How robotics can deliver smart wealth advice - Cuffelinks

Over the last three years, there has been a significant shift towards the adoption of new and emerging technologies leading to a widening mix of advice, administration and investment practices among wealth managers. In the face of competitive market pressures, constant regulatory change and escalating data volumes, it is critical for wealth management firms to leverage technology and the underlying data creatively to improve service quality, personalise customer experiences and create platforms for smart processing. Wealth managers need to define and firmly establish digital operations as a capability within their businesses. One of the key drivers to the speed and adoption of digital operations is the maturity of the Robotic Automation solutions. There are two types of solutions in this marketplace: Unassisted Automation and Assisted Automation.