THE PROMISE OF OPEN WEALTH IS POWERFUL, PRESENTING A MORE POSITIVE CONSUMER EXPERIENCE, SUPPLIER CHOICE, AUTOMATED SERVICES AND MORE CONTROL OF DATA FOR BETTER FINANCIAL OUTCOMES.
Open Wealth solutions are starting to reshape the relationship between wealth managers, financial advisers and their customers, extending the principles of open banking and finance to a wider set of financial products and business operations.
As part of the trend toward open data and data portability, Open Wealth solutions will enable wider integration across financial sectors as well as broadening the range of third parties capable of enhancing financial relationships.
Open Wealth marks a turning point for collaboration in financial services, reducing friction through automation, combining real-time insights and guiding customers to personalized results.