VR and its cousin, augmented reality, are just two of the latest gaming technologies seeping into wealth management.
The agreement with CaixaBank Asset Management follows an agreement signed with its sister company, VidaCaixa, in late 2016.
Startup financial-technology companies, commonly referred to as “fintech” providers, typically offer clients financial-service products that are more cost effective and easier to access than traditional bank offerings.
The firms benefit, among others, from the sheer automation and flexibility of the platform to manage the full advisory process, its low operating cost and fast client acquisition while delivering “independent” advice with transparency.
Utilising cloud, banks gain a proven, secure and continuously supported infrastructure to manage their banking operations end-to-end, at any time, with 24/7 access, hassle-free.
Morningstar Direct for Wealth Management addresses the challenges wealth management professionals face including organizational alignment, disparate technology solutions, and changes in the regulatory environment.