August - 20196The business of wealth management has gone through enormous changes with technology playing the catalyst. Data and analytics, in particular, are becoming critical to strategic business decisions. Structured and unstructured data can help answer many questions about wealth management prospects and clients. We can identify what objectives are important to them, whether there are broad goals or themes among them, and whether there are any missed opportunities in the client experience journey.As client expectations and lifestyles have evolved due to the explosive growth of smart phones and a connected digital world, behaviors have changed. Clients and prospects expect to have information at their fingertips­what would require a meeting in the past can now be shared digitally. Data analytics will help us understand and adapt to these changing behavioral patterns and target customized experiences for our clients.In summary, as digitization becomes increasingly important, Wealth Management technology organizations are leveraging some of the newer trends in services, containers, big data and mobile to improve automation and efficiency, and to also dramatically improve the overall client experience. We expect this trend to continue over the next several years as businesses move from technology being an enabler of the business to being an integrated part of the overall digital experience. This journey is inevitable as behaviors and lifestyles evolve with technology, and devices become an integral part of daily life.In this edition of Wealth Management Tech, we present to you, the top players in the space who are creating a difference in the market. We hope you will find their solutions suitable for your game plan in the near future.Let us know your thoughts!Copyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Contact Us:phone:510.402.1463Fax:510-894-8405Email:sales@bankingciooutlook.comeditor@bankingciooutlook.commarketing@bankingciooutlook.com AUGUST - 01 - 2019, Volume 05 - 07(ISSN 2644-2418) Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesT:510.402.1464Nick Masonnick.mason@bankingciooutlook.comVisualizerAlbert RozarioIssac GeorgeManaging EditorJames RobertsonThe Business of Managing WealthJames RobertsonManaging Editor editor@bankingciooutlook.comCarolynn WaltersJustin SmithJoseph MichaelEditorialKenneth ThomasRussell ThomasArjun M Kumar*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
< Page 5 | Page 7 >