Brand Story
17 May 2023, 12:59 GMT+10
FinMason President and Chief Analytics Officer Philip Taylor, CFA, spoke to Business Reporter's Rachel Hicks recently about the ever-increasing need for technology solutions in the investment and wealth management businesses. FinMason is a fast-growing investment analytics firm covering asset management, wealth, insurance and fintech verticals.
As firms and advisors look to build their business and retain existing clients in these volatile markets and clients' expectations continue to rise, the ability to offer timely insights, analysis and data is crucial, Taylor said.
During this short six-minute podcast, Taylor highlights several trends and developments in the business, including:
The limitations and expense of legacy technology, which can bog down efforts to offer timely insights and add functionality, data points or new insights to your offerings.
The affordability vs. effectiveness conundrum. Taylor notes that many systems are robust but can be very expensive and unwieldy. Other systems may be much less expensive but offer seriously limited data, insights and functionality. How can investment and wealth management pros find a middle ground?
The importance of advisors' ability to explain risk and other important market insights to maintaining clients' business in volatile or down markets.
How API-based solutions provide investment and wealth management professionals with more insights, more flexibility and more ability to enhance existing offerings and offer new ones.
To listen to the podcast, please click here https://www.business-reporter.co.uk/banking--fintech/why-the-wealth-management-industry-cant-access-better-risk-analysis. Business Reporter is an award-winning business news content site.
About FinMason
FinMason was founded by experienced industry insiders and leading technologists. They have managed institutional portfolios, built and managed performance, risk, and analytics systems for large institutions, and built and sold large technology companies. We solve the two largest hurdles - wrangling market data and calculating analytics at scale. Via our cloud-native API we provide our lightning-fast, customizable, calculation engine, to accelerate any wealth technology build out. For more information about FinMason, visit www.finmason.com or email info@finmason.com
Get a daily dose of Boston Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Boston Star.
More InformationNEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...
MENLO PARK, California: Facebook parent Meta has said that under a trial that could last through the end of June, ...
WASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...
NEW YORK, New York - U.S. stocks started the week under pressure on Monday. "Markets are catching their breath after ...
NEW YORK CITY, New York: A JPMorgan Chase & Co spokesperson has confirmed that as part of the bank's efforts ...
SPENCER, Massachusetts: Spencer, Massachusetts Fire Chief Robert Parsons has said that a June 2 fire that burned down a 160-year-old ...
NEW YORK CITY, New York: A JPMorgan Chase & Co spokesperson has confirmed that as part of the bank's efforts ...
WASHINGTON D.C.: The Federal Communications Commission (FCC) has said that more than 8.3 million US homes and businesses do not ...
WASHINGTON D.C.: A Transportation Security Administration (TSA) report released this week revealed that over the Memorial Day weekend, the start ...
Washington [US], June 6 (ANI): According to a new experimental study led by UCL researchers, the addition of 'trust' and ...
Cleveland Guardians outfielder Will Brennan boasts an unremarkable track record, but the 25-year-old Colorado native may hold the key to ...