Wealth Managers stand at the digital epicenter of a tectonic fault, which is threatening to disrupt the banking landscape as we have known it for centuries. The transforming forces at play are impressive: the once dominant "offering side" (platforms, banks, fund managers) is pushed by regulators towards a "constrained offering" norm, while the "demand side" (private clients and independent advisors) is surging to take a more conscious and proactive role thanks to digital means and social media. The book goes deeper below the disrupted surface of this phenomenon of banking transformation and provides clear insights about what happens in its cavities, where digitalization is teaming up with demographical changes and social media connectivity forcing established economic interests to collide with social transformations.
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Publication Year
2016
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"Paolo Sironi is thought leader of Wealth Management at IBM Risk Analytics, where he is responsible for promoting quantitative methods, goals-based investing and digital solutions for financial advisory. Combining risk analytics and technology, Paolo's expertise spans wealth and asset management, investment banking, cognitive computing and banking digitalization. Before joining IBM, Paolo funded FinTech Capitects in 2008, a provider of goal based investing analytics for private portfolios (joint venture between Sal. Oppenheim Private Bank and Algorithmics), which became a part of IBM following the Algorithmics acquisition in 2012. "
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