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A New Take on Data: From Information Capture to Advisor-Driven Efficiency

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16 March 2018

From Data Swamp to Data Smart

Key research questions

  • What do enterprise consumers of data want?
  • What has changed in terms of data management?
  • Where has the data lake fallen short?

Abstract

The question today is not so much how data can be sourced, but how it can be managed to generate insights, inform organizational strategy, and recommend action to the advisor. By demystifying data treatment and the application of advanced technologies to information capture, this report offers a roadmap for rationalizing operational costs and jumpstarting advisor efficiency.

Data management has emerged as a critical area of decision-making for wealth managers. How can data be treated in a way that supports the generation of insights, informs organizational strategy, and recommends action to the advisor?