66 Observations – Wealth Management To date, the segments that have received the largest amounts of funding are diversified FinTech companies such as Ant Financial; these have received cumulative funding of US$6.4bn to date. The second largest investment category are financial product aggregators that have received cumulative funding of US$1.33bn. Given the technology expectations gap and the opportunities bought by automation we can expect to see more and more emerging technologies being adopted by tech savvy Wealth CH Managers. However, incumbents that fail to put technology in TE the heart of their strategy run the risk of becoming irrelevant. N I F F O TE TA S E TH The Future of FinTech in Asia Pacific: Wealth Management 66

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