The five tech risks that can be an opportunity for wealth firms

Turning threats into solutions

As rapidly evolving technology, profitability pressure and customer-driven experiences continue to shape the wealth management landscape, traditional financial services firms face an array of risks that are growing more prominent, SEI Wealth Platform has warned.

As rapidly evolving technology, profitability pressure and customer-driven experiences continue to shape the wealth management landscape, traditional financial services firms face an array of risks that are growing more prominent, SEI Wealth Platform has warned.  However, SEI believes firms that view these increasing risks as an opportunity to drive change throughout their business will have much to gain as the wealth management industry evolves over the long-term.  Here, Kevin Russell, proposition director at SEI Wealth Platform, outlines the five technology risks facing wealth manag...