Digital Wealth Asia Forum 2018

W Hotel, Hong Kong,Hong Kong

We were delighted to host our annual Digital Wealth event in Hong Kong.  Over 250 CEOs, CIOs, COOs, heads of technology / digital, and other senior practitioners attended – from a mix of Private Banks, Retail Banks, Insurance Companies, Independent Firms & Family Offices, Asset Management Companies, and IFAs.

Below for your interest and reference are links to various content we captured from the day. Please click on the orange headlines – and do send any comments or feedback to [email protected].


Content Highlights 

Video Highlights
Video Highlights Summary
I love wealth management
Event summary
Panel discussions
Presentations & Wealth TALKS


Post-event Report

You might also like to view the full Post-Event Report – which is a consolidated summary, including photos of speakers & delegates, the attendee profiles & some delegate feedback, polling results, and more.


Event Summary 

Digitalisation of Asia’s Wealth Management Industry: Into the Future

At a time when financial institutions of all types are re-assessing their strategies for, and engagement with, all kinds of technology, we again realised our ambition of hosting a unique thought-leadership event at which many of the most influential participants in the Asian wealth management community could exchange ideas, information and build connections.


Video Highlights

At the Hubbis Digital Wealth Asia Forum in Hong Kong on November 9th, we interviewed leading industry experts. 
Full Video Highlights
Full Video Highlights - Summary
I love wealth management

Their individual interviews can be accessed below: 

Alan Luk, Hang Seng Private Banking
Andreas Wenger, IMTF
Audrey Wong, Quantifeed
Bassam Salem, Obuhi
Frank Henze, Trimantium GrowthOps
Matthew Chan, Mercer
Harle Mossman, FNZ
Jamie Spence, Asian Link
John Okoro, Orbium
Kimberley Cole, Fintech Adviser
Mark Wightman, EY
Mathias Helleu, 8 Securities
Michael Benz, Synpulse
Seamus Donoghue, Metaco
Silvio Struebi, Simon-Kucher & Partners
Tanmai Sharma, Canopy
Tariq Dennison, GFM Asset Management
Vippy Wong, Quinlan & Associates


Panel Discussions 

We held 5 interactive panel discussions throughout the day – which involved 22 senior industry practitioners who we invited to participate and share their thoughts. We have also incorporated into the summaries below the briefing notes which speakers sent to us in advance of the event. Plus, we have included the results of audience polling as well as questions we received from delegates. Click on each headline to view the PDFs.

Digitalisation and its Impact on Wealth Management in Asia
Digitalisation is a watchword for the private banks and wealth management firms competing for a share of the rapidly-growing Asian high-net-worth and ultra-HNW client. A panel of experts at the Hubbis Digital Wealth Asia Forum exchanged some vital insights into their experience of the technology revolution washing over the industry.

Panel members
Terence Tam  Executive Director, Head of Wealth Management Technology, Asia ex-Japan, Global Information Technology Division, Nomura
Werner Schlossmacher  Managing Director, Platform Solutions Group, APAC Solutions, Markets, Asia Pacific, Credit Suisse
Alan Luk  Head of Private Banking & Trust Services, Hang Seng Private Banking
Jonathan Ha  Chief Executive Officer, Red Pulse
Bénédicte Nolens  Head of Regulatory Affairs for Asia and Europe & CCO for Asia, Circle

Virtual Banking in Hong Kong: Will it be More Hype than Impact?
The Hong Kong Monetary Authority in late August announced it had received 29 applications for its first virtual bank licences, with the applicants ranging from telecommunications operators and financial technology companies to global banks. Hubbis assembled a group of experts at the Digital Wealth Asia Forum to discuss the implications for the wealth management industry.

Panel members
Michael Benz  Senior Advisor/Digital Banking, Synpulse
Gary Ng  Partner, Risk Assurance, PwC
Silvio Struebi  Partner, Simon-Kucher & Partners
Ricardo Wenzel  Director Advisory, Wealth & Asset Management. KPMG
Jacob Wai  Chief Risk Officer, MoneySQ

Demystifying the Hype: Cryptocurrencies, Blockchain and AI
Panellists gathered at the Hubbis Digital Wealth Asia Forum to discuss the ever-evolving landscapes of digital assets, blockchain technology and AI. While digitalisation is certainly nascent, increased uptake, understanding, regulation and guidance are ensuring that technological advances are becoming increasingly beneficial for wealth management.

Panel Members
Christophe Lee  Founding Partner, JP Asia Partners
Frank Henze  Practice Lead - Financial Services IT, Trimantium GrowthOps
Mark Wightman  Partner, Wealth & Asset Management Advisory, EY
Seamus Donoghue  Vice President of Business Development, Metaco
Jamie Spence  Founder & Managing Director, Asian Link


Women in FinTech - Shaping a New Future
A panel of all-female technology experts assembled to cogitate on the role of women in the digital revolution and to assess the implications of new advances in the wealth management industry. The panellists are all leading lights at the Fintech Association of Hong Kong, to which they offer their time and expertise above and beyond the demand of their senior roles in digital technology and regulatory affairs.

