Wealth Management Transformed: leveraging the emerging ecosystem for the next wave

OVERVIEW

While open ecosystem strategies have become routine in other industries, they are still developing in wealth management. Leveraging diverse ecosystems can allow firms to redesign product mixes and strengthen and enhance distribution and operating models. How can the wealth management industry remain competitive and start leveraging ecosystem business models to unlock value?

Open for business

If you are to stay relevant in the age of open finance, continual agility, flexibility, and keeping a close eye on where your clients are heading all need to be part of the organisational toolbox. How do you optimise an open ecosystem to develop new product mixes and services and keep up with the direction of travel?

Embedded Finance

The borders on the journey are dissolving: any number of user experiences that your clients interact with daily will include financial products. What do you need to do to set yourself up to embed your products in customers’ daily digital journeys?

Wealth-as-a-Service

Banking-as-a-Service has laid the groundwork for Wealth-as-a-Service: a WaaS model could be a neat answer to scaleability and access to new markets. What will WaaS do for your wealth management value chain? And are you ready for it?