In this issue, one of our feature stories tackles change in an area that is mission critical to all private banks - 50% of the private banks we surveyed spend over US$60 million on technology in Asia. A full 100% of the banks surveyed are increasing their spend on technology. Even so, innovation and regulation are outpacing spend - how then do banks decide where to spend these dollars? The more innovative are beginning to “spend where they earn”, focussing resources on front-end, client-facing technology. As a result, several platforms providing multiple products at multiple prices have become strong enablers of a bank’s success and a client satisfaction. We talk to those at the forefront of this revolution.