Tag: Wealth management

Financial simulations are a core part of wealth management, but how can AI transform them to become an even more powerful tool for investors?

FinTech Global, a specialist research firm, has released its WealthTech Market Map, which will serve as an informative guide for financial institutions, wealth and asset management and private banks looking to navigate the burgeoning sector.

In the world of finance, many establishments have taken advantage of non-transparent fee systems, resulting in overlapping charges. Such intricate fee regimes often deter Family Offices from meticulously tracking their investment strategy execution fees. In this landscape, custodian banks, with no particular stake in the game, offer minimal assistance in fee monitoring.

While it has its risks, gamification can be a valuable tool to help wealth managers improve customer engagement and loyalty. 

Handelsbanken Norway has partnered with Tietoevry in a bid to modernise its IT landscape and enhancing the customer experience. 

Singapore-based wealth management platform Endowus has recently raised $35m in a Series C funding round. 

In a new initiative aimed at reshaping the financial services landscape, Mediobanca, Italy's top-tier investment bank, has joined forces with Founders Factory.

Arsenal football player Jorginho, known for his midfield prowess on the pitch, has turned his hand to financial investments, becoming a founding investor in Gather, a budding FinTech start-up.

WealthTech is an ever-evolving landscape, with wealth managers perpetually innovating to adapt to client needs. It's absolutely vital for these financial gurus to stay ahead of trends and identify the crucial areas of focus to provide stellar service and maximise client outcomes. As we journey into 2023, let's delve into the top five priorities for wealth managers.

Velexa has achieved ISO/IEC 27001:2013 certification, demonstrating commitment to wealth management and stringent industry standards.