Thailand Wealth Management Forum 2019 - Exclusive Insights - Benjarong Techamuanvivit - 2

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1. Open architecture in Thailand – myth or reality?

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1. Open architecture in Thailand – myth or reality?

That's the reality to me, but it's in the context of the Thai environment or ecosystem, because you see the background is 72 percent of total mutual fund AUM in Thai market is commanded by the top five big banks. Would three of them open it to other third parties who would be able to give it to the head to head competitors? It's unlikely, it's not sensible at all, so I think it's possible but it would be given to the middle tier and small tier bank only. But for the pioneer middle tier bank, their success is really inspiring.

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