Article

Agility and Scalability: 5 Trends Driving Wealth Management Tech Choices

WealthManagement.com - 2020 Market Outlook.

Based on conversations with clients, industry colleagues and recent surveys, trends driving wealth management tech choices have been identified as: M&A driven tech consolidation, increased outsourcing, more emphasis on data quality and governance, expanding services due to fee pressure and the continued value of high value low disruption solutions. Learn more here. Wealth management firms require a technology partner not just to help them operate more efficiently, but to give them a competitive edge. From that perspective, making smart technology investments is among the biggest challenges firms face. Based on conversations with clients, industry colleagues and recent surveys, we’ve highlighted five key trends shaping technology decisions in the year ahead.