Wealth Management Series – Start With An Automation Assessment
Most wealth managers will be somewhere at the mid-way point on a digital maturity curve, they are typically digitally complex organisations using multiple market data sources, systems and platforms across legacy infrastructure and business functions. The majority of tier-1 wealth managers will have integrated automation into their business processes with varying degrees of success mainly as a result of the complexities mentioned above. In a survey […]
Wealth Management Series – Accelerating Business Value & Automation
Many reports are focusing on the future of Wealth Management and conclude that firms should continue to focus on building scale with an eye on outsourcing and implementing new technology. Cost reduction initiatives should include a clear reinvestment strategy, leading firms to increase their investments in automation and intelligent operations. Regardless of the product mix, operating models […]
Wealth Management Series – Are You Automating Intelligently?
Most wealth managers will be somewhere at the mid-way point on a digital maturity curve. They are typically digitally complex organisations using multiple market data sources, systems and platforms across legacy infrastructure and business functions. The majority of tier-1 wealth managers will have integrated automation into their business processes with varying degrees of success, mainly as a result of […]
Asset Management Series – The Intelligent Automation Journey
A Recent survey looking specifically at productivity stated only 18% of clients were very satisfied with their automation programs and went further still 71% of respondents cited poor implementation and 59% noted a lack of coordinated strategy as a reason for not achieving success. What needs to happen to change this situation? Clearly, the respondents of the survey […]
Asset Management Series – To Accelerate Business Value, You Need To Automate
In a report on “The Future of Asset Management”, they conclude that firms should continue to focus on building scale with an eye on outsourcing and implementing new technology. Cost reduction initiatives should include a clear reinvestment strategy, leading firms to increase their investments in automation and intelligent operations. Regardless of the product mix, operating models should […]
Fund Setup Process – Messy bottlenecks preventing scale?
For many ambitious Alts or Private Capital firms, a slow and hard-to-coordinate fund setup process is causing ripple effects: It risks slowing down capital raising, it can prevent investment teams from taking advantage of market opportunities, and it creates havoc for finance and operations. As the industry is maturing and fee income is becoming an […]
Wealth Management Series – A Need For Automation
In a recent report which looked at accelerating digital and transforming through technology, it was concluded that mid-office and back-office processes – regulatory, trading execution, treasury, finance, risk and compliance, for example – will be reimagined and redesigned in order to enable the future business and operating models. The insight goes further and looks at the adoption of intelligent […]
Asset Management Series – Start With An Automation Assessment
Most asset managers will be somewhere at the mid-way point on a digital maturity curve, they are typically digitally complex organisations using multiple market data sources, systems and platforms across legacy infrastructure and business functions. The majority of tier-1 asset managers will have integrated automation into their business processes with varying degrees of success mainly as a result of the complexities […]
Wealth Management Series – Automation Delivers Operational Efficiency
To absorb the costs of scaling an wealth management business, automation is required to maximise operational efficiency. According to a recent report, “Operational efficiency is increasingly important for traditional investment managers as low-cost passive investing is increasing competitive pressure. The automation of high frequency, repetitive manual processes are designed to reduce the costs and operational risks and release talent to complete higher-value […]
Wealth Management Series: Sanctions – Do We Go Further?
With global events moving fast it is important to reflect on how digital capabilities can help to protect your business and ensure compliance and full alignment with the existing sanctions regime, asset freezes and full FCC measures. The UK is going to push through new economic crime law, I’m sure that other Western economies will implement new economic controls as well. […]
Wealth Management Series – Digital Transformation Is Essential For Growth
On Tuesday we looked at some of the macro drivers for strategic growth strategies of global wealth managers which included the integration of ESG criteria into the investment process, digital transformation, Increasing the operational efficiency of the enterprise, client experience, new product development and differentiators such as new regional focus and increasing capabilities in real assets. Wealth management leadership teams […]
Asset Management Series – Accelerating Business Value With Automation
Many reports are focusing on the future of Asset Management and conclude that firms should continue to focus on building scale with an eye on outsourcing and implementing new technology. Cost reduction initiatives should include a clear reinvestment strategy, leading firms to increase their investments in automation and intelligent operations. Regardless of the product mix, operating models should […]