Empowering advisers and clients through digital innovation and cloud computing
What is a key factor for financial services and wealth management businesses when it comes to running a profitable practice; to meet the rapidly changing financial industry when it comes to tech disruptors; and also to exceed client expectations?
To have reliable, suitable, robust, yet adaptable and responsive IT systems in place to support your total business needs.
IT Architecture and Strategy
Have you set your IT strategy and is it aligned to both your business goals and demands of your marketplace, providing solutions to your clients? Working closely with a skilled IT architect is essential to formulate the IT impact and technical decisions that will drive your business forward and stay ahead of the digital/tech curve.
Technology is an enabler – and what financial advisers need most is technology that helps serve clients better, more cost-effectively, and which is able to go across all segments.
Depending on your perspective, technology has either streamlined, or complicated, our lives. From an adviser’s perspective, there is no doubt that this evolution has enabled the streamlining of processes and to be more efficient, effective, and on the money for customers.
Being fully customer-centric is key to staying successful to meet their needs and expectations, which includes moving to the convenience of cloud computing and the anticipation, and ability, to access remotely at any time.
Your company’s technology workhorse – the back office system
These days, these can no longer be pigeon-holed as purely back office systems. They have morphed into full business management eco-systems with added capabilities, that includes providing a single view of client account aggregations, automated communications, enhanced privacy controls, secure messaging, and two-way document sharing, amongst others.
Advisers have to consider what needs to be configured, what the IT architecture and structure of the whole business is, and the programme of work to integrate systems. This is where a skilled IT architect and managed services provider is recommended to optimise the best options suited to your set up.
Sub-sectors in the fintech space
There are also sub-sectors in the fintech space that have to be taken into consideration in your IT architecture – such as payments, ecommerce, security, cryptocurrency, and any other fast-emerging marketplace changes and behaviours.
Cloud computing and remote desktop hosting
One login. One portal. Single view client account aggregation. All financial information in one place… that is also portable, mobile, and conveniently accessed from anywhere.
This the power of the cloud – and with cloud computing it instantly scales with you as your business scales. No matter which back office system you are using, our enhanced cloud services cover your business operation needs as well as back up and cyber security.
If you are one of the many thousands of IFA financial adviser businesses that are still using Adviser Office as your back office system, you can move your Adviser Office to our remote desktop hosting – and benefit your clients too.