Quantifeed Co-founder: Asia's Wealthtech Market Has Seen Rapid Growth
Quantifeed CTO Ross Milward discusses the rapid evolution of Asia's wealthtech sector and the shift in customer expectations towards digital-first services.
Asia's wealthtech sector has experienced significant growth over the past decade, according to Ross Milward, Co-founder and CTO at Quantifeed, in an interview with CB Insights. Milward noted that rising personal assets among the mass affluent created a substantial opportunity, leading many markets to leap directly into mobile-first solutions.
Customers now expect fully digital or digitally enhanced experiences. Milward highlighted that growing cross-border flows, particularly in payments, have driven automation and expansion into adjacent market segments.
Milward also pointed to the rapid adoption of technology and the demand for new solutions as key drivers of evolution within Asia's broader innovation ecosystem. This has spurred development across various sectors, with wealthtech being a prominent example.
Quantifeed focuses on providing technology solutions for financial institutions aiming to enhance customer experience and operational efficiency through digital tools. The company's observations reflect a wider trend in Asia towards digitalization and customer-centric service delivery.