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Digital transformation in wealth management

Traditionally, the business of wealth management has been based on personal relationships and trust, as client engagement involves several individuals and manual processes. This business model has poor scalability and efficiency and the need of the hour is a next-generation operating model that is supported by Data, Analytics, and Technology.

We are currently at a juncture when the industry’s business models are getting disrupted, with digitization accelerating the change. In this article, we take a look at a few of the several drivers bringing changes to the world of wealth management.

The year in review: Digital trends that shaped 2020

It’s that time of the year when everyone is looking back and pondering on the year that passed us by. This year was monumental – the history books will always talk about the year a pandemic brought the world to a standstill. The changes it brought to the world of digital technology were no less memorable. Here’s a look back at the trends that shaped 2020.

Top 5 trends in healthcare IT technology

A recent  article published by New York Times claimed that a deep learning algorithm was able to screen for lung cancer with 94% accuracy. The system was even able to match and sometimes even beat, 6 expert radiologists who were part of the study. This news might sound sensationalist for most outsiders, but for people […]