Five tech risks wealth managers can turn into opportunity
By Tom Carnegie, 23 Aug 18
Wealth managers need to look at ways of embracing technology rather than viewing it as a threat
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Risk four: The (un)sustainable investment
![Risk four: The (un)sustainable investment]()
Keeping pace with the evolving technology industry requires a lot of money and management focus, Russell said.
“Often overlooked, these costs can build up over time, are sometimes not easily visible, and may not be aggregated in a single report.
“Consolidating onto a unified platform creates a cohesive environment that brings cost benefits, and it creates transparency and simplicity in understanding cost drivers,” he said.
