Country for PR: United States
Contributor: PR Newswire New York
Friday, September 16 2022 - 09:18
AsiaNet
New Research: The Evolving Needs of the Asian Retail Investor
SINGAPORE, Sept. 16 2022 /PRNewswire-AsiaNet/ --

-- Study from Kapronasia & ViewTrade Underscores the Need for Brokers to Better 
Meet the Needs of Asian Investors

ViewTrade, the force that powers fintech, in collaboration with Kapronasia, the 
leading Singapore-based fintech research and consulting firm, jointly published 
a new study today, "The Empowerment of the Asian Retail Investor: Understanding 
the Evolving Investment Behavior of Asian Retail Investors and How to Cater to 
Them." The research was conducted by Kapronasia and commissioned by ViewTrade.

Logo - https://mma.prnewswire.com/media/1866020/ViewTrade_Logo.jpg

To download a copy of the new report, please visit: 
https://viewtrade.com/asian-retail-investor-research/

"At ViewTrade, we work with the most forward-thinking brokers and fintech 
innovators across Asia and support them in their efforts to constantly improve 
the trading experience for their clients," said Mr. Andy Liao, Regional 
Manager, Asia at ViewTrade. "We think the insights from this study can help our 
clients and the overall industry continue to evolve and best serve investors 
both today and tomorrow."

The research offers a deep dive into the current emerging trends and 
competitive landscape for brokers across the region and shares advice on what 
service and technology providers need to do to stay ahead. It also provides a 
snapshot of today's Asian retail investors and reveals what they are looking 
for when it comes to investing experiences.

"What is clear from our research is that digital transformation is bringing 
about a profound shift in how retail investors across Asia expect to be 
served," said Mr. Zennon Kapron, founder and director of Kapronasia. "If 
brokerages across the region want to remain relevant, they have to invest in 
digitalization and providing the user experiences customers have come to 
expect."

Key Findings

    - While the main revenue generator for the majority of brokerages across 
      the region is still the older investor segment, they cannot afford to 
      take their eye off strategically important younger retail investors.

    - The stark lesson for brokerages across the region is digitalize or cease 
      to exist. The switch by retail investors to online has been dramatic. The 
      switch to mobile has been more dramatic still. (For example, ViewTrade's 
      partner Sinopac is now seeing 95% of their clients using mobile.)

    - Customer-centricity has become the name of the game. Rapidly changing 
      customer preferences require agility to respond quickly. Brokerages have 
      to become adept at providing that customer journey.

"The technology and the customer experience are really changing, and this is 
something which is very important because if you look at everything that is 
available in the market today, the emphasis really is on that client journey. 
And making sure that it is a seamless client journey, and that it scales," said 
Mr. Alexander Thorhauge, Head of Retail Business at Maybank Securities, one of 
ViewTrade's clients who was quoted in the study.

About ViewTrade

ViewTrade is the force that powers fintech and cross-border investing for 
financial services firms throughout the world. We provide the technology, 
support and brokerage services that business innovators need to quickly launch 
or enhance a retail investing experience. Over the past 20+ years, our approach 
has helped 300+ firms – from technology startups to large banks, brokers and 
advisors – create the differentiating investment experiences their customers 
demand. With clients in over 20 countries and a team that brings decades of 
experience and understanding of brokerage technology and services, we help our 
business clients deliver the investment access and financial solutions they 
require.

For more information, visit https://viewtrade.com/, and follow the company on 
LinkedIn.

Media Contact

Alex Shafer 
viewtradepr@jconnelly.com 
973-934-5100

SOURCE  ViewTrade
Translations

Japanese