Global Digital Wealth Management Report 2018: Building Trust and Reshaping the Value Chain with Technology

Digital wealth management should be distinguished from pure online wealth management and pure cash management, underscoring the increasingly important role of technology in wealth management, especially in the Chinese market. China’s digital wealth management market is now at a turning point for transformation, and four types of players, namely traffic-based institutions, vertical institutions, digitalized traditional institutions and integrated institutions, are vying with each other. Digital wealth management platforms cannot win without six key success factors (KSFs): value proposition, business model, client value management system, investment research and advisory capabilities, technological application capabilities and agile organization.