Understanding the role of technology providers in driving financial innovation and transforming the wealth management landscape in Switzerland and beyond.
The Middle East is experiencing substantial shifts in its investment landscape. A young demographic of affluent investors and the market opening up means investors are looking for comprehensive, self-directed investment solutions instead of more traditional investment strategies.
The wealth management sector needs to expand to retail if it hopes to maintain double-digit growth in a maturing industry.
Goal-based investing is an investment strategy that allows investors to set specific financial goals and then create an investment plan to achieve them. As consumers increasingly demand goal-oriented financial solutions, financial institutions need to look for ways to easily implement such solutions to remain competitive. Doing so successfully can also open up previously closed revenue streams.
The embedded finance market hit a global value of $54.3 billion in 2022, and indicators suggest it will likely reach $248.4 billion by 2032. The key drivers of this market’s growth are increased digitization, growing comfort with open banking solutions, and increased consumer lending.