Panel members
Vippy Wong  Partner, Quinlan & Associates
Michelle Chan  Head of Business Development, FWD
Avril Parkin  Committee Co-Chair for Big Data, Fintech Association of Hong Kong


Is Digital Faster, Cheaper & Better Wealth Management?
The Hubbis Digital Wealth Asia Forum concluded with a panel of experts debating how digital can make wealth management faster, better and more profitable. The conclusion was that most of the digital tools are already sufficiently advanced, but that the private banks and other wealth management businesses now need to be brave enough to adopt the new solutions. Meanwhile, nifty new competitors must focus intently on the wealth management clients of tomorrow.

Panel members
Mathias Helleu  Executive Chairman, 8 Securities
Tanmai Sharma  Chief Executive Officer, Canopy
Clarie Kwa  Director, 360F
Tariq Dennison  Investment Specialist, Retirement Plans, GFM Asset Management
Gabriel Goh  Head of Research and Development, Asia-Pacific, FNZ
Audrey Wong  COO & CFO, Quantifeed
Matthew Chan  Senior Consultant, Mercer



Below are summaries of the Presentations and Wealth TALKS delivered at the event. These were 10-minute slots hosted either by senior industry practitioners who we invited to speak (Wealth TALKS), or by some of our event partners (Presentations). Also listed with each summary are links to the presentation slides (where these are made available by speakers). Click on each headline to view the web versions of these – from which you can also access the PDFs.

Digital Enablement for Digital Engagement for the Wealth Management Industry
A head-to-head interview at the Digital Wealth Management Forum in Hong Kong highlighted the arrival of a website named Obuhi that has been created to connect independent workers of all type to those seeking their services. Bassam Salem, CEO and Founder of Obuhi and who was formerly CEO of Citi Private Bank explained to the audience how the site can provide vital linkages and solutions for the wealth management business in Asia.

FNZ Accelerates Asia Expansion focusing on providing Digital Asset Wealth Transformation
Harle Mossman, Managing Director for North Asia at wealth technology company FNZ, made a presentation to delegates attending the Digital Wealth Asia Forum on the application of Blockchain, predictive analytics and Robo advisory within the wealth management sector.

Data and Account Aggregation is a Winner-Takes-All Game
Tanmai Sharma is the CEO and Founder of Canopy, a financial data company that aggregates data for client accounts into insightful investment analytics. He presented his insights into customer behaviour, telling attendees he has no doubt that deep data aggregation and analysis is the way forward in wealth management.

IMTF’s State-of-the-Art Solutions for Digital Onboarding in Wealth Management
The automation and digitisation of the Client Onboarding & Lifecycle management are fundamental for all private banks and financial institutions (FIs) to significantly decrease compliance and operational costs while at the same time increasing customer satisfaction. Dr Andreas Wenger, APAC General Manager of IMTF, the Swiss-based leader of process automation & digital transformation for the global financial industry, enlightened delegates on how RegTech solutions can help.

Orbium’s Road Map for Digital Transformation in the Wealth Management Industry
John Okoro, Head of Agile Practice at Swiss management and technology consulting firm Orbium, knows that for banks and other wealth management providers need a roadmap to chart their course through the difficult terrain towards digital transformations. He has exactly that, in the form of what Orbium calls ‘the four waves of agile’.

Smart Digital Communications for the Wealth Manager of Tomorrow
Shane Meredith, Director of Wealth & Advisory at SS&C Technologies, spoke at the Hubbis Digital Wealth Asia Forum in Hong Kong. Real-time digital client communications, he explained, must be part of the wider technological revolution in wealth management, as younger clients in Asia are demanding simple, real-time, transparent and effective communication. With this, success beckons. Without it, failure looms.

Cryptocurrency and Digital Asset Custody – Solving the Security Conundrum
Seamus Donoghue, Vice President of Business Development for Swiss technology solutions provider Metaco, is an expert in the world of digital custody, which is evolving fast, enabled by digitalisation and new transaction methodologies such as blockchain. He addressed the audience at the Hubbis Digital Wealth Asia Forum on the current state-of-the-art in the world of digital custody.

Monetise Effectively to Win the Digital Race to a Sustainable Future
Dr Silvio Struebi, Partner of Simon-Kucher & Partners, told the audience at the Hubbis Digital Wealth Asia Forum how FinTech disruptors have leapfrogged the digitalisation and monetisation race, leaving organisationally cumbersome banks in their wake. How then can the banks react to improve their competitive position, to innovate solutions, enhance their current product suite and build a sustainable revenue model?