Blog Articles
Enhance Mutual Fund Grouping Using Machine Learning
The methods used to recommend mutual funds to customers vary greatly between companies. Often the recommendation techniques used rely on using metadata of the mutual funds, such as region, category, or investment objective. By grouping using these properties investors are given an overview of funds with similar classifications and can select funds from the groups they are interested in. And while grouping mutual funds in this way may provide investors with a convenient way to explore funds that align with their preferences and investment strategy, this method of recommendation has some potential limitations and risks.
Key Trends in Wealth Management Q2 - 2023
As we tread midway to 2023 and discover what it may have in store for wealth management organizations, you can expect to see this focus area remain with most wealth managers giving their channels and CX solutions a much-needed overhaul. Consumer expectations are going to keep getting increasingly digital oriented.
Alternatives to Gamification in Wealth Management
While the benefits of gamification could help wealth management companies to democratise investment management and empower retail investors by extending access to financial markets, it may also encourage users to trade more frequently than required and take higher risks. In an earlier post, we critiqued gamification in financial context and discussed the latest regulatory approach to these engagement techniques. In this article, we will delve into more responsible alternatives wealth managers can deploy to achieve long-term customer satisfaction and brand loyalty.
How Realistic Tax Modelling and Risk Analysis Within Your Financial Planning Software Can Support Your Roadmap
As Europe grapples with inflation, financial institutions are tirelessly searching for new ways of improving their business models. Whether updating their services with digital channels, creating more financial products, or exploring untapped markets, the financial executives carry on balancing compliance and innovation in their work. If your organization is embarking on a bold expansion to new countries or updating their selection of investment products, it is critical to ensure that your financial analytics suite is attuned to your strategic roadmap. Today we sat down with Lars Larsson, partner and quantitative finance expert at Kidbrooke®, to better understand how financial organizations can leverage the granularity of modelling and a detailed approach to representation of taxes to support their complex expansion roadmaps.