APAC

Delays in the Digitalisation of Asset Servicing Operations Lead to Financial, Reputation Losses

A range of industries has embarked on their digital transformation. In banking and finance, while payments and many customer-facing departments now offer digital banking services, many departments – such as asset servicing – continue to perform manual processes painstakingly.

Delays in the Digitalisation of Asset Servicing Operations Lead to Financial, Reputation Losses

A range of industries has embarked on their digital transformation. In banking and finance, while payments and many customer-facing departments now offer digital banking services, many departments – such as asset servicing – continue to perform manual processes painstakingly.

Risk mitigation, the right partner is key to maximise efficiency, ROI

Whilst a large part of the banking and finance industry has embarked on its digital transformation, asset servicing operations – which include fund services, custody and accounting, outsourcing services, securities lending, payment of dividends, stock splits, tender offers, mergers and acquisitions, amongst others – continue to be driven by manual processes.

Discover the connection between performance, profitability, and sustainability with SAP

The virtual roundtable event explores the impact of driving holistic targets on a company.

Nomura appoints North Asia Head of Wealth Management

This is in line with the company’s goal to build its International Wealth Management business.

Citi makes new appointments to Treasury and Trade business

This follows the ASEAN appointments from earlier this week.

Sergio Ermotti returns as UBS CEO

The UBS board says his experience is ideal to manage the Credit Suisse acquisition.

Citi makes two key appoints for markets, TTS business

Vandana Bhatter and Anoushka Dua have been named in key ASEAN leadership roles.

Did digital banks fail to disrupt?

Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.

Technology Revolutionizes Capital Markets Platforms in Japan

The focus for financial and capital markets have shifted to a balancing act of monetary tightening to lower inflation without tipping into recession.

Project Nexus successfully links Eurosystem, Malaysia, Singapore’s payment systems

For the next phase, Indonesia, Thailand, and the Philippines will link their payment systems with Singapore and Malaysia.

2023 Asian Banking & Finance Forum to kick off in Bangkok in April

The forum will also be held in Jakarta, Kuala Lumpur, and Manila.

Banks lagging behind net zero energy goals

Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.

Standard Chartered’s Straight2Bank launches working capital, loan services

Clients can initiate and approve new loan drawdowns and rollover requests.