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 latest trends in Digital healthcare casts itself as a tour de force in the medical sector. While we are fast approaching a world where teleconsultations are no less commonplace than online shopping, the challenges faced by the field today makes it an uphill task for companies as well as customers. In this blog, we look at the biggest hurdles in telehealth solutions, keeping in mind that to gather the momentum to leap past, we must first prepare, indeed , by taking a few steps back.
Intelligent automation combines artificial intelligence and automation to create smart business solutions that can analyze, learn, and adapt to improve the efficiency and productivity of any organization. It leverages natural language processing, computer vision, machine learning, and machine vision to understand and solve complex business challenges. In this blog, we look at how IA incorporates cognitive technologies with Robotic Process Automation (RPA) to automate any business processes, reduce operational costs, improve efficiency, and enhance customer experience.