Objectway, the leading supplier of digital solutions in the global wealth management industry, has called for wealth managers around the world to grasp the mettle and enter a period of digital renaissance at its third international customer conference in Rome.
Objectway has been a major contributor to the increased rate of digital innovation throughout wealth management services worldwide and believes its adoption to date has enabled firms to move from ‘infant’ to ‘growth’ phases faster than everyone expected. However, the company anticipates that this process will only accelerate and the clear future wealth winners will be those that continually introduce new solutions to their practices.
Luigi Marciano, Founder and CEO of Objectway, said:
“Are we now in another new era of what everyone calls digital disruption or actually one of digital renaissance?
“The renaissance of the 14th Century put ‘humans to the core’ and changed forever our way of seeing the world. Now the mass drive and thirst for rapid knowledge, new experiences and interaction between humans and technology provides a tremendous opportunity of a ‘digital renaissance’ to really put ‘digital to the core’.
“Too many business people and companies look at breakout trends as threats when they should be viewed as innovation challenges. It’s true, as in the fourteenth century, these cannot be fixed easily and soon but that’s exactly why they’re good targets for innovation.
“Digital innovation is at the core of our successful wealth platforms today. The digital solutions being adopted by the major players throughout the world are driving universal enhancements in customer relationships, experiences, awareness, involvement and security.
“It has enabled the challenges of increased regulation to be incorporated more easily into business models as well as the important payback of capital expenditure forerunning increased profitability.
“However we must continually seek to learn, invent and drive more newer and better solutions. If we want our companies to continuously be industry leaders, we must have the bravery and the energy to cross the gate and enter the digital renaissance”.