APAC-BFSI-Outlook-2017

OVERVIEW

KEY TAKEAWAYS

SHRINKING PROFITS DUE TO REVENUE PRESSURE AND STRINGENT REGULATIONS INDUCING COST CONTAINMENT AMONG GLOBAL BANKS, WHILE REGIONAL BANKS STILL EXPANDING

30% OF BANKING HEADCOUNT IS VULNERABLE TO AUTOMATION OVER THE NEXT DECADE

RETAIL BRANCHES TO FLOURISH IN EMERGING MARKETS; MUTED IN FINANCIAL HUBS

HIGH RENTS AND LIMITED OPTIONS IN CORE LOCATIONS HAVE PUSHED THE SEARCH FOR ALTERNATE LOCATIONS

NEW ECONOMY (TECHNOLOGY AND MILLENNIALS) SHAPING THE NEW FINANCIAL WORKPLACE

ANNUAL COST SAVINGS OF US$ 2000-3500 PER EMPLOYEE BY ADOPTING A CO-WORKING MODEL IN FINANCIAL CENTERS

TECH AND OUTSOURCING TO CREATE MORE THAN 100 MILLION SQUARE FEET (MSF) OF OFFICE DEMAND IN FIVE YEARS, WITH FINANCIAL SECTOR OFFSHORING ACCOUNTING FOR 30-40%

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