Page 7 - ASCOT GROUP COMPLETE DOCUMENT (2)
P. 7
● Provide products and policies issued in DCEP adding an important function to the DCEP’s
ecosystem
● An international cross border financial services group would be able to showcase the benefit
of a state owned digital currency - the ultimate cross border method of payment
● Provide global reach, especially to markets that are not included within the 60 countries that
will form part of the Belt and Road Initiative, that will be targeted for payments using DCEP
● Indirectly adding marketing exposure to the currency
● The Chinese Life Assurance company could act as a two-way portal / gateway for the new
currency in both retail and institutional markets - accessing investments around the world via
their international offshore base
ASCOT GROUP
Bringing you cutting edge technology fused with established investor security in the international cross
border life assurance and wealth management sectors, which is available to all clients across the globe,
regardless of their country of residency, providing online financial advice in many languages 24 hours
a day.
Ascot Life is rooted in the oldest established continuous parliamentary democracy in the world. This
international hub provides the highest level of investor protection through bespoke legislation and
acknowledged expertise.
Background
The Life-Wealth sector has many reasons to be excited about its future, as a larger and longer living
global population is increasing demand for Life-Wealth products. In turn, the increasing affluence of
people within the high-growth markets of South America, Asia, Africa and the Middle East (SAAAME)
is creating a growing need for cross-border Life-Wealth solutions that provide both political stability
with established investor security.
This is also a time of extensive change, as customers, particularly millennials, become accustomed to
the ease, elegance and portability of the Apple/Alibaba/Amazon ‘experience’ - they want the same
ease of accessibility in their Life-Wealth products and solutions - no matter where they are in the world.
We have seen in other sectors how even market-leading companies can quickly slide into obsolescence
once customers see that they can get what they want cheaper, smarter and easier. New and agile
players can short-circuit the industry’s entrenched business paradigms making it possible for a
newcomer to arrive and rapidly achieve solid global scale simply by thinking and operating differently.