Financial Insights Enters Asia/Pacific Market

New IDC Company Issues Analyst Report on Wealth Management in Asia/Pacific;

Appoints Research Manager for Region

Jun 18, 2003, 01:00 ET from Financial Insights

    HONG KONG, June 18 /PRNewswire/ -- Financial Insights, an IDC Company,
 today announced it is further expanding its technology research and advisory
 services into Asia/Pacific -- strengthening its global research with enhanced
 local coverage on the financial services market in Asia/Pacific.  Financial
 Insights has appointed IDC analyst Douglas Jaffe as research manager to lead
 its Asia Pacific research and advisory services in Singapore -- and today
 released a new report exploring wealth management in Asia/Pacific.
     Douglas Jaffe has extensive experience working in the Asia/Pacific
 financial services market, having worked closely with banks, vendors,
 regulatory authorities and government bodies.  Mr. Jaffe's expertise extends
 across numerous financial services areas, including channel strategies,
 Internet banking, ePayments, CRM, IT investment opportunities and wealth
     Financial Insights' new report on wealth management is the first in a
 series of reports about the development of wealth management services in
 Asia/Pacific.  In the report, titled "Wealth Management in Asia/Pacific:
 Emerging Strategic Models," analysts Jaffe and Shaw Lively highlight the
 emergence of two delivery models -- one that leverages the Internet and
 another that is primarily advisor-centric.
     "Financial Insights is committed to providing our financial services
 clients not just global perspectives, but valuable regional perspectives on
 the technology issues impacting them today," said Michon Schenck, COO,
 Financial Insights.  "Our recent expansion into Canada -- and now Asia/Pacific
 with the appointment of a locally-based industry expert like Douglas Jaffe --
 significantly strengthens our ability to deliver the most comprehensive
 research within the financial services industry to help them succeed."
     In addition to the new report on wealth management, Financial Insights has
 published several other research reports specific to the Asia/Pacific region,
 including many authored by Mr. Jaffe at IDC.  Recent reports include:
     * "Dual-Interface Smart Cards: An Opening for Banks in Europe and
       Asia-Pacific?" -- explores how dual-interface cards may give
       banks access to the contactless smart card market
     * "How Should Local Banks Compete in the SME Sector" -- looks at
       opportunities for banks in Asia Pacific to expand their presence
       in the SME Sector
     * "Asia/Pacific ATM Trends" -- looks at automated teller machine
       (ATM) trends in Asia Pacific within the broader retail banking
     * "Asia/Pacific Internet Banking Forecast" -- offers forecasts on
       Internet banking growth and comparisons across eight key markets
       in Asia Pacific
     Launched in January following IDC's acquisition of Meridien Research in
 November 2002, Financial Insights offers comprehensive technology research and
 advisory services across the financial service industry, including:
     * Retail Financial Services
       Led by Bill Bradway, co-founder of Meridien Research who has over 30
       years of financial services experience as a consultant/researcher and
       a bank executive, the Retail Financial Services practice provides
       research and consulting services across four areas:  Payment, Channels,
       Customer Strategies and Wealth Management.  Core segments include legacy
       systems, core processing, technology convergence and custom research.
     * Capital Markets
       Led by Deborah Williams, co-founder of Meridien Research and a
       well-known global expert in risk management technology, the Capital
       Markets practice advises clients on all aspects of risk management
       and trading technologies.  Extensive coverage includes credit, market
       and operational risk, the electronic trading market and buy-side
       technologies.  Core segments include market data, back office
       applications, portfolio management and technology convergence.
     * Corporate Banking
       Also led by Deborah Williams, the Corporate Banking practice provides
       research and advisory services on treasury management, wholesale
       payments, trade finance and small business banking.  Core segments
       include commercial lending, transaction processing and secure
       data delivery.
     Earlier this month, Financial Insights appointed James Sharp to lead its
 Canadian research efforts.  An Introductory briefing was recently held in
 Toronto to announce the regional service.
     For information on obtaining Financial Insights reports, contact:
     About Financial Insights, an IDC Company
     Financial Insights provides independent research services to users and
 providers of financial industry technology.  The company was formed in
 November 2002 by combining Meridien Research and the IDC Financial Services
 Advisory group.  The Retail Financial Services practice offers four areas of
 focus: Payments, Channels, Customer Strategies and Wealth Management.  The
 Capital Markets practice offers Trading Technologies and all aspects of Risk
 Management.  The Corporate Banking practice covers cash management, wholesale
 payments, trade finance, and small business banking.  Each practice delivers
 reports detailing new issues and challenges and uses its knowledge to advise
 clients on technology related decisions.  Financial Insights is an IDC
 Company, headquartered in Framingham, MA.
     Visit for more information.
     IDC is a division of IDG, the world's leading IT media, research, and
 exposition company.

SOURCE Financial Insights