Capturing Profitability in the Wealth Management Market. While the Global population of High Net Worth Individuals (HNWIs) grew to 8.7 million in 2005 due largely to emerging markets and Asia-Pacific, the World’s Wealth increased 8.5% to $33.3 trillion according to the 10th anniversary edition of the Merrill Lynch - Capgemini World Wealth Report.
As a result, competition among wealth advisory firms is fierce for finding ways to improve existing client relationships, provide new tools to increase advisor effectiveness, maximize technology investments and control the costs of client-advisor interactions without jeopardizing relationships.
We have successfully partnered with leading firms in the wealth management industry including brokerage, banking, insurance and diversified financial institutions. We develop the right solutions with the best strategic partners like Microsoft, IBM, Oracle, Siebel and specialty partners such as Thomson Financial, Finaplex, and x.eye. To improve the quality of our solutions, accelerate time-to-market and reduce risk we draw on unparalleled resources including our Accelerated Delivery Centers (ADCs) and Accelerated Solutions Environments (ASEs) and comprehensive Outsourcing options.
We collaborate with our clients to:
Capture Growth in the Wealth Management Market
We help clients to accelerate their strategies for growth in the wealth management market by optimizing customer/market-facing initiatives and advisor/distribution-channel facing initiatives. With strategic services including competitive benchmarking , market sizing, customer segmentation and service analysis, and distribution channel transformation our clients can take advantage of the experience that we have with many different models of distribution (captive, independent/franchise, team-based models) and with affluent customer segments (mass affluent, high net worth, ultra high net worth)
Download our brochure on wealth management services.
Creating Best-of-Breed Advisor Workstations
Taking action to deliver superior customer experiences in a cost-effective manner, Leading wealth management firms are improving their advisor’s efficiency by building integrated, end-to-end wealth management platforms that include leading products, productivity tools, prescribed business processes and technology for their advisor forces. Download our brochure on wealth advisory workstation.
Managing Complexities of Sophisticated High Net Worth Customers
We help clients address the demand of affluent clients at all wealth levels to have increased levels of transparency and control over their financial affairs and minimize their exposure to investment scandals and downside risk by encouraging collaboration. Developing a robust, scalable way to enable advisors and their institutions to truly develop collaborative relationships with affluent clients involves significant leverage of the online channel. Capgemini helps firms to develop an approach to wealth management online that does not replace advisors, but rather extends the advisor experience to the internet. Download our brochure on wealth online services.
Creating Virtual Service Networks
Bringing the family office downstream, affordably is a new way for Wealth Management firms to service the diverse and complex needs of the newly identified segment of “mid tier millionaires (MTMs)”. Download our brochure on virtual service networks.