Abstract
Overview
Introduction
The range and complexity of financial products available in emerging markets
is growing at a rapid rate, yet the overall level of products in comparison to
global peers remains low.
Scope
- Primarily covers the Asia Pacific retail banking market
- Areas covered include legacy system limitations, IT investment priorities
and implementation challenges
Report Highlights
Deficiencies in core systems created or exacerbated by these factors make it
tough to modernize banks systems without significant capital input.
Retail banks across Asia-Pacific are progressively taking a similar approach
to their counterparts in Europe and North America in terms of technology
development: to develop their technology infrastructures in such a way as to
create real value in a competitive economic environment.
Revenue growth pressure forces development of distribution channels, as
technology penetration in emerging markets is lower than in developed
countries, branch still remain as primary channel, thus IT investment in
branches is primary focus area now.
Reasons to Purchase
- Gain visibility into the dynamics of the Asia Pacific retail payments
market
- Gain market insight to assist in your strategic planning and go-to-market
strategy
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