Abstract
This Financial Insights report provides our third annual analysis of strategic
initiatives in Asia' s banking sector. It incorporates perspectives from
industry practitioners as well as our regional analyst team and identifies the
top 10 initiatives for 2007. Spanning both retail and wholesale banking, these
technology-focused initiatives have clear business relevance for banks across
the region.
"What makes this region so exciting is the combination of domestic growth with
a surging cross-border element," notes Douglas A. Jaffe, research director,
Financial Insights Asia/Pacific. "This puts an added impetus on banks to invest
in the necessary people, processes, and technologies to address these
opportunities."
Michael Araneta, senior research manager of Financial Insights' Asia/Pacific IT
Benchmarking Advisory Service, adds, "In the rush to invest, banks must ensure
they do so wisely and are able to measure the returns on projects, especially
the big-ticket ones that will determine the future of the organization."
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