to RMs for advisory – what has been the Banks’ experience on the adoption and value add, and any challenges faced?
- How can we improve the culture of innovation and change within Wealth Managers?
- What’s the impact of artificial intelligence (AI) and big data analytics?
- How does it save money or drive revenue?
- Build it yourself or PLUG & PLAY?
- Platforms and processes – what’s the role of digital?
- Is China where we see the real innovation and opportunities?
Executive Director, Head of Wealth Management Technology, Asia ex-Japan, Global Information Technology Division
Nomura
- How these technologies are practically being utilised (or intending to be utilised) within the wealth management sector
- How these technologies are evolving from their 1.0 versions
- What impact these technologies will actually have on our existing operating models
- Customer has very set digital habits
- These habits can be exploited to create stickiness and influence buying behaviour
- Data shows that Banks doing aggregation for the customer have an 'unfair' edge
- What is the client experience that clients are looking for?
- Are traditional wealth managers struggling to keep up with client expectations?
- Can new banks be successful? Are they really any different? What is actually digital?
- How will this evolve in Hong Kong?
- Do people see a positive commercial effect? Will anyone make money and how?
- Are payments a problem?
- Is the cost of delivering financial advice and services reduced?
- How will clients transact, monitor portfolios, absorb investment ideas?
- Is there any role for RMs?
- Self-Service or RM-supported Onboarding
- Main Compliance & KYC Challenges
- RegTech platform: ICOS/2
In this session Orbium will present the four waves of Agile from single Agile / Scrum teams, to Agile Scaling, Business Agility and Digital Innovation. Understanding these “waves” is very key to banks charting their course and getting the most out of their Agile / Digital transformations.
- Analog Wealth Management in a Digital Asia
- How to Communicate with today’s Asian Based Clients
- Welcome to Digital Asia
- The custody landscape
- Key issues for banks and financial institutions
- Balance of security and availability
- What is SILO
- Making sense of blockchain - what are the real applications & implications in financial services?
- What’s happening in AI – and what's its application in wealth management?
- FinTech – What's working or not working?
- How are FinTech companies partnering with larger more established institutions?
- What makes these partnerships work - what both sides are looking to achieve?
- What has emerged from any of the Incubators, Labs and other initiatives?
- There has been lots of talk – but what’s next?
- What's really under the lid? Is there any genuine innovation?
- FinTech disruptors have leapfrogged the digitalisation race, are banks missing out on the race? (Agility vs. organisational complexity: how FinTechs are monetising things differently than banks)
- What can banks do to effectively position themselves in the digital world? (Competitive advantages, innovate solutions, enhance current product landscape, build a sustainable revenue model)
- How should banks monetise and determine the right price tag for new online services? (Design product around customer’s willingness-to-pay, exploit customer data, open banking, monetising APIs)
- What’s the role of women in FinTech in Hong Kong and how is that evolving?
- What can we do to attract more Women in FinTech?
- What’s the development of FinTech and RegTech in Hong Kong?
- Where is the discussion today around Crypto? Still interesting and viable?
- What's the role of Digital in insurance and how is that developing?
- What's the usage of alternative data and how it can lead to enhanced profit margins?
- How is digital transformation happening in most firms and how can this capture new revenue pools?
- How will new platforms impact the wealth management space?
- Is Robo still a term that’s mis-used and misunderstood?
- Is it possible to integrate Robo offerings into existing wealth platforms?
- What does the platform of tomorrow look like?
- What’s the likelihood we can engage clients directly?
- Have consumers, banks and consultants really embraced ‘new stuff’?
- How can digital improve investment outcomes for clients?
- How can you improve the middle and back office?
- What should the investment engine behind digitized advice be?
- Can you deliver ‘advice’ using digital?
- Is digital just about doing this cheaper?