Philippines Wealth Management Forum 2019 - Highlights - Abhra Roy
Head, Finacle Wealth Management Solution
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Challenges are twofold. One on the business side and one on the technology side. And the business side would be problems regarding people, regarding changing regulations, devising new business models, driving up the advisory fees and changing the fee model. On the technology side I think there's a growing need for the business to align to the technology needs. It’s all around digital; mainly where people are talking about digital, how to achieve digital and be a full digital stack. There's a journey that needs to be achieved by business and also by technology and somewhere it needs to align.