A $281 billion investment advisor shares 5 tech trends shaping the future of finance
While technology has become ingrained in our daily lives and embraced by a variety of industries, financial services still has a long way to go. Investment managers need to do a better job of being "visionaries," according to a report published by investment manager SEI Investments, which has $281 billion in assets under management and $470 billion in client assets under administration.
That requires looking beyond the markets, beyond internal processes, and to the "broader currents in our rapidly changing world."
SEI Investments identifies five areas of emerging disruption that asset managers need to pay attention to in order to survive and thrive.
According to the report, "The industry is feeling pressure from the past and the future... and if we aren't already thinking long and hard about this, we need to be."