IIF consultation examines how new technologies are transforming asset and wealth management industry
Institute of International Finance consultation discusses how new technologies and software-based companies are transforming asset and wealth management (AWM). New technology provides opportunities for traditional AWM firms while challenging them to re-invent business models. Traditional firms in the asset and wealth management industry will need to strategically respond to new sources of competition from well-funded software-driven companies that are making significant inroads in the market by focusing on unmet client demands, bringing down costs, and providing innovative new services.
Publisher:
Others
Release date:
Dec 2015
Type:
Consultative, discussion and issues paper
Topics:
Operational risk, Pension and retirement plans
Sectors:
Banking, Insurance, Pensions, Securities
Deadline for comments:
Sep 2016
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