Wealth managers are notoriously attached to paper. This hinders both their ease of doing business, leading to sub-optimal client experience, and their cost of compliance, which increases risk.
Despite significant investment in the digitisation of administrative processes, the crucial last step of signing an agreement has proven hard to tackle. Digital signature solutions offer the final link in the digital chain, ensuring a seamless, end-to-end digital client journey that is uninterrupted by printing, signing, scanning and mailing. Clients enjoy a frictionless experience that allows them to conduct business transactions anywhere, any time and from any device.
The benefits of digital signatures are many, however they are not always obvious or fully-understood.
All documents must be signed with a ‘Qualified Electronic Signature’ to be legally valid
Digital signature solutions are cumbersome and time-consuming to implement
Paper and ink are free, technology is expensive
Join our webinar to learn the facts and discover whether digital signatures would work for you.
27 March 2023
Traditional Wealth Management firms and Private Banks may think that human service will confer a point of difference in time. However, they could be standing on a burning bridge. There are some very compelling reasons for adopting AI technology and automation within your service model, and in time, protecting profitability will likely force action.
3 min. read
23 March 2023
There may be many ways in which a wealth management business ensures the digital functionality of its hybrid model is compliant. In this article, we will focus on three features that should be embedded in the hybrid model solution to ensure greater compliance with regulatory requirements.
3 min. read
15 March 2023
A Hybrid Servicing model is central to the future of wealth management. Its growing popularity has been driven by a more digitally adept population, and a younger demographic of HNW and UHNW investors impacting the current benchmarks for client servicing and accessibility to financial data.
3 min. read
At Wealth Dynamix, we believe a hybrid client servicing model offers the optimal solution – it is efficient, effective, and can support compliance.