The APAC Technology Spend and Outlook Report 2023 analyses the technology investment trends across the banking industry. It includes in-depth sector research as well as survey responses from selected APAC banks conducted in April to July 2023. Developed by The Asian Banker, the report aims to identify the key emerging trends in financial technology, the banking technology spending pattern in APAC including the current investments, challenges, priorities and future forecasts as well as the future technology roadmap in the rapidly evolving industry dynamics.
The report provides technology investment benchmarks alongside strategic guidelines for development of core technology, cloud adoption, data framework, artificial intelligence and advanced analytics, and cybersecurity and fraud prevention in banks. It also shares how leading banks in APAC are enabling their businesses by driving technology transformation initiatives in these areas. Additionally, it provides insight into the evolving industry outlook, ongoing industry developments and changing competitive landscape and their impact on the technology transformation needs in banks.
Delivery:
The file is directly delivered into your account provided soon after online payment is received. The file contains one document, a pdf MS PowerPoint deck (50 slides)
The report includes:
1.Executive summary of key insight
2.Overview of the key emerging macro trends: This includes key emerging technology trends, growing power of fintech platforms and digital only banks and evolving industry dynamics in Asia
3.Trends in VC fintech investment: It includes recent VC fintech fundings across the globe as well as across countries in Asia. It also provides funding breakdown by sector
4.Bank technology spending: It analysis the annual technology spending trend by APAC banks, average technology spend per country and benchmarks on tech spending by leading banks and technology companies
5.Current key technology priorities and challenges for banks in APAC: This section focuses on current priorities in technology transformation in banks, key challenges and shares examples of some of the leading initiatives.
6.Key drivers in technology: This section focuses in-depth on digital transformation strategies and roadmap for future technology development across five key areas.
7.Recommendations