UBS is setting up a technology innovation lab in Singapore to meet the changing demands of its wealth management clients, following the strategies of Barclays, ING and La Caixa to launch accelerators or innovation labs.
UBS is setting up a technology innovation lab in Singapore to meet the changing demands of its wealth management clients, announcing the move just days after a report from consultant McKinsey predicted that virtual advice could generate billions in revenue for the finance sector.
http://www.efinancialnews.com/story/2015-06-03/ubs-sets-up-wealth-management-lab-in-singapore