The future of wealth advisory requires being in sync with your clients: understanding their financial needs, what’s going on in their lives and how they prefer to interact. Firms that want to remain competitive will need to think from the lens of how to make life easier for their clients with digital tools. Each year,…
Recently, Amazon, Berkshire Hathaway and JPMorgan Chase announced their plan to join together to create a new company which provides less expensive healthcare to their employees. A day later, stock prices across the health sector fell. It’s no wonder Amazon and other tech giants have been blowing down entire industries and reinventing them—true champions of…
For years, asset managers have engaged strategic partners to perform their non-core functions. These arrangements can improve efficiency, reduce risk and add to the bottom line. They also enable firms to focus on their main business—servicing clients and understanding the markets. Each asset manager defines its own set of guiding principles to navigate the outsourcing…
You can’t read industry news now without fintech innovation stealing the headlines. Fintechs, digital from day one, are agile enough to not only innovate, but innovate with speed. And with 291.3 million fintech users projected by 2022, I don’t expect those headlines to slow down anytime soon.[i] Despite the focus of recent media attention on…
If you think the cost of doing business is rising, here’s another element to consider. Only this one does not come about by market forces, but rather by menaces in the netherworld. The genesis is the online environment – that powerful capability at our fingertips we depend on for so many facets of our business…
Investment management firms are deluged in a flood of data today, and data complexity, velocity and volumes will likely only escalate as data becomes the primary “currency” supporting critical business activities. That’s why a strong enterprise data management (EDM) strategy could increasingly be a source of competitive advantage in the investment industry. But EDM is…
