Business Chief APAC+ANZ Magazine August 2020 | Page 37

THE FUTURE
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THE FUTURE
The next few years are going to be epoch-defining for the APAC wealth , asset and investment management space . Technology is going to have an increasingly disruptive effect on the industry itself , as well as the verticals it touches . Democratisation of AI-driven apps and platforms is going to place pressure on legacy firms to elevate their offerings or be left behind . In a recent interview , Jayne
Bok , Head of Investments at Willers Towers Watson , notes that while , “ on the surface , the numbers might appear to tell a story of steady growth and of stability . But when you look at broader developments within and beyond the industry , there are signs that [ APAC ] is facing significant change .”
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