Brand Story
17 May 2023, 12:59 GMT+10
FinMason President and Chief Analytics Officer Philip Taylor, CFA, spoke to Business Reporter's Rachel Hicks recently about the ever-increasing need for technology solutions in the investment and wealth management businesses. FinMason is a fast-growing investment analytics firm covering asset management, wealth, insurance and fintech verticals.
As firms and advisors look to build their business and retain existing clients in these volatile markets and clients' expectations continue to rise, the ability to offer timely insights, analysis and data is crucial, Taylor said.
During this short six-minute podcast, Taylor highlights several trends and developments in the business, including:
The limitations and expense of legacy technology, which can bog down efforts to offer timely insights and add functionality, data points or new insights to your offerings.
The affordability vs. effectiveness conundrum. Taylor notes that many systems are robust but can be very expensive and unwieldy. Other systems may be much less expensive but offer seriously limited data, insights and functionality. How can investment and wealth management pros find a middle ground?
The importance of advisors' ability to explain risk and other important market insights to maintaining clients' business in volatile or down markets.
How API-based solutions provide investment and wealth management professionals with more insights, more flexibility and more ability to enhance existing offerings and offer new ones.
To listen to the podcast, please click here https://www.business-reporter.co.uk/banking--fintech/why-the-wealth-management-industry-cant-access-better-risk-analysis. Business Reporter is an award-winning business news content site.
About FinMason
FinMason was founded by experienced industry insiders and leading technologists. They have managed institutional portfolios, built and managed performance, risk, and analytics systems for large institutions, and built and sold large technology companies. We solve the two largest hurdles - wrangling market data and calculating analytics at scale. Via our cloud-native API we provide our lightning-fast, customizable, calculation engine, to accelerate any wealth technology build out. For more information about FinMason, visit www.finmason.com or email info@finmason.com
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationNEW YORK, New York - There was a major bust on Wall Street on Tuesday as investors continued to fret ...
DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...
TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...
WASHINGTON D.C.: After consumer complaints of oil pump failures, the National Highway Traffic Safety Administration's (NHTSA) Office of Defects Investigation ...
NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...
WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...
MADISON, Wisconsin: Last week, five flamingos were seen along a Lake Michigan beach in Wisconsin, attracting a large crowd of ...
COLUMBUS, Ohio: This week, Textron Aviation and NetJets signed an agreement allowing the latter to buy up to 1,500 additional ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
DAYTON, Ohio: Under an agreement announced this week, Joby Aviation will produce state-of-the-art electric vertical takeoff and landing (eVTOL) aircraft ...
(Photo credit: Kamil Krzaczynski-USA TODAY Sports) Christian Walker went 3-for-5 with two home runs and six RBIs and Ketel Marte ...
(Photo credit: David Richard-USA TODAY Sports) Elly De La Cruz went deep twice for his first career multi-homer performance on ...