How Technology Is Driving the Future of Wealth Management

Many firms reactively addressed technology ecosystem gaps in response to COVID-19, but it is no longer enough to simply close gaps. Firms must continue to build on the momentum that the pandemic forced upon us, think holistically about their ecosystem, and make the changes needed to increase scale, stability, and resiliency.

How well does your firm use technology to empower and drive your business forward?

Find out now

How Technology Is Driving the Future of Wealth Management

Many firms reactively addressed technology ecosystem gaps in response to COVID-19, but it is no longer enough to simply close gaps. Firms must continue to build on the momentum that the pandemic forced upon us, think holistically about their ecosystem, and make the changes needed to increase scale, stability, and resiliency.

How well does your firm use technology to empower and drive your business forward?

Find out now

The Digital Empowerment Framework

Fidelity introduced its Digital Empowerment framework to help wealth management firms take a structured approach to how they infuse technology into their processes and experiences. Digital Empowerment is not a one-and-done task; it is instead an ongoing, iterative process across three domains:

StrategyDesignActivationDigitalEmpowerment

Strategy

Develop and understand the goals and principles that guide the firm forward.

Design

Define the firm's technology ecosystem, workflows, and user experiences.

Activation

Implement and support new technology to drive adoption and optimal usage.

How well does your firm use technology to empower and drive your business forward?

The pursuit of digital empowerment isn't simply about picking the latest tool or just filling an immediate technology need; it is an ongoing journey that requires a defined strategy, an integrated technology ecosystem, and an effective activation of the design. So how digitally empowered is your firm? Find out now.

Find out now

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