It is increasingly important for leaders in financial services firms to be well versed in technology so they can make informed decisions about buying vs. building technology solutions, choosing the right partners and, most significantly, realizing a positive outcome or return in a timely manner. With this in mind, I have assembled some key insights to help guide you to make better technology decisions for your company.
The successful financial advisor of the future will be a whole new breed of professional – a team player that is integrally connected to their clients’ financial lives, leverages technology to work flexibly and has systems and processes in place to ensure their clients’ interests are always paramount.
With innovations in financial technology comes a new set of lingo and terminology to describe new ways of doing old things. Because it can get confusing out there, we’ve compiled a list of key terms and definitions directed to business leaders, as technology talk in financial services is no longer something that can be relegated only to the IT department.