FINANCIAL SERVICES
To capitalise on these trends , they need to develop expertise in these alternative asset classes and build the necessary infrastructure to manage them effectively . This may involve hiring specialised talent , investing in new technologies and forming strategic partnerships .
According to a study by Deloitte , 86 % of investment management firms are increasing their investment in AI and data analytics . The successful asset managers of the future will be those who can effectively blend human expertise with technological innovation , providing tailored solutions that meet the diverse needs of an increasingly sophisticated investor base .
Matt concludes : “ Democratisation by regulators and asset managers is a big part of solving for retail access and contributing towards the sector ’ s growth , and at Sidekick we ’ re looking to close the gap by offering a great digital channel to access these products , which are generally only offered by private banks or traditional wealth managers .” fintechmagazine . com 103