This recognition differentiates SEI in the healthcare space, as it illustrates the value that we provide as a fiduciary to our healthcare clients through both our solutions and superior client service.
Woldemichael added the average account balances of the biggest UK robo platforms suggested robo-advice was "a mass market game," with excessive fees the reason investors didn't flock to UBS' robo offering.
Alternatively, most banking institutions have scale, a stronger brand recognition and established trust.
“The banks have clients already. The opportunity is to shift a lot of deposit, credit card or mortgage holders to a more digitised investment service,” he said.
“The frightening thing for me as the head of an R&D unit is cash usage went up, instead of going down,” Spitz said.
To that end, the Big Four firm’s ‘Pulse of Fintech’ report found that the UK also topped Europe for FinTech investment, accounting for more than half of the total investment, which stood at $26 billion.
Rising Citizen Expectations, Rapid Technological Change, and Increasing Complexity Are Putting Major Pressure on Government—and Making the Traditional Hierarchical Public-Sector Structure Dangerously Outdated