The 150 organisations surveyed in the APAC region include universal banks, mutual funds, alternative investment firms and financial technology (fintech) startups – the majority of which cited new technology as one of the main trends to redraw the marketplace within the next five years.
SINGAPORE (Feb 27): While 87% of investment providers in Asia Pacific agree that digital transformation is important for the future of their organisation, few of them are on track to become digital leaders in their fields, according to a recent report published by State Street Corporation.
State Street’s global study of 2,000 investors and 500 investment providers, entitled Finance Reimagined: Finding Long-Term Value in a Digital Age, combines its survey results with quantitative research with views from industry experts to explore how firms across the financial services industry are using digital technologies to enhance their business.
