Q&A with: L.E.K Consulting

Amit Gujar: “Realising worth from AI remains a challenge. Around 70% of fiscal institutions inactive conflict to standard AI solutions owed to unclear concern priorities and anemic alignment with concern objectives. Focus remains connected isolated, cost-saving usage cases alternatively than enterprise-wide transformation, allowing fintech’s to support an borderline done faster deployment.

“Convergence of accepted and alternate plus management. The integration betwixt accepted and alternate investments has accelerated, driven by greater capitalist appetite, broader merchandise availability, and the emergence of semi-liquid and hybrid structures - present translating into tangible offerings crossed markets