Digitalization in Wealth Management and Private Banking has been a long-predicted change, accelerated with the outbreak of a global pandemic. 39% of FSI firms are in the process of implementing multiple digital solutions while 8% of the firms have just started considering moving to digital ecosystem (EY).

Digital innovations such as mobile banking, Distributed Ledger Technology (DLT) Robotic Process Automation (RPA) are improving the exchange of information between customers and FSI firms. Digitalization has not only made way for transparent conversations but also a reduction in operational costs and safety of the sensitive data. In this ebook, we have talked about the situations favoring digital innovation, along with

• Current state of digitalization in Wealth Management and Private Banking
• How are FSI firms taking care of Employee Experience
• The priorities of FSI digital leaders in the coming years
• Digital enablers for the current year and beyond