Cyber risk climbs to the top risk for Singapore insurers
Cyber risk, technology and change management have been pinpointed as the three biggest concerns for insurers in Singapore, according to a poll of senior industry experts.
Cyber risk, technology and change management have been pinpointed as the three biggest concerns for insurers in Singapore, according to a poll of senior industry experts.
PwC Singapore launches new sustainability report, looking at the firm’s strategy, policies and performance in the areas of environment, social and governance
PwC rated highly for developing future functionality and offering road maps and for its financial/funding model strategy
In Singapore, PwC pledges close to S$10 million to digitally upskill its people in line with its global ‘New World. New Skills.’ commitment. PwC’s global revenues up 7% to US$42.4 billion. Focus on our purpose drives good revenue growth in all major markets and areas of business. 25,000 new jobs created, increasing the workforce to 276,000.
PwC Singapore has appointed Paul Pak as the new Leader of its Asset & Wealth Management (AWM) practice with effect from 1 October 2019. Paul succeeds Justin Ong, who has led the practice since 2006.
Over half (54%) of Singaporean workers think it is likely that their role will be made obsolete or be significantly changed by automation over the next 10 years. Amongst the 11 countries surveyed, French workers are the most nervous or scared about the future impact of technology on their jobs (20%) followed by Singaporeans (18%) and British (18%)
PwC doesn’t come to fix the plumbing but instead to transform a client.
PwC announced that it was cited as a Leader in The Forrester Wave™: AI Consultancies, Q3 2019.
On firms that provide Artificial Intelligence (AI) consulting services, Forrester notes that “offering, breadth of support, and innovation are key differentiators.”
The report states that: “PwC doesn’t see a technology prob
PwC marries AI skills with industry expertise and leverages tax and audit skills.
PwC announced that it was cited as a Strong Performer in The Forrester Wave™: AI Consultancies in Asia Pacific, Q3 2019
Forrester notes that “data science/analytics, data engineering, and business expertise are key differentiators.”
The report states that: “PwC marries AI skills with industry expertise and
● Singapore ranks 14th globally for idea intensity (543 patents granted per million population) in 2017, up from 16th place in 2010 (359 granted per million population) ● South Korea ranks highest in world for idea intensity according to new analysis by PwC ● Analysis demonstrates clear relationship between public and private investment in research & development (R&D) and idea intensity
PwC named Best in Class for Client Capability Development
• Singapore was seen as having the second most BRI opportunities at 57%, just behind Vietnam at 66% and tied with Indonesia also at 57%. • Political risk emerged the top risk organisations see in getting involved with BRI projects (75%). • Smart cities & urban development was cited as the top sector for opportunities at 43%.
• Partnership with PwC Singapore’s Venture Hub will equip DiMuto with the expertise to scale up its operations globally in a bigger way • Partnership will also see both parties build a trust framework, which aims to establish a set of principles to enhance safety and security of DiMuto’s Track & Trace blockchain solution in the food supply chain.
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 364,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com/sg.
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