End-to-End, Third-Party Operating Models Deployed by Wealth and Asset Managers Are Transforming the Industry
New Report by BCG and FNZ Explores How a New Breed of End-to-End, Third-Party Operating Models Can Alleviate Pressures Along Value Chains, Achieve Meaningful Impact, and Create Competitive AdvantageLeveraging Third-Party Operating Models Can Create New and Innovative Business Models, Generate New Revenue Streams, and Deliver Significant Operating Cost Savings of Up to 30%BOSTON—After a long period of consistent profitability, the wealth and asset management sector is facing rising costs, shrinking margins, and intensifying consumer demands. Firms are looking for ways to accelerate their digital transformations, bring more of what their clients want to the table, and bolster assets under management—all in the most cost-efficient way. According to a new report by Boston Consulting Group (BCG) and global end-to-end wealth platform provider, FNZ, a new breed of end-to-end third-party operating models deployed by wealth and asset managers could deliver significant cost savings, create new and innovative business models, and generate new revenue streams.
