New report takes a holistic view of digital engagement for both clients and advisors, as well as financial institutions’ product and compliance efforts
Optimizing digital innovation in wealth management—in the realm of client engagement or product and compliance—has become imperative for financial institutions (FIs). In a new Impact Report, Digital Innovation in Wealth Management: Looking Back at 2021, research and advisory firm Aite-Novarica Group summarizes the key takeaways on digital innovation in wealth management from Aite-Novarica Group’s virtual Wealth Management Executive Forum conducted in 2021.
“The need to go digital has created focus and precision among many wealth managers around the types of clients they want to target,” said Meghna Mukerjee, Strategic Advisor at Aite-Novarica Group and author of the new report. “Wealth managers are also thinking about new client segments they can serve digitally that they had not catered to pre-pandemic.”
About Aite-Novarica Group:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the web and connect with us on Twitter and LinkedIn.