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 digital technology transforming wealth management


4 Digital Technologies Transforming Wealth Management in 2022

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While the customer needs change in the wealth management sector, the adoption of digital technologies has remained slow. A new generation of customers are now joining the market, and their needs are influenced by new technologies. Wealth managers need to provide faster and more convenient services with a digital experience in a more volatile and uncertain environment created by the Covid-19 pandemic. McKinsey states that wealth management firms can not overcome these challenges without digital transformation. This article explores 4 key digital technologies transforming the wealth management sector.