Tag: Kidbrooke

What will the rise of super apps mean for wealth management?

The global super app market was valued at $58.6bn in 2022 and is projected to grow at a 28.9% CAGR to reach a $722.4bn valuation by 2030. Having originated in Asia, super apps are now becoming popular around the world. A report from PYMNTS and PayPal surveyed consumers in the US, UK, Germany and Australia, found that 72% of consumers expressed interest in super apps – UK consumers were the most interested with 74% indicating interest.

AI and ESG trends transforming wealth management in 2023

Economic uncertainties have seen Western economies grapple with challenges such as high-interest rates, amidst geopolitical issues like the war in Ukraine. This ripple effect has significantly impacted the wealth management sector.

The digital revolution in meeting consumer duty standards

Post-deadline, the financial industry is grappling with the new standards set by the UK's latest regulatory mandate. The objective of this update is to bring more transparency and accountability to wealth management and insurance enterprises, fostering a more profound commitment to the consumer.

How is technology democratising wealth management?

In a recent post by Kidbrooke, the company outlined how wealth management can be democratised by utilising financial analytics. 

Gamification in wealth management: A double-edged sword?

While it has its risks, gamification can be a valuable tool to help wealth managers improve customer engagement and loyalty. 

A deep dive into Kidbrooke’s OutRank solution

Quantitative finance researcher Kidbrooke has launched a new innovative financial simulation engine known as OutRank API. 

Revolutionising mutual fund categorisation with machine learning

Investment companies employ a variety of techniques to recommend mutual funds to their customers.

The biggest WealthTech trends from H1 2023

While it might only feel like a couple of weeks have passed since we toasted in 2023, we’re already at the midway point of...

How wealth managers can revolutionise decision-making with technology

Decision-making is arguably one of the most important parts of a wealth manager’s workload. As advancements in technology continue to accelerate, these managers have the chance to drastically improve their output.

Beyond gamification: How wealth managers can improve customer experience with analytics

The evolving landscape of the digital era offers significant opportunities for financial institutions, particularly in the wealth management sector. Using gamified elements to draw consumer attention and cultivate loyalty has become a common practice.

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