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
Click through the slides below to see the top tips
Wealth firms are handling vast amounts of confidential data every day, and technology is rapidly accelerating the movement of this data, Russell said.
“Data leaks are just as damaging as data breaches. That’s why you should treat information security as a continuous process, not just a one-time event,” he said.
Controlling implementation within all areas of your organisation, from HR security to communications to software development, will get everyone on the same page.
“When you implement a systemic strategy for information security, client confidence increases and this cannot be undervalued in today’s world,” he said.
