Five tech risks wealth managers can turn into opportunity
By Tom Carnegie, 23 Aug 18
Wealth managers need to look at ways of embracing technology rather than viewing it as a threat
Click through the slides below to see the top tips
Risk four: The (un)sustainable investment
Keeping pace with the evolving technology industry requires a lot of money and management focus, Russell said.
“Often overlooked, these costs can build up over time, are sometimes not easily visible, and may not be aggregated in a single report.
“Consolidating onto a unified platform creates a cohesive environment that brings cost benefits, and it creates transparency and simplicity in understanding cost drivers,” he said.
