Making a Case for Business Intelligence

Big data, digital transformation, and business intelligence are all phrases that have become increasingly popular over the last few years. Financial institutions have embraced this new trend and have adapted business models to integrate data analytics into daily operations.

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Helping Firms Adapt to a Changing Regulatory Environment

Regulations such as the Department of Labor (DOL) Fiduciary Rule in the US, and Client Relationship Model – Phase 2 (CRM2) in Canada require that firms put their clients’ best interests first, and increase transparency around investments, including performance and costs.

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How to Win by Positioning Advice to Four Client Personas

Finding and servicing clients is harder than ever. Investors have increasing ways to invest, places to go to for help, as well as products and services to choose from. Improved CRM2-related transparency surrounding fees and performance is providing them more information on that score too.

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Technology: Build, Buy or Rent?

The pace and scope of change in technology are accelerating. Everything from mobile adoption, processing power and broadband capacity to application design, hardware capability and data storage is evolving at an unprecedented rate.

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Planning System Decommission

Decommissioning a legacy or redundant system is the ultimate in “enterprise spring cleaning”. A long list of potential benefits of eliminating a system include: consolidating duplicative systems that deliver similar functionality, making space for new technology to focus on the future, reducing licensing and support costs, managing risk of old technology, and having less applications for users to learn.

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Advisors and Technology Can Restore Trust

Research by the CFA and Edelman shows that when selecting an investment professional, investors care most about whether they can trust him/her to act in their best interest. Achieving high returns was cited only half as often and fee amounts only one-fifth. However, for a long time, people believed that high returns were what mattered most to investors.

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