How digital technology and artificial intelligence will change wealth management
Source: Tought Lab
The global wealth management sector is undergoing significant transformation due to several converging megatrends, including technological advancements, increased regulatory scrutiny, intensified competition, and shifting demographics.
In response to these shifts, ThoughtLab initiated a comprehensive research initiative named Building a Future-Ready Investment Firm.
Through this program, experts and sponsors were queried about the impact of technology, particularly artificial intelligence, on the industry's evolution and operational dynamics.
Their blog post offers insights gleaned from their responses, shedding light on the changing landscape of wealth management and the role of technology in shaping its future.