Gartner Research

Best Practices for WM CIOs to Leverage Fintechs for Competitive Advantage

Published: 15 September 2017

ID: G00332802

Analyst(s): Chuck Thomas

Summary

With $2.4 billion invested in wealth management-focused fintechs in the past five years, WM CIOs need to be aware of the opportunities and threats. This research will help WM CIOs identify and evaluate viable fintechs, and determine an approach to leverage them for competitive advantage.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Analyze the Four Key Areas Where Fintechs Can Impact WM
    • Client Acquisition and Support
    • Relationship Manager Productivity
    • Investment Research and Management
    • Governance, Risk Management and Compliance
  • Use Gartner's Disruption Index to Evaluate Fintech Firms
  • Determine Your Competitive Response
    • Acquire a Fintech
    • Invest in a Fintech
    • Partner With a Fintech
    • Fund or Join an Incubator/Accelerator
    • Build a Digital Pure Play
  • Conclusion

Gartner Recommended Reading

©2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client