Video Highlights - Independent Wealth SG 2019 - Alex Borissov

Alex Borissov of Finaport

Apr 16, 2019

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1. What are the opportunities and challenges for the year ahead?

Video transcript

1. What are the opportunities and challenges for the year ahead?

I think next to the challenges that are always there for us in terms of looking for talent and looking for new people to join us, I think there are some new-economy challenges that are coming up. Anybody who will stay behind the curve on the technology investment side to deliver more digitalization and transparency to clients in operational solutions, as well as investment solutions, will probably fall behind. So we feel that the allocation of time and resources to such investments is warranted today. We are facing more competition, but at the same time, we are hoping that the new regulation in terms of client adoption and client onboarding, where the CRS has kicked in and now takes full implementation with many governments around the world, will make the onboarding process for clients much easier.

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