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.
With monotonous, repetitive administrative work is taken out of the way, teachers would be better equipped to focus on what they are truly passionate about - their students. Here are a few compelling use cases for how Robotic Process Automation could potentially disrupt the world of education for the better.
Among all the industries that got shaken up by COVID-19, the payments industry is arguably the one that saw the most disruption. However, in the past six months, e-commerce, digital payments, and other online services have all registered excellent growth. The pandemic has reshaped how consumers and businesses interact with each other and this will shape the future of the payments industry. Here are a few of the trends that were observed during this time.
Brands are the fuel that runs the FMCG organization. Mobile technology can offer insights into brand performance. Read how.