The issue
Wealth managers support and maintain multiple critical systems, many developed in-house or acquired through mergers over many decades. Coupled with potentially high operational risk, the expense of historic infrastructure, increasingly scarce skills, duplication of compliance effort and high fixed costs make total cost of ownership a compelling business case. 

The pressure to evolve business models, channels and embrace emerging technologies means firms must invest in their IT architecture, decoupling from legacy infrastructure and moving to a wealth platform that has the agility to respond quickly, is flexible to integrate with new technologies and able to act as a differentiator from the competition. 

Our solution
Accenture’s Financial Services Technology Advisory has unique end-to-end transformational capability to help achieve legacy decoupling and build digital capabilities in a controlled approach, using IT modernisation methods we have pioneering in the marketplace. Alongside our world-renowned transformation and systems integration capability we have established alliances with the market leading core platform, cloud services and software providers such as Avaloq, Temenos, Amazon Web Services, Finastra and Salesforce.

Accenture applies industry know-how and cloud service partnerships to help our clients swiftly and safely migrate to the cloud and unlock business benefits of higher agility, speed of innovation and lower cost. Our cyber security specialists help businesses prepare, protect, detect, respond and recover along all points of the security lifecycle. Leveraging our global resources and next-generation technologies, we create integrated, practical solutions that are tailored to  each organisation.