Customer-centric digitalization of wealth management: The impetus for the digitalization of wealth management is rooted in the rising expectations of the customers and the onset of the Fintech revolution. Of course, other macro trends such as a rise in global wealth, the burdensome regulatory frameworks, the massive shift toward passive [...]
Digital Transformation Disablers: How BFSI sector struggles with digitalization. Digital transformation is all the rage today. Enterprises the world over are embarking on digital initiatives – big and small, and transformative and tactical – to varying degrees of success. When one looks deeply at the digital disasters – the jaw-dropping [...]
How can banks compete against Fintechs outlines the core strategies bankers can follow to survive and thrive in this digital economy. Banks are under tremendous assault from an array of Fintechs which are unbundling every aspect of banking. Apparently, in recent years some of the behemoth banks have awoken from [...]
It seems much of the Fintech action in recent years has been in retail banking and for the casual observer, the digital transformation of commercial and corporate banking still appears to be stuck in the analog world. However, if one looks closely at the strategy and [...]
The wealth management digital transformation was not a big bang as one thought it might be or should be. While their banking brethren have undertaken a significant and radical re-architecture, the wealth management and private banking firms have largely been spectators except for a few firms dabbling in the Fintech [...]
How does one balance the KYC Considerations in Digital Account Opening Transformation? It is evident that financial services firms need to up their digital game and transforming account opening capability is one of the essential items in this digital age where customer experience reigns as the supreme challenge facing enterprises. [...]
