Serve the Mass Affluent Market
Serving the rapidly growing volume of the Mass Affluent market presents the best opportunity for retail banks to capture a share of the wealth management market. Temenos Infinity integrates wealth management capabilities directly into the omnichannel banking experience.
Robo-Advisor delivers an automated portfolio management capability as part of the Temenos Infinity customer experience for retail banking. A full feature set offers investment management advice and execution at a price point attractive to the mass affluent consumer.
Temenos Goal-Based Investing
Focusing on the aspirational goals of the customer, Temenos’ integrated Goal-Based Investing module extends the standard Robo-Advisor to provide capabilities for customers either in self-service mode or via their Relationship Manager to set up different goals, match with the best-fit investment products and track these through to their goal completion.
The Next-Generation Wealth Manager
Advancing services and personalization with technology
Conversational Banking is the latest customer-centric digital innovation that the industry needs to take notice of. Banks and other financial institutions need to start thinking about putting in place the necessary processes and technology to consolidate customer satisfaction and advocacy.
As online and mobile banking has become the primary banking interaction channels for many consumers, banks must increasingly invest their efforts and resources into keeping up with the latest trends…
Wealth management is booming. PwC predicts that global assets under management will double by 2025 to $145.4 trillion, with much of the growth coming from the mass-affluent market.
New report identifies greater use of AI by wealth managers to deliver predictive guidance, improve risk management and personalize investment experience at scale.
The report, titled “The Next-Generation Wealth Manager,” found that 64% of wealth management executives believe the industry’s future lies with mass-affluent investors, a notable change considering that 32% agreed that…