For the first time since the advent of the Excel spreadsheet, the playing field is leveled.
Despite talk of providing solutions to investment problems, there is simplicity in an off-the-shelf product designed to perform a specific function well. Pooled funds can be cheap, relatively simple to understand and easy to transact.
The challenge now is how rapidly they can unbundle their services and compete at different points in the supply chain.
Wealth Dynamix has announced a new partnership agreement with leading management consultancy Synpulse which will help scale-up global deployment of its industry-leading WDX1 solution to the world’s biggest private banks, wealth and asset management firms.
Should data projects be prioritised over client reporting? Does client reporting have more value? What are the drivers for the decision? How might your clients view your plans and is your chosen approach correct?
RegTech is a focus of this week’s report. While one industry expert believes that RegTech is set for a huge year, another says that RegTech spending could actually peak in 2020 due to budget reductions.