Chris Bendtsen

1 month ago | celent.com | Chris Bendtsen |Ashley Longabaugh

IT spending in wealth management is expected to continue its growth from 2022 to 2025, with acceleration noted in most regions. There is a noticeable shift towards prioritizing investments that enhance operational efficiency over those aimed at innovation and growth. The primary factors driving investment remain largely consistent, as wealth managers navigate compliance and regulatory requirements while seeking to modernize their applications and infrastructure.

1 month ago | celent.com | Chris Bendtsen |Ashley Longabaugh

The wealth management industry is at a pivotal moment, characterized by a significant intergenerational wealth transfer and a retiring population. As firms navigate this transformative period, those that effectively leverage advanced technologies and data analytics will be better equipped to understand and address the unique needs and preferences of their clients.

Nov 6, 2024 | celent.com | Chris Bendtsen |Ashley Longabaugh

From Tech Stagnation to Innovation: Integrating NextGen Tech and the Human Touch to Create the Holistic Wealth Management PartnerCelent highlights the transformative shift in the wealth management ecosystem, moving from relative tech stagnation to a future characterized by accelerated integration and innovation, where the blend of NextGen technology, open ecosystems, and the “human touch” will redefine the role of wealth management industry players.

Nov 5, 2024 | celent.com | Chris Bendtsen |Ashley Longabaugh

How will the combination of NextGen technology, open ecosystems, and the essential “human touch” redefine the roles of wealth management professionals? How can wealth managers thoughtfully adopt tools like AI, machine learning, and data analytics to not only streamline processes but also create more personalized client experiences?

Sep 17, 2024 | celent.com | Chris Bendtsen |Alenka Grealish |Neil Katkov |Keith Raymond

Field Guide to GenAI Hyperscalers: Risk & Compliance Edition 17 September 2024Celent examines the Generative AI solutions and capabilities of AWS, Google, IBM, and Microsoft. Abstract In response to the voice of its clients, Celent is writing a series of reports on the tech vendors supporting the GenAI initiatives at financial institutions. This is our inaugural report focused on hyperscalers (AWS, Google, IBM, and Microsoft).