Connect with us

Technology

Outdated, unintuitive technology is a major challenge for wealth managers in Japan – Avaloq research

Published

on

Avaloq research reveals that over half of wealth management professionals in Japan and across Asia find the technology systems and applications they use outdatedIn Japan especially, wealth management professionals also believe it takes too much time to learn to use their advisory systemsEnhanced data visualization, automated regulatory checks and automated portfolio monitoring are cited as the top three functionalities that would offer major improvements for wealth management professionals in Japan

TOKYO, July 31, 2024 /PRNewswire/ — Avaloq’s latest survey has found that over half (56%) of wealth management professionals in Asia feel that the technology systems and applications they use are outdated, compared to just 37% in Europe. 49% of respondents in Asia say it takes too much time to learn to use their advisory systems, rising to 61% in Japan. These findings point to a desire among wealth management professionals in Asia and Japan to have the latest, most intuitive technology at their disposal so they can better serve clients. 46% of Japanese respondents agree that too many systems are needed to complete a task. This comes as no surprise since 25% of wealth management professionals in Japan rely on ten or more technology systems to conduct their daily tasks, well above the global average of 17%.

Most wealth management professionals in Japan (71%) use their investment advisory tools in client meetings, above the Asian average of 64%. Of those not yet using their advisory systems in client meetings, 75% of Japanese respondents state that they would like to, indicating an opportunity to introduce systems that are up to the task. For wealth management professionals globally, the biggest barriers to using advisory tools in client meetings are user interfaces that are not optimized (69%) and technologies that are too confusing to use with clients (60%).

The survey also found strong appetite from wealth management professionals for technology that can support their daily activities. Automated regulatory checks (75%), better data visualization (71%), and automated portfolio management (71%) emerged as the top three functionalities offering a major improvement for wealth management professionals in Japan. Considering that 42% of respondents across Asia cite time as a strong or very strong barrier to offering more personalized advisory services to clients, the use of automation or AI technology to boost front-office efficiency can result in improved service for wealth management clients.

Naoyuki Honda, Sales Director and Head of Japan at Avaloq, said, “Offering highly personalized and efficient wealth management services relies on a scalable technological infrastructure. While banks and wealth managers have invested heavily in upgrading their technology in recent years, this transformation is far from complete.”

“To stay relevant and competitive in today’s rapidly evolving landscape, banks and wealth managers must focus on finding ways to create individualized experiences, including through new technology, and invest in cutting edge digital tools that empower advisers, streamline operations and support data-driven decision-making will stay ahead of the curve.”

Notes to editors

About the research 

This wealth industry research is based on an online survey of 200 wealth management professionals with a minimum of 5 years’ industry experience in Germany, Switzerland, the UK, Singapore, Japan and Hong Kong SAR. The survey was conducted in February and March 2023. The report includes contributions from BlackRock, Accenture, Synpulse and Datos Insights

Read the full report on the Avaloq website, available in English and Japanese versions.   

About Avaloq
Avaloq is a premium provider of front-to-back software and services for over 160 financial institutions around the world. Our clients include private banks, wealth managers and investment managers, as well as retail banks. We develop software that can be deployed flexibly through cloud-based software as a service (SaaS) or on-premises, and we offer Banking Operations outsourcing through our business process as a service (BPaaS) model. Avaloq is a subsidiary of NEC Corporation, a global leader in the integration of IT and network technologies. www.avaloq.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/outdated-unintuitive-technology-is-a-major-challenge-for-wealth-managers-in-japan–avaloq-research-302210855.html

SOURCE Avaloq

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Executive War College to Address Clinical Laboratory Disruption, Including AI Transformation, Workforce Pressures and Federal Reforms

Published

on

By

The 31st annual Executive War College (April 28–30, 2026, New Orleans) will bring together leading experts to address major disruptions in clinical laboratories, including AI-driven transformation, workforce challenges, digital pathology adoption and evolving federal reimbursement reforms.

NEW ORLEANS, April 21, 2026 /PRNewswire-PRWeb/ — Market disruptions on multiple fronts are driving clinical laboratories, genetic test companies and anatomic pathology laboratories to modernize their operations for long-term sustainability. These challenges will be major topics when a top-flight roster of lab experts, innovators and lab leaders gather in New Orleans April 28-30, 2026, for the 31st annual Executive War College on Diagnostics, Clinical Laboratory and Pathology Management. The event takes place at the Hyatt Regency Hotel New Orleans.

Laboratory medicine continues to operate under structural pressures as regulatory scrutiny, reimbursement volatility, workforce instability and accelerating technology reshape the ecosystem in real time.

“Laboratory medicine continues to operate under structural pressures as the healthcare landscape keeps shifting,” stated Ashleigh Harris, conference producer of Executive War College. Clinical laboratories are facing disruptions on multiple fronts – external regulatory scrutiny, reimbursement volatility, workforce instability and accelerating technology that are all reshaping the ecosystem in real time. Successful laboratories will need to take many of these challenges on simultaneously to build durability and remain competitive.

To give lab leaders and pathologists an inside track to prepare for these multiple disruptions, the conference’s 145 expert speakers includes:

Syed T. Hoda, MD, Director of Digital Pathology, Director of Bone & Soft Tissue Pathology, Clinical Professor, NYU Langone Health, will review how their organization achieved a fully digital workflow in one year that accelerated diagnostics.Susan Van Meter, President, American Clinical Laboratory Association (ACLA), will co-present with experts to discuss federal reforms including the RESULTS Act that could reshape reimbursement, market competition and revenue stability.Cory A. Roberts, MD, MBA, CEO, Sonic Healthcare, USA will address the strategic considerations for laboratory mergers and acquisitions, as well as opportunities for laboratories to grow organically and harness emerging technologies.Lâle White, CEO, XiFin, Inc., will discuss how AI is transforming the forces reshaping healthcare into catalysts for growth, denial reduction and workforce efficiency.Ted Schwab, Innovator, Strategist and Entrepreneur of Schwab Tremblay Solutions, LLC, will lead a discussion with technology experts who will cover the emerging technologies of automation and robotics that are transforming diagnostics and the future of the lab workforce.

Now in its 31st year, Executive War College is the nation’s largest, most respected gathering on clinical lab management and operations – attracting the attendance of senior lab executives, administrators and pathologists who gather to learn, network and collaborate with thought leaders, experts, and analysts in developing the right strategies for their labs. It’s why major lab industry companies actively support this unique gathering include: organizations such as AstraZeneca, CrelioHealth, ELLKAY, Health Carousel, Leica Biosystems, LigoLab, MedSpeed, Philips, Roche, Synergen, TELCOR, Thermo Fisher Scientific, US HealthTek and XiFin, Inc.

In addition to more than 90 information-packed presentations comprising an enlightening and expansive range of topics, Executive War College 2026 will also feature two post conference all day events on April 30, including Executive Forum on Digital Pathology Management: Scalable Implementation Strategies That Deliver Business and Operational Impact, moderated by Christopher Garcia, Chair, Data Strategy Committee, Department of Laboratory Medicine and Pathology, Mayo Clinic.

“Our expert content is what differentiates Executive War College and provides true value to our attendees,” Harris stated. “The event is fine-tuned to provide real-world solutions for laboratories and pathology practices to be successful. We will navigate, propose and present solutions for the urgent issues that continue to challenge the clinical laboratory industry.

A maximum-capacity attendance is expected at this year’s 31st Executive War College. To register and for more information on Executive War College 2026, visit https://executivewarcollege.com You may also contact Amanda Curtis at acurtis@darkreport.com

ABOUT THE EXECUTIVE WAR COLLEGE

Since 1995, Executive War College is the preeminent conference for executives, lab leaders, pathologists, lab industry consultants and experts who come together to learn, connect, collaborate and obtain information designed to help solve the latest challenges in diagnostics, clinical lab and pathology management, for better patient outcomes.

ABOUT LABXMEDIA

LabX Media Group is a leading worldwide science publishing company that delivers meaningful industry content and integrated marketing solutions for the scientific community. Headquartered in Midland, Ontario, Canada, LabXMedia Group’s brands and product solutions deliver trusted, timely and deep information across print and digital products and live events.

Media Contact

Amanda Curtis, The Dark Intelligence Group, 1 512-667-2207, acurtis@darkreport.com

View original content to download multimedia:https://www.prweb.com/releases/executive-war-college-to-address-clinical-laboratory-disruption-including-ai-transformation-workforce-pressures-and-federal-reforms-302748954.html

SOURCE Executive War College

Continue Reading

Technology

Meteor Education Joins NC3 Industry Partner Network to Expand Access to Industry-Recognized Certifications in Secondary Schools

Published

on

By

GAINESVILLE, Fla., April 21, 2026 /PRNewswire/ — Meteor Education is proud to announce a new partnership with the National Coalition of Certification Centers (NC3), joining NC3’s network of industry partners to help expand access to industry-recognized certifications to the secondary education market.

NC3 is the national leader in advancing career and technical education (CTE) through strong partnerships between education providers and industry. With a network of more than 2,000 education institutions and organizations, NC3 has supported 430,000+ students and delivered more than one million industry-driven, stackable certifications aligned to national skills standards.

Through this partnership, Meteor Education will play a unique role in extending NC3’s certification delivery into the secondary school market. By partnering directly with NC3 to expand professional development, Meteor Education will now support secondary schools in implementing and delivering select Festo certifications that employers value and recognize.

This approach helps bridge a critical gap between access to hands-on learning experiences and career readiness requirements, enabling districts to more effectively build and sustain high-quality, career-connected learning pathways that are grounded in their local economies.

“We’re seeing a clear shift, schools are being asked to deliver outcomes that extend well beyond the classroom,” said Bill Latham, CEO of Meteor Education. “What we hear consistently from our customers is that the difference between offering industry certifications and delivering them well comes down to how prepared and supported their instructors are. Schools want to do this right, and they need partners who can equip their educators at a high level. NC3 is head and shoulders above in this regard. Their commitment to training, preparation, and ongoing support for instructors is unmatched and gives schools the confidence to deliver certifications with real rigor and integrity. We’re privileged to be working with NC3 and excited to join them in this work.”

Meteor Education’s model of embedding expert educators into school systems will allow NC3 certifications to be delivered with greater consistency and scalability across the secondary market – supporting both instructors and students in achieving stronger outcomes.

“NC3 is thrilled to partner with Meteor Education to expand access to STEM, manufacturing, and automation certifications across the secondary education system. Additionally, their expertise in designing engaging and functional learning environments will be a tremendous asset to our network of schools,” said Craig Foucht, NC3 Director of Development. “Together, we’re empowering the next generation of learners with the skills, spaces, and certifications they need to succeed in the modern workforce.”

Together, Meteor Education and NC3 are strengthening the connection between education and industry by expanding access to high-quality certifications, supporting educators, and helping students gain the skills and credentials needed for college and career success, while contributing to the growth and vitality of their local economy.

Learn more about NC3 at nc3.net.
Learn more about Meteor Education at meteoreducation.com.

About Meteor Education
Meteor Education is the leader in the design and delivery of collaborative, flexible learning environments that accelerate student engagement. As part of our full-service approach, Meteor’s local teams, educator experts and design specialists partner closely with each school district to create social classrooms and other custom spaces that empower educators to develop future-ready students. We provide training to teachers to help maximize the positive effect of each environment and tools so districts can measure the impact on student learning and the overall value provided to their community. Meteor has helped thousands of schools improve their learning settings for more than 30 years. Over the past five years we partnered with 1,800+ districts across the US to impact the educational experience of more than 3.2 million students.

About NC3
The National Coalition of Certification Centers (NC3) is a driving force in connecting education to industry through innovative training and certification programs that prepare students for high-demand careers. As part of its comprehensive approach, NC3 partners with educators, administrators, and industry experts to design hands-on learning environments that reflect real-world workforce needs. Through instructor training, industry-recognized certifications, and program development support, NC3 empowers institutions to deliver relevant, skills-based education that drives student success. NC3 also provides the tools and resources needed to ensure program quality and measurable outcomes for both students and communities. With a growing national network of education and industry partners, NC3 has helped hundreds of institutions strengthen their programs and expand opportunities for thousands of students across the country.

Media Contact:
Chelsea Adicks
Director, Brand & Communications
800-699-7516
cadicks@meteoreducation.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/meteor-education-joins-nc3-industry-partner-network-to-expand-access-to-industry-recognized-certifications-in-secondary-schools-302748984.html

SOURCE Meteor Education

Continue Reading

Technology

As AI Reshapes Wine Discovery, The Weinheimer Group Releases Industry Readiness Research and Launches VINTAGE² Educational System for Winery Operators

Published

on

By

AUSTIN, Texas, April 21, 2026 /PRNewswire/ — The Weinheimer Group today released the Wine Industry AI Marketing Readiness Report, a study of verified winery owners, operators, and marketing decision-makers examining directionally how the industry is approaching artificial intelligence in brand marketing, visibility, and growth. The findings arrive alongside the launch of VINTAGE², an AI visibility educational system built to help wineries understand and navigate the way artificial intelligence is reshaping consumer and trade discovery.

The report’s headline finding is unambiguous: 93% of wine industry respondents are either actively experimenting with AI or gathering information, with only 7% saying AI is not a current priority. Yet a significant gap separates awareness from action. Sixty percent of respondents identify improving online discoverability as their top AI opportunity, making it the most dominant single finding in the study. Thirty-six percent say uncertainty about what is real versus hype remains their primary obstacle, and 29% say clear return on investment proof is the single factor that would move them to take a first step.

“The wine industry has crossed a threshold that cannot be walked back,” said Tim Weinheimer, Brand-AI Marketing Strategist and creator of VINTAGE². “AI-powered search and generative engines are already functioning as the first point of discovery for consumers and trade buyers alike. Wineries that are not visible in those systems are not just losing marketing share of voice, they are losing the conversation entirely before it begins.”

Specializing in AI brand growth consulting for wineries, Tim developed VINTAGE² in direct response to this gap. The system provides winery leaders with a structured operational framework covering AI search behavior, brand visibility audits, narrative alignment, and the practical mechanics of Generative Engine Optimization (GEO), the emerging discipline of ensuring a brand is understood, trusted, and cited by AI-powered discovery platforms. It is not a software subscription or a quick-fix tool. It is a working knowledge system designed to build durable capability inside winery teams.

“Tim’s AI readiness educational workshop was eye-opening on the opportunities for our brand’s visibility,” said Valerie Elkins, Director of Memberships at William Chris Wine Company. “It helped us clearly understand how AI is already shaping how consumers find wineries like ours, and where William Chris Vineyards has a real opportunity to show up more consistently and credibly. Tim translated a complex topic into practical insight we are ready to act on with our marketing communications.”

For operators building new ventures, the learning curve is even more consequential. “As a new business, we knew that visibility, especially in news, online ratings and reviews, and AI search, would be critical from the start,” said Vinoth Rajkumar, Proprietor of Cork2Glass. “In just five months, we are seeing consistent visibility that has meaningfully supported our early growth.”

Access the AI Marketing Readiness Report and book a free 30-minute consultation with Tim.

About The Weinheimer Group
The Weinheimer Group is a winery brand strategy consultancy specializing in AI readiness, brand clarity, and digital visibility for the wine industry. Founder Tim Weinheimer brings more than 30 years of marketing leadership experience, WSET Level 3 certification, and recognition as Digital Agency of the Year and Data-Driven Agency of the Year by the SABRE North America Awards. A former winery founder, Tim previously launched and sold Su Vino Winery in Grapevine, Texas. He is currently a WSET Diploma candidate through the Napa Valley Wine Academy.

Media Contact:
Timothy Weinheimer
Brand AI Marketing Strategist
tim@weinheimergroup.com
(202) 297-1444

View original content to download multimedia:https://www.prnewswire.com/news-releases/as-ai-reshapes-wine-discovery-the-weinheimer-group-releases-industry-readiness-research-and-launches-vintage-educational-system-for-winery-operators-302747573.html

SOURCE The Weinheimer Group

Continue Reading

Trending