371 Results from /wealth
Joris Lochy Product Manager at Intix | Co-founder at Capilever
With interest rates close to 0, people are forced to invest their money to avoid losing buying power (as inflation is considerably higher than the typical interest rate on a saving account or term deposit). As many people do not want to actively follow-up their investment portfolio, most bank customers invest in actively-managed investment funds (o...
15 April 2021 /wealth /retail Fintech innovation and startups
James Wooster COO at Glue42
In our prior blog, we had introduced desktop fragmentation, the problems posed by it, and how a Desktop Integration Platform (DIP) can solve them. In this blog we delve further into the architecture and structure of DIPs. Providing a seamless user experience to end-users such as traders, analysts, data scientists, etc. has long been a challenge ow...
13 April 2021 /wealth /devops Capital Markets Technology
Adriana P Trader at Xray Trade
NFTs (non-fungible tokens) are not such a new concept as you would think - true blockchain enthusiasts will know that the first NFTs ever created were not in 2017 with the CryptoKitties on the Ethereum blockchain but 2012 on the Bitcoin blockchain. Although Bitcoin being NFTs is the opposite of its point as a currency. An NFT is a non-fungible ite...
09 April 2021 /wealth /crypto Fintech
Regardless of whether you are a trader or a portfolio manager, the user journey in Financial Services is, to date, a tale of disparate technologies, inconsistent ergonomics, and poorly optimized workflows. Financial institutions constantly innovate and introduce new applications, thus placing a significant cognitive demand on the end user. While a...
08 April 2021 /wealth /devops Innovation in Financial Services
Retired Member
Wealth managers must master hyper-personalisation in order to retain revenues during the great wealth transfer. For wealth managers striving to achieve competitive advantage, the depth of client relationships heavily influences service quality, loyalty, share of wallet and – ultimately – profitability. Increasingly, wealth managers are reassessing...
23 March 2021 /wealth Capital Markets Technology
Thomas Pintelon Head of Strategy at Capilever
Despite significant efforts by schools and media to give more attention to financial skills, the level of financial literacy in the general population remains low. Basic financial budget management appears very difficult for many people, let alone understanding more complex concepts like the correlation between risk and return, the need for divers...
17 March 2021 /wealth /inclusion Financial Risk Management
Alan Blanchard Country Head UK at Apiax
The legal and reputational risks associated with providing cross-border financial services have risen sharply in recent years. Current national lockdowns and travel restrictions, alongside major regulatory upheaval, such as Brexit, are only adding to the challenges facing global banks. With bankers, wealth managers, asset managers and other financ...
04 March 2021 /regulation /wealth Financial Services Regulation
Tushar Chitra Vice President, Product Strategy and Management at Oracle Financial Services
Successful digital onboarding is not just about enabling a customer to sign up for an account through a mobile phone in 5 minutes. What if the customer is forced into a cumbersome verification process after sign up? What if the customer needs advice on the best account that suits her or his needs or is confused about the details of a loan? If the ...
03 March 2021 /wealth /retail Banking Strategy, Digital and Transformation
The offshore explosion The nineties saw an explosion in the deployment of offshore service centres, the most popular destinations being China, India, Malaysia, Indonesia, Philippines and Brazil. The main benefit of this dash to offshoring and outsourcing was seen as reduced cost, given the compelling lower staffing and real estate costs these lo
22 February 2021 /wealth /cloud Artificial Intelligence and Financial Services
Digitise processes across the client lifecycle for frictionless remediation As remediation gathers pace, wealth managers must further accelerate digitisation to avoid resource-intensive distractions that impact sales. By February 2020 wealth managers began realising that digitisation was a pre-requisite to thriving or even surviving the Covid-19 pa...
18 February 2021 /regulation /wealth Trends in Financial Services
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