Scale through consolidation has become another way for UK wealth managers to maintain the digital pace, explains Matt Stamp, generating larger budgets for acquiring the technology critical to the future of the sector
Over the past decade, wealth management has been transformed by the rise of digital solutions. Wealth managers recognise they must embrace technologies that will enable them to engage with younger generations, operate more efficiently and strengthen long-term client relationships. As a result, the wealth management sector is undergoing a sustained period of digital transformation, with many firms building an ever-more diverse remit of digital services. This requires deep and rich technology solutions that can orchestrate transactions across global financial instruments, markets, currenci...
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