Business introduction
Delivering industry-leading solutions to help wealth managers prepare for the future of investing
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations
Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders.
With approximately 425,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
Accenture Solutions
Advisory Effectiveness
However, growing regulatory pressures and inefficient manual processes mean administrative burdens too frequently take up their working day. How can advisors spend more time with clients and less time on administration? The benefits are clear – dramatically improved productivity, increased assets under management, additional product and service take-up, and ultimately......
business needs
view solutionClient Experience
Issue Client demands are changing driven by experiences outside of wealth management. Multi-channel 24/7 access to information, the ability to transact autonomously, and to take more control over their investment decisions, are all driving clients to demand elegant digital solutions. Accenture research shows that 41% of advisors say that clients are requesting......
business needs
view solutionProposition
Issue The change in client demands and service expectations has put pressure on Private Banks and Wealth Managers to deliver more for less. Clients demand more personalised advice about investment products and a wider range of services that are tailored to them, and can be delivered through multiple channels. Firms have a......
business needs
view solutionRegulatory Change
Issue Wealth management businesses are facing increased regulation and security pressures. There is also greater focus on transparency, investor protection and cross-border standards. In addition, they are also facing pressures from higher client expectations, competitive pricing and breadth of service offerings from new market entrants. Wealth managers will be pushed to find a......
business needs
view solutionTechnology & Core Platform Modernisation
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......
business needs
view solutionWealth Operational Efficiency
Issue Alongside aging core systems, operations functions are often constrained in delivering world-class services by inefficient processes and the challenges of scaling operational teams with increased business demand in critical areas such as KYC and onboarding. Existing operations are often in high-cost locations, co-located with the front office for convenience. Our solution Our wealth......
