PIMFA WealthTech, the market network and technology platform created to bring together the FinTech and Wealth and Investment Management sectors, and NayaOne, a leading financial technology company invite FinTechs to participate in a new Tech Sprint to meet a challenge focused on industry-wide client analytics and profiling.
In brief:
-The Tech Sprint will examine how financial advisers and wealth and investment managers can both obtain and use this data to identify and secure potential clients. It will also focus on how Large Language Models can be best used to provide client support during the pre-onboarding process.
-The Tech Sprint will be overseen by a Client Analytics & Profiling Advisory Group, chaired by Prachi Kodlikeri, Technology Director at the investment management company Ruffer.
-With technological advancements, Artificial Intelligence (AI) and similar tech-based solutions are reshaping the wealth and investment management industry by enabling enhanced data analysis, automated decision-making and improved client experiences.
What does this mean?
Prachi Kodlikeri, Chair of the Client Analytics & Profiling Advisory Group, at PIMFA WealthTech, commented: “Investment managers are unlikely to be able to serve modern clients effectively without a digitised operating model. This will support advisory and non-advisory activities and service ever-changing investment preferences."
