Read how digital onboarding can not only improve customer experience but also drive significant efficiency gains inside your institution
Traditionally, firms in the Wealth & Investment Management Sector have completed onboarding for prospective clients using a mix of face to face meetings, formal paper documents, and emails. As this information is captured manually, it often then needs to be re-typed into one or more internal systems to help complete the approval and set-up of the client.
Head of Pre-Sales
This process presents a number of key challenges and difficulties to Wealth Managers in both growing their AUM, and reducing their cost base.
A digital onboarding solution can not only help to reduce overall costs but also to provide younger clients the same digital experience they have come to expect from other service industries. Delivering a truly integrated onboarding solution to realise these benefits is still, however, a significant challenge, with a great front end experience needing to be twinned with an adaptable, flexible and fully integrated onboarding backend.
6 April 2023
Adopter de nouvelles technologies pour fournir des services hybrides et créer une proposition de service hautement différenciée et rentable pour les clients existants et futurs pourrait être la clé pour renforcer votre société de gestion de patrimoine et s'engager avec la prochaine génération d'investisseurs.
3 min. read
24 January 2023
Embracing new technologies to deliver hybrid servicing and create a highly differentiated, cost-effective service proposition for existing and future clients could be the key to fortifying your Wealth Management firm and engaging with the next generation of investors.
3 min. read
10 January 2023
At Wealth Dynamix, we’re busting the myths surrounding modern-day Client Lifecycle Management to help guide the way.
1 min. read