The next frontier of investing is digital
Our digital investment solutions assist licensed financial institutions, intermediaries or platforms to build their customised digital wealth management solutions that elevate the online investment experience for their advisers and end-investors.
A Blueprint for a Winning Digital Wealth Management Strategy
Welcome to the latest report from Allianz Global Investors (“AllianzGI”), The Mass Affluence Opportunity: Unlocking Southeast Asia’s Digital Wealth Advisory Potential.
Prepared by Accenture, it looks at what it will take to build a unique digital wealth management solution. With market-leading technology and active investment expertise, AllianzGI will work with you hand in hand to compete and win in the burgeoning Asian mass affluent market. The report highlights the five major insights.
Mass affluent investors are the future of wealth management
Pain Point
Commoditised products outweigh personalised services as lacking bespoke services1
Emerging Trends
Demand for advisory will grow as investors plan for longer term
Market Potential
>50% of Asia’s wealth is now held by the mass affluent segment1
Attitude Shift
SEA investors already favour advisory (42%) over execution (32%)2

1 Source: Credit Suisse – Global Wealth Report 2021.
2 Accenture APAC Wealth Management Study, Jan 2022.

Philip Tso, Head of institutional Business, Asia Pacific, Allianz Global Investors claims that there is a huge demand for the right digital wealth management solutions. risklab is a fintech wealth management solutions. It provides tailored wealth advisory and services.

“It’s clear that there is a huge unmet demand for the right digital wealth management solutions. AllianzGI collaborates with financial institutions to provide consultative advice and practical solutions that are tailored to their clients’ unique investment objectives”

Philip Tso, Head of Institutional Business, Asia Pacific

Southeast Asia is on the cusp of a digital advisory boom
Digital Fit
The services SEA clients most want are best delivered digitally: portfolio construction, financial education, new products, investment insights3
Trust in AI
44% SEA Investors trust advice generated by artificial;intelligence5
younger investors (under 50) are
60% more likely to trust AI advice5
Digital Natives
Digital advisory growth is being driven by SEA’s youthful population, high mobile penetration, and comfort with digital platforms 4

3 Accenture’s Asia Affluent Investor Survey, Q1 2022.
4 Azaz Zaman, “How digitalization is making South and Southeast Asia engines of growth”, World Economic Forum, 10th February, 2022.
5 Accenture APAC Wealth Management Study, Jan 2022.

Firms must overcome 5 obstacles to market entry
  • 01
    Defeat Inertia
    Make digital wealth solutions a high priority within the firm
  • 02
    Build Trust
    Clearly show clients how the service works and how well it performs
  • 03
    Beat the Market
    Create investmeant models based on forward-looking assumptions
  • 04
    Enhance User Journey
    Deliver customised results with a personal touch
  • 05
    Navigate the Regulations
    Use Singapore as launchpads to the region
Differentiated capabilities are the foundation for success
Top
Investment
Capabilities
Next-gen reporting and analytics for transparency and trust building
Multi-asset coverage for diversification
Multiple investment models (risk-based, goal-based, thematic, ESG)
Portfolio simulations with capital markets modelling
Customised portfolio construction and end-to-end research
Top
Technical
Capabilities
API
API integration for rapid deployment and customisation
Scalability for geographic and product expansion
A hybrid customer journey, with added human support
A clear and easy user experience
Massive
Opportunity
No leading B2C or B2B player active in SEA yet covers all the key requirements
Partnership is the best way to create a digital wealth management solution
Our digital investment solutions assist licensed financial institutions, intermediaries or platforms to build their customised digital wealth and asset management solutions that elevate the online investment experience for their advisors and end investors.
risklab provides unique and scalable digital wealth management solutions for business partners
Ideal Partner
With a shared vision, an ideal partner enables the agile co-development of differentiated and scalable solutions
Partnership Wins
77% of industry executives would rather partner than build (19%) or buy (3%)6
API Connectivity
A partner should support Application Programming Interface integration for agility, faster time-to-market, scalability and product improvement
Strategic Approach
Partners should be flexible and build a long-term strategy on open architecture

6 Source: Accenture “Digital Advisory Solutions in Asia Wealth Management” survey, Jan 2022.

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