WealthTech is defined as any technology-enabled wealth fintech that facilitates the distribution, manufacturing, and post-trade and back-office activities across the wealth management value chain. With its growing economy and increasing wealth, Asia-Pacific is becoming an important region in global wealth management. However, the industry is still nascent, with around 40 to 45% of personal financial assets (PFA) in cash and deposits.
This year, few individuals have had as profound an impact as Sam Altman, CEO of OpenAI. Altman's visionary leadership and groundbreaking innovations have propelled OpenAI to the forefront of the AI industry, earning him the title of TIME Magazine's 2023 CEO of the Year. This prestigious honor recognizes Altman's significant contributions and the challenges he has overcome along the way.
In an era of rapid technological evolution, the financial services industry is at a crossroads where tradition and innovation collide.
In a time when technological advancement is reshaping the landscape of the financial industry, private banks have significant implications. The emergence of open finance, which fosters transparency and inter-connectivity in financial services, presents these institutions with a unique opportunity.
Financial technology (FinTech) is offering opportunities for investments, creating new solutions and technologies, and increasing access to banking services. The sector is growing rapidly, and the reports suggest a notable gender gap. According to Findexable’s 2021 Diversity for Growth Report, women hold only 11% of all FinTech board seats and represent less than 20% of company executives.
With the rise of finance as a strategic business partner and the automation of several critical accounting processes, wealth managers are seeing a sea change in their functions. Thus, the function of the financial expert has evolved from that of a "number cruncher" to that of a storyteller. How can those in the financial sector better explain the reasoning behind their reports and decisions? We offer you a suggestion below.
An increasing number of famous luxury brands are accepting payments in cryptocurrencies. This article provides an overview of which brands are jumping on the crypto bandwagon, their reasons for doing so, why some competitors might be hesitant to follow suit, and other sectors in which crypto payments are catching on.
In the rapidly evolving world of finance, ultra-high-net-worth and high-net-worth individuals are discovering a formidable ally in supercomputing, revolutionising how portfolios are managed and decisions are made.

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