The future of Wealth & Asset Management
The digital transformation is radically reshaping the Wealth and Asset Management sector. One of the most eminent future trend is: Shifting from provider-centricity to customer-centricity, from customer relationship management (CRM) to customer managed relationship (CMR).
Digitalization essentially means that traditional value chains will be divided up into several parts, where third-party provider and start-ups cut out a specific piece of the value chain. Will Apple, Amazon, Google & Co. push established asset managers to the fringes of what used to be their métier? And what future role will WealthTech start-ups play? Moreover, Open Banking is also becoming ever more relevant in Private Banking.
At the end of the day, the winner in all of this will be the customer: He will be able to choose the products and services he likes. So, what’s to do next? Many questions still need to be answered.
On November 14, 2017, leading experts are going to talk about these topics at Kosmos Zürich.
The main Twitter hashtag is #Wealth17