Tommaso Migliore CEO & Co-Founder at MDOTM Ltd
According to Deloitte, financial institutions that use AI in the investment process grow AuM by 8% and raise productivity by 14%. Now that financial markets have changed, Wealth and Asset Managers are racing to develop AI solutions that can assist their clients by successfully navigating through new market conditions. — As we are witnessing a ...
25 January 2023 /wealth /markets Fintech
Sridhar Ramamurthi Industry Advisor at TCS
In an earlier blog (titled: Being purpose-led: Considerations for Financial Services firms – What does it mean?), we explored what purpose-led means with a few examples. So far, the articulation of the (positive) impact of the aforementioned (earlier blog) financial service instances has been largely qualitative and subjective, making inferences a...
24 January 2023 /wealth /retail Finextra site news
Jose Pierre CEO at Marketware International, Inc.
The world of wealth management is evolving rapidly in response to the changing landscape of technology and investment strategy. As artificial intelligence (AI) technology becomes more powerful and sophisticated, its use in the wealth management space is steadily increasing. As AI technology continues to expand its capabilities and is integrated in...
19 January 2023 /wealth /retail Artificial Intelligence and Financial Services
Farouk Ferchichi Group President, Envestnet Data and Analytics at Envestnet
The CFPB paved the way for open banking rulemaking. Now is the time to expand on it. This year at Money 20/20, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra laid out plans to finalize open banking rulemaking, bringing the U.S. closer than ever before to developing an open banking ecosystem. If all goes according to plan, the CF...
19 January 2023 /wealth /retail Open Banking
Dr Boris Rankov Product Head of Digital Advisory & Portfolio at InvestCloud
The past three years have seen pretty much non-stop uncertainty and market turbulence. The pandemic, war, and the battle to keep inflation under control have all been a worry for investors concerned about the impact of volatility, interest rates and inflation on their portfolios. It is no surprise that clients are reaching out to their advisers w...
19 January 2023 /wealth Artificial Intelligence and Financial Services
Being purpose-led and ecosystem-driven is fundamentally transforming the way institutions in the financial sector function. But it is easier said and declared than done. Using six selective examples of recent innovative offerings, we explore what the shift means for financial institutions, the challenges they face and key considerations in becomin...
19 January 2023 /wealth /retail Finextra site news
Andrei Karpushonak CEO at Aprimerose
Private equity is an investment asset class that involves the purchase of shares in private companies, typically those not listed on a public stock exchange. Professional investors such as venture capitalists and private equity firms make private equity investments, seeking to generate returns through active management of their portfolio companies...
17 January 2023 /wealth /startups Asia Financial Services
Andrew Beatty Head of Wealth, Retirement & International at FIS
These are difficult times for the global economy. With an economic slowdown in most major economies, along with high inflation and escalating cost of living, reasons to be cheerful about the economic outlook – and its impact on banks and wealth managers – may seem scarce. However, as the saying goes, “The best generals are made in battle.” The cur...
13 January 2023 /wealth /retail Banking Strategy, Digital and Transformation
Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
So once we in the early 80s saw how customers - with delight - started to use e-banking for bill payments and balance checking, we started to ponder what other services could be built on the economy of trust and economy of habit created. Adding economy of scope (buy more in one-stop shopping) and economy of repetion (learn once - use for more servi...
28 December 2022 /wealth /retail Banking Strategy, Digital and Transformation
Kristoffer Fürst Founder at Limina Financial Systems
Order and portfolio management systems, such as the Limina Investment Management System, Charles River Development and Bloomberg AIM are essential for asset managers and asset owners. However, understanding the total cost of ownership (TCO*) of these systems can often be difficult. In this article we look into what can, and ultimately will, impact...
19 December 2022 /wealth /cloud Fintech
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