Digital Banking: The Opportunity for Wealth Managers
Digital technology is coming of age in wealth management – streamlining processes, freeing up resources for value-added activities and allowing providers to target new segments.
The traditional wealth management model has been unchanged for years: a personal service underpinned by years of specialist experience. Not anymore. Just as in many other industries, digital technology is starting to play a role in improving customer choice, and helping wealth managers enhance and support their existing business and take advantage of new opportunities to offer new services.
As appeared in Business reporter and The Telegraph Online