Specialist AI Set to Reshape Wealth Management
Dor Eligula, chief business officer and co-founder of BridgeWise, said the future of competition in wealth management would not be about “humans versus machines”.
Instead, he said the real divide would be between investors using specialised AI tools to uncover deeper opportunities and those still relying on general AI systems that were not designed specifically for the investment world.
He said the financial sector’s next challenge would be to develop AI that is accurate, transparent, explainable and built specifically for financial contexts, as demand for AI-powered investment tools continues to grow rapidly worldwide.
SET’s Three-Year Plan Targets Stronger Liquidity and Confidence
The Stock Exchange of Thailand (SET) has unveiled its three-year strategic plan under the theme “The Trusted Gateway to Inclusive Opportunities”, positioning itself as a gateway to broader investment opportunities while moving to enhance the efficiency of Thailand’s capital market.
Asadej Kongsiri, president of SET, said the three-year plan would take a proactive approach across all dimensions, including enhancing market attractiveness, increasing liquidity, improving the valuation of listed companies and, most importantly, restoring confidence while creating new opportunities for all sectors.
SET has outlined three key strategies to work with all stakeholders, drive the Thai capital market, remove obstacles and support growth amid a market slowdown and wider volatility.
Exciting Markets with Confidence: SET aims to revitalise the market by introducing new products such as Bond Connect and Crypto ETFs, while expanding DRs and L&I ETFs to attract a wider range of investors. The strategy includes developing a new portfolio-management application, holding roadshows to attract foreign investment, and reviewing regulations to ease foreign participation. SET will also improve IPO processes to attract high-potential companies, including SMEs, startups and foreign firms, while promoting more dynamic investment strategies through TFEX and new derivative products.
Grow Business with Stakeholders: SET is expanding its SETCarbon platform to more companies, aiming to create a unified carbon data system and support the upcoming Climate Change Act. It will also enhance its Market Data & Access services by using AI to improve data usability and by developing commercial service policies in line with international standards, turning data into a stronger business opportunity.
Great Process and People: SET will upgrade its clearing system by 2027 and launch new e-services, including QR Code Sealer and Investor Portal, to improve efficiency. It will also focus on developing its workforce in line with future business goals, fostering a culture of innovation, applying technology and leading industry change while maintaining long-term sustainability.
SET expects these three strategic directions to help the Thai capital market regain its important role in driving the national economy. The plan also reinforces SET’s commitment to connecting all sectors with the capital market and creating inclusive, sustainable investment opportunities for everyone.
Source: www.thailand.go.th
