Technology and Wealth Management Business Trends & its Impact

1. Technology and Wealth Management
Business Trends & its Impact
June 6, 2017

2. Disclaimer
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These properties belong to their respective owners
• The content of this presentation may, at any time, be modified by Miles Software Solutions (P) Ltd.
• No warranty is made regarding the accuracy of the information contained in this presentation

3. Agenda
Current Scenario1
Trends in Wealth Management Marketplace2
Trends in Wealth Management Technology3
Future of Technology in Wealth Management4

4. 34%
Rest of the World
48%
Asia
How have the Rich Grown??
June 6, 2017
104%

5. The Rich in India!!
June 6, 2017
10
65
68
136
25
157
165
337
PAST CURRENT 1 CURRENT 2 FUTURE
Billionaires UHNWI
BENGALURU
75 164
AHMEDABAD
20 46
MUMBAI
619 1490
DELHI
157 373
HYDERABAD
39 92
CHENNAI
49 111
REST OF INDIA
693 1095
India UHNWI
ranking to improve
from 20th to 19th in
by 2014
India UHNWI
ranking to
improve from 20th
to 19th in by 2014

6. Where are the Rich Investing?
June 6, 2017
26%
26%18%
17%
13%
Fixed
Income
Real
Estate
Cash &
Deposits
Equities
Alternative
Investments

7. The Credit Story
June 6, 2017
18% of HNWI assets financed through borrowed money
Who’s borrowing more?
HNWIs under 40
– 27% of assets
Wealthiest HNWIs
– 22% of assets
Female HNWIs
– 19% of assets
Why are they borrowing?
Investments
– 40% of HNWIs
Real Estate
– 22% of HNWIs
Business Purposes
– 14% of HNWIs

8. What Advice do the Rich want??
June 6, 2017
Measuring
effectiveness of the
social impact plan
Identifying
key goals

9. The Rich and Social Causes?
June 6, 2017
18
12
28
22
20
May not
take advice
Get it from
Friends
54% are looking for more advice
from Wealth Managers
30% Get it from
Wealth Managers
Get it from Family Members

10. New Digital Wealth Managers?
June 6, 2017
Telcom
Companies
RetailersTechnology
Companies
Aggregators

11. Aggregation
Solutions are
very
attractive
Technology
not able to
keep pace
with
demands
Advisors not
interacting in
a digital
manner
Using
Different
Tech
Solutions for
Different
Clients
Wealth Management Technology
360⁰ view
of all
holdings a
top
Goals-
based
planning
A
Consistent
experience
Comprehensive
Solutions
On the move
Causes of
Client Dissatisfaction
Solutions customer expect
from wealth managers

12. What Area of Technology are of Interest?
June 6, 2017
Mobility and
customer centric tools
Big Data
Solutions for Managing
profitability
of customers
Meeting regulatory
& compliance
requirements
Cloud Based
And Social Media
Management

13. SaaS
SaaS allows for quick Go To
Market and Customer
Engagement
SaaS improves
scalability and
integration
SaaS increases Self Service
Capabilities
How is the Cloud Helping?
SaaS
The Pay as you Use
Model Lowers Capex
and TCO
SaaS Allows for Scale
in Operations and Efficiencies

14. Success Stories
6/6/2017
A Private Bank in India delivers enhanced customer experience
Demographics:
Over 1250 branches, 1, 900 ATMs across
640+ locations
Products:
Private wealth management, Investment
banking, trade finance services, cash
management and financial product
distribution
Solution:
MoneyWare Wealth Management Suite
Benefits:
360 degree portfolio view, easy analytics
& reporting, minimal manual errors
A leading bank provides single view window across all its products to their customers
Demographics:
Over 3,603 branches, 11,162 ATM’s
presence in 19 countries.
Products:
Retail Banking, Consumer
banking, corporate banking, finance and
insurance, investment banking, mortgage
loans, private banking, wealth
management
Solution:
MoneyWare Wealth Management Suite
with Mobility solutions
Benefits:
One solution for all asset classes,
Integrated view of clients across all
relationship with the bank, handling 500,
000 accounts with an increase of 10% p.a.,
seamless reporting and analytics.
From Financial Offering to Service Excellence
Demographics :
Over 1482 locations across 526 cities with
740,000 registered customers in India.
First Indian company to offer International
funds.
Total Assets:
$88.64 Million
Products:
Wealth Management, Retail Broking &
Distribution, Commodity Broking, Asset
Management, Institutional Broking,
Private Equity, Investment Banking
Services & Principal Strategies
Solution:
MoneyWare Wealth Management Suite
Benefits:
Integrated view of the client’s portfolio
and asset classes, One central application
to upload into all the systems such as
CRM, Mutual Funds and Equity, The
robust solution design allows other
systems to run smoothly even if the
systems were down

15. Suite
• Trusted Techno
Functional Technology
Partner
• Over 300 customers
across 16 countries
• Over a decade
experience in Financial
domain across
geographies
• Catering to businesses
with over $ 200 billion
Assets Under
Management
• Proven market
leadership in Wealth,
Asset and Portfolio
Management
About Miles Software

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Contact Us
June 6, 2017