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Platform Approach to Digitalisation in Wealth Management

September 13, 2022 Jo Kwan

Financial Institutions are increasingly interested in transforming data and service silos into platforms, or even becoming platform players. However doing so takes expertise and the right tools. Privé Technologies will discuss its strategy for helping financial institutions to digitize their wealth management offerings, including: 1) Adopting a modular approach with Lego-style blocks and using APIs, microservices and AWS components to speed the development of scalable solutions; 2) Keeping costs down for clients and accelerating deployment with independent microservices which can be scaled up as needed, and rolled out in iterations; and 3) Specific use cases for customers which have built their own platform.

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