While Assets under Management (AUM) continue to grow in the Asia Pacific region, the private wealth management industry still faces a series of challenges, especially when it comes to achieving excellence in client experience and managing transformation. Key issues include:
Private banks are continually forced to re-evaluate their business models, products, services, infrastructure and delivery channels in order to adapt to the ever-changing business and regulatory environment. In order to succeed, private banks need to manage transformation properly to overcome challenges around operations and technology and enhance the customers' experience to meet the demands of customers and regulators.
As the largest professional services firm in mainland China and Hong Kong, our strategy is to bring significant business advantage to our clients by leveraging our comprehensive knowledge of key industry issues and best practices. Our PwC professionals operate in global, multi-disciplinary teams, which are integrated across industry sectors, geographies and functional skills to deliver tailored solutions based upon specific territory insight and business knowledge.
Areas where PwC can help include: