Digital Wealth Management and Security
The Industry Challenge
Digitalization is set to streamline information flow between relationship managers and clients. As digital services and mobility become key requirements for wealth management and private banking, financial institutions are struggling to transform the previously personal customer relationship into a digital one. High-net-worth individuals (HNWI) demand active involvement in the investment process and better transparency. Hence, the relationship manager has to be empowered along all the stages of the advisory process including digital collaboration, portfolio management with digital and mobile supported advisory processes and robo-advisors.
Lean and flexible digital transformation is a business scenario implementation and is guided by a strong digitalization vision starting from your current position.
Our Digital Wealth Management and Security Solution offers a clear vision of the cross-channel future by prioritizing digitalization fields and creating a digitalization roadmap. The approach to align the digitalization fields is based on cross-channel business scenarios. Customers and internal stakeholders can validate feasibility-checked and concrete digitalization solutions for their respective action fields. Digitalization field-specific solutions that are integrated into the banks’ systems will be IT-ready for live deployment.
Our approach is based on agile for faster and tangible results. In the first phase, we leverage agile requirement management and solution-oriented business analysis for conceptualization, effort estimation, realization, processes, and data modelling. In the second phase, Infosys Consulting applies agile project management, rapid prototyping and customization. In the final phase, we deliver agile test management, fine tuning and train-the-trainer programs.