Insights from our Asia-Pacific Leaders
Death of the universal banking model?
Globalization is continuing – but not as we know it. Read the LinkedIn article from Gary Hwa, EY's Global FS Markets Executive Chair and Managing Partner, Financial Services – EY Asia-Pacific, where he shares how it will impact the future of financial services.
Financial Inclusion - from headache to growth opportunity for banks in emerging markets
Read the latest LinkedIn article from Jan Bellens, EY's Deputy Global Banking & Capital Markets Leader, on how digitizing can help emerging market banks compete with non-bank challengers for financially excluded consumers - a US$200bn market opportunity.
Top trends for APAC tax professionals in FY19
Ian McNeill, EY's Asia-Pacific Financial Services Tax Leader, outlines the seven key market drivers of a “new era in tax” for financial services firms with operations in Asia-Pacific.
Focus on FinTech & Blockchain
Industrializing the blockchain for financial services
View our latest financial services insights on innovations in blockchain to learn more about its transformational opportunities.
EY and Guardtime launch marine blockchain platform, Insurwave
The first-of-its-kind platform that connects clients, brokers and insurers in the marine insurance sector to distributed common ledgers that capture data about identities, risk and exposure is now live.
Insurtech: enabler or disruptor?
Is insurtech going to eat your lunch or become a vital enabler of your digital operations? Does Australia have what it takes to be a leading insurtech market? Australia’s first ever report on our local insurtech ecosystem has the answers.
For more on Blockchain click here.
For more on FinTech click here.
Focus on Cybersecurity
If fake and real sites are indistinguishable, will spear phishers win?
How can Asia-Pacific organizations stay alert and defended against this insidious, growing risk?
If automation can shrink cyber response times, why are organizations hesitating?
We look at how Asia-Pacific financial services organizations are responding to cyber incidents, and how they can look to improve response time.
If cyber skills are scarce, how can organizations resource their security operations?
Automation and orchestration enhance security operations by improving operational efficiency and speed of response.
Why every APAC institution should be thinking about GDPR
If your Asia-Pacific institution offers financial services to, or monitors the behavior of, individuals in the EU - either directly or through indirect relationships - then the GDPR applies to you.
Convergence of payments and cybersecurity
The heightened threat of cyber attacks is fueling payment losses - how should your business respond?
Implications of draft prudential standard CPS 234 Information Security & Webcast
APRA has recently proposed its first cross-industry prudential standard on information security which will force entities to understand key information in order to protect their assets due to constant and evolving security threats.
For more on Cybersecurity click here.
Focus on Robotics & Intelligent Automation
Robotics in claims
Robotic process automation can help insurers achieve business objectives while leveraging existing technology and helping boost returns on previous and current transformation investments.
Improving customer experience with chatbots
In the race to develop digital capabilities that can improve customer experience, one of the most promising new technologies has been the automated Chatbot.
The future workplace: how to automate intelligently
Maximizing the value of your automation strategy requires linkage to your people strategy and organizational analysis.
How artificial intelligence will transform the audit
AI is an evolving technology that promises to be a game-changer for various industries. Our animation explains how it can add value to the audit.
For more on Robotics & Intelligent automation click here.
Risk including Financial Crime
Financial services third-party risk management survey
Is it time to shift your perspective of third-party risk?
How to trust the machine: using AI to combat money laundering
In today’s digital age we are failing to prevent new financial crime risks with old technologies. Can AI solutions yield greater impact?
Banker or crime fighter? The role of banks in disrupting crime in the 21st century
Criminal networks exploit the global banking system to launder their proceeds. New technology is helping to combat this.
Key financial crime trends for insurance companies
Does your insurance company have an effective and efficient financial crime system?
For more on Financial Crime click here.
Digital enterprise transformation: winning themes of financial services leaders
A commissioned study conducted by Forrester Consulting on behalf of EY, April 2018. The research shows that digital leaders know how to create a customer-centric approach that focuses on innovation and increasing revenue.
The future of talent in banking
The latest ViewPoints explores implications of digital transformation and new technologies on the workforce.
Driving digital into the heart of Asia’s financial services industry
A study on the progress of digital integration within Asia, the impact of digital disruption and the industry’s capacity to support the region’s digital economic growth.
Do tax authorities know more about you than you do?
Tax authorities around the globe are employing digital and emerging technologies to analyze the information they are obtaining from multiple sources, both structured and unstructured, to ascertain what you owe them. Can you be sure they are correct? Are your systems as good as theirs?
The Way We Bank Now 2018
We look at the innovations transforming retail banking today as customers now have more choice about where, when and how they bank than ever before.
When AI transforms insurance, will you be ahead of the curve?
AI is being widely deployed across the industry, supporting sales, underwriting, claims assessment and customer management, with varying levels of success. The key is to stop AI in tiny pockets. Those driving significant returns are approaching AI as a capability – not a tool.
For more on Digital click here.
Global Capital Confidence Barometer & sector reports
Our 18th edition shows solid first quarter dealmaking with 45% of banking & capital markets executives surveyed expecting to pursue acquisitions in the next 12 months; 100% of insurance executives see the global M&A market as stable or improving in the next 12 months; and a confident global wealth and asset management sector well positioned for future M&A.
Is the X chromosome the X factor for business leadership?
Find out why companies led by women are outpacing the market.
Video - The questions that will change investing
See how we're helping investment firms anticipate what's after what's next.
How can regulation keep up as technological innovation races ahead?
As technology disrupts financial services, regulators and the industry must ensure customer safety without stifling innovation.
China further opens up financial sector (IV)
Release of the Opening-up Initiative marks an efficient and active response to the new propositions set forth at the BOAO Forum for Asia.
IBOR transition: a certainty, not a choice
We expect that there will be greater focus on IBOR as boards and other stakeholders, counterparties and regulators, press for updates and continue proactive discussions.
IFRS 17 podcast series
Our podcast series commences with a beginners introduction to IFRS 17, introducing the standard, implementation timeline and implications. The second episode discusses the Measurement Models of IFRS 17.
Listed banks in China: 2017 review and outlook
The 11th EY annual report provides an outlook on the direction of the future development of China’s banking industry based on the observations of the businesses, operating models and regulatory environment of 41 listed banks in mainland China.
Australian major banks’ half year results 2018
Australia’s major banks have delivered solid but mixed results for 1H18, reflective of the reshaping of their businesses. However, performance remains under pressure from softening growth, profitability constraints and rising costs.
Can reimagining MPF delivery enhance members’ financial well-being?
This report shares our perspective on the proposed eMPF changes, and broader industry and end customers' implications.
Global insurance trends analysis 2018: pursuit of growth amid cautious optimism
Learn about the key trends emerging in 2018 and how insurers can adapt to this emerging ecosystem.
The upside of disruption - Megatrends shaping 2018 and beyond
New megatrends will transform the human experience and reshape markets, societies and the global order.