Hong Kong’s asset management industry is going through a substantial transition with fundamental changes being made to how the market operates. This is creating uncertainty in the local industry as players try to plan their approach to the regulatory changes taking place.
Our Client wanted to assess various approaches to tackling the upcoming changes.
Their existing business model and infrastructure was not deemed to be sustainable to address the regulatory and market challenges that faced them.
Working with the C-Suite and their direct reports, Typhoon conducted a series of workshops to define the objectives for the future state, leveraging Typhoon’s regional asset management expertise.
Performed stakeholder interviews and gathered internal sources of data to understand the current operating model and to establish a baseline before comparing this to key competitors in order to benchmark the Client.
Developed a new target operating model based on the agreed upon objectives as well as an actionable and prioritised roadmap to deliver the TOM, including where investments were required into people, processes and technology.
Communicated new strategy to global executive committee before rolling the plan out to regional staff.