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Why artificial intelligence won’t replace advisers anytime soon

Why artificial intelligence won’t replace advisers anytime soon

19 July 2019

Simon Clare The robots are coming and they are after our jobs, so we’ve been told. Huge advances in artificial intelligence mean machines are now capable of doing many of the tasks once carried out by humans. That’s good news for employers, who will benefit from greater efficiencies, but it could potentially mean bad news for less... MORE

IT frees wealth managers to focus on clients

IT frees wealth managers to focus on clients

19 July 2019

Jason Tong Times are changing in wealth management. The industry is being sandwiched between the revelations of the banking royal commission and investors crying out for better, faster, more personalised service. And technology will drive the transformation, according to Paul Dunn, Bravura’s Client Relations and Sales Director for APAC. ‘‘I think the market is looking for something... MORE

Artificial Intelligence and Machine Learning in Financial Services – Where might it go next?

Artificial Intelligence and Machine Learning in Financial Services – Where might it go next?

1 July 2019

Simon Clare We often hear that the opportunities for financial services companies from artificial intelligence (AI) and machine learning (ML) are boundless. It will reduce cost, improve the product and drive customer engagement. But few practical examples are offered. Over the last year Bravura has been exploring new ways of developing and analysing the latest in technology... MORE

Moving to the cloud? Everything your business needs to know to get started

Moving to the cloud? Everything your business needs to know to get started

21 May 2019

Wade Weirman By 2020, it’s predicted more than 90% of businesses will be using multiple cloud services and platforms, with Australia’s cloud services market alone expected to reach $2.8 billion by 2022.[1] At Bravura, around 70% of our financial services clients are utilising some level of cloud services – from hosting development/test environments, to full production outsourcing... MORE

Four lessons the UK’s pension industry can learn from Australia and New Zealand

Four lessons the UK’s pension industry can learn from Australia and New Zealand

11 April 2019

Natanje Holt Auto-enrolment has transformed the UK’s savings culture in the seven years since it was introduced. By adopting ‘nudging’ principles, the Government hoped auto-enrolment would prevent large swathes of society from facing poverty in retirement. While we have taken big strides towards achieving this, there are several hurdles to clear to ensure everyone in society can... MORE

Is it time for an auto-enrolment for protection?

Is it time for an auto-enrolment for protection?

3 April 2019

Freddie Findlater Auto-enrolment has, arguably, done more to foster a savings culture in the UK than any Government policy has before. With 10 million extra people[1] in the UK now saving into a pension, is it now time to turn our attention to another major issue – closing the country’s protection gap? Astonishingly, nearly two-thirds of us... MORE

5 emerging technologies that will redefine financial services in the next 10 years

5 emerging technologies that will redefine financial services in the next 10 years

28 February 2019

Ron Mullins Technology’s rapid rate of change means that financial services organisations have ever-increasing tools to help them enhance their product and service offerings than ever before. To leverage these new technologies, businesses must start with fostering a culture of innovation within their business. PwC Chief Creative Officer Russel Howcroft in his recent address to the National... MORE

Can Open Banking ease the AML burden?

Can Open Banking ease the AML burden?

20 November 2018

Freddie Findlater “Anti-money laundering is a big thing for any institution. We (at Ascentric) have payments in and out, we have tens of thousands of clients and money going both ways all the time” Sean Hawkins, Strategic Partnerships Manager at Ascentric, noted the above and the overall importance of anti-money laundering (AML) requirements at our recent Open... MORE

Power to the people: Can investors use Open Banking to take control of their finances?

Power to the people: Can investors use Open Banking to take control of their finances?

13 November 2018

Freddie Findlater Today most investors see their financial picture in fragments, with little connection between their short-term savings and longer-term vehicles such as a pension. For many, a financial adviser can play an important role in bringing this together and helping people see a fuller picture of their wealth. However, professional advice is still not necessarily accessible... MORE

Opportunities from Open Banking: Can sharing data allow companies to nudge investors to save more?

Opportunities from Open Banking: Can sharing data allow companies to nudge investors to save more?

16 October 2018

Freddie Findlater As an industry we are fully aware that engaging people with savings, whether that be long or short-term, has always been a struggle. We have been battling for many years to get consumers to understand the need for savings and, while we still have a long way to go, the industry is taking steps in... MORE