This wealth management business was looking for support investing in its existing advisor, client, and prospect platforms and tools. The trading business was emphasized historically, but as focus increased on providing financial advisory and planning services as a core business strategy, platform enhancements were needed to support more holistic wealth management with prospects and clients. Accenture helped develop a clear vision, strategy and actionable plan to meet these objectives.
Developing a clear and effective platform transformation strategy based on research results, industry trends and competitor comparison is expected to develop the firm's competitiveness through increased revenue and productivity, as well as improving user satisfaction. As a result of the engagement, this leading wealth management business, with the help of Accenture, has secured funding and is in the process of executing against the strategic plan and roadmap established in this effort.