Our Business Development Director Tim Williams speaks to Portfolio Adviser on what lies ahead in their February edition – Insights & Predictions.
‘ Wealth management space changes for good’
“Microservices have enabled the wealth management industry to launch and adjust propositions to meet changing demands. They are making it easier for wealth managers to meet their consumer duty obligations and deliver value to the end client, and advice firms are embracing new technologies associated with microservices. duty, while shrinking margins will push towards greater operational efficiencies. Meanwhile, the hyper-personalisation of microservices means people will be able to pick and choose the best-of-breed services. Charging models may start to adapt so that customers can pay only for what they use, increasing fairness and transparency in the space.”
To read the article on FTAdviser click on the link below …
Portfolio Adviser Portfolio Adviser Magazine February 2023 – Insights & Predictions