Digital vital for next gen wealth management

  2 8,498 1 comment

Sponsored

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.

Balazs Fejes (FB), Co-Head Global Business at EPAM Systems, discusses how private banks must exploit digitalisation to meet the growing requirement of customers for sophisticated wealth management at low to no cost, and shares examples of how digital channels are driving business growth for wealth managers in Asia.

Related Company

Channels

/retail banking /security /financial inclusion /start ups

Keywords

innovation mobile & online banking
 

Share

3
2
4
 
1

Comments: (1)

A Finextra member 

This is aproduct with a great potential for all parties. The Community Banks have a huge challenge of producing this product. Banks normally want to charge fees for their products but this potential product will not have that enormous margin as most banks will like. This product will have to be available for all channels to deliver and have the ability to create transactions. Most importantly the banks are going to have to train the staff to think of the customers total financial products and not just the banks products. This is a huge change for bank because banks like to think they are rhe customers salvation to existings.

Great potential but a lot of thought and work.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept