Perhaps unsurprisingly in an industry historically plagued by legacy systems, tactical fixes and workarounds, recent research by benchmarking research firm ComPeer in association with WealthBriefing found that wealth management staff were critical of their employers IT platforms.
Ian Woodhouse a director in the private banking arm of Ernst & Young says:
Traditionally wealth managers have not found [...]
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Being a business manager is quite daunting and complicated. Numerous responsibilities include advertising, human resources, and inventory tracking. With such responsibilities being laid upon the shoulders of management, tracking the company’s assets is a job which may tend to land at the bottom of a “to do” list. However, losing assets is losing money; [...]
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I was perusing BPM Strategies magazine and came across the term “applistructure”. Applistructure has to do with the convention of combining enterprise infrastructure and enterprise business applications. Service-oriented architecture (SOA) refers to a web centric / web focused approach to technology. According to the “SOA and Application Infrastructure” article by Mike Rosen, this applistructure trend [...]
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You get what you pay for is the consumer’s mantra. Common sense knows that if it costs less it is more likely of inferior quality.
Unfortunately quality is relative and subjective and even unwieldy. For that reason and common sense the value the customer puts on quality is where the quality line should [...]
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Conducting your business in a market niche may seem the perfect environment. A niche is the name given to a segment of the market which faces a high demand and a low supply. Because there are a lot of potential customers and few competitors, it is often a good place to do business. This article [...]
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There is a lot of confusion with the majority of the public today about wealth. When people think of wealth building or the accumulation of wealth, they think of making more money and spending less money.
Yes there is some truth in that. It’s certainly difficult to deny that.
But most importantly, we cannot hide from the [...]
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