Private Banking
The private banking world has taken a notion towards digitization and enhancing customer experience via efficient workflows.
AI and Machine Learning – Be it predictive analytics or determining investment strategies and forecasting market trends, AI has become a competitive edge.
Robo Advisors – Based on individual financial habits, automated systems can provide customized investment strategies.
Blockchain Technology – In terms of making transactions safer and more secure, the integration of blockchain technology has made it easier for all institutions.
Cloud Computing – With data availability and easy and secure access to various locations, data management has become easy.
A growing interest in Sustainability and Ethical Investments is changing how portfolio managers look at portfolios.
Customization remains at the centre of private banking and private bankers work with HNW clients and family offices who are looking to align investment strategies with their financial objectives.
Click here to access the Salary Information.
Corporate & Investment Banking
Given the rising SME demand for transaction banking and credit services, CIB institutions have an opportunity to explore innovative ways to address the needs of this segment.
SMEs increasingly expects cash and liquidity management offerings tailored to their specific needs. These companies also present a pocket of demand for value chain finance, including innovative approaches to supplier and buyer finance, as well as working-capital finance.
As enterprises, institutional investors, and government agencies seek to balance growth aspirations and emission reduction goals, they are turning to banks for sustainable finance and transaction banking, such as carbon credits (including futures), monitoring of supply chain carbon emissions, and sustainability advisory.
Tech transformation can bring maximal automation, superior client experiences, and improved cost efficiency when organizations combine it with agile operating models and a workforce trained to get the most out of analytical tools to improve performance.
Many client-facing employees will soon have the added advantage of AI-enabled workbenches equipped with tools to assist with strategic planning for client relationships.
Click here to access the Salary Information.
Asset Management
Asset managers and owners are looking outside their own walls for the support and capabilities they need: tapping fintech disruptors for their innovations and expertise, outsourcing data activities and reporting, and fostering deeper strategic alignment with existing service partners.
Increasing complexity – in data, reporting and regulatory requirements – have put renewed focus on customized solutions.
Values‑aligned investment has continued its strong run as more organizations increase ESG strategies .
ETFs have continued to gain ground, with more expecting to see an uptick in mutual fund conversions to ETF structures.
As the industry continues to adapt and innovate to serve its stakeholders, service providers will need to meet that change – with increased efficiencies, expanded services and new technologies – to deliver the value partners rely on to realize their ambitions.
Click here to access the Salary Information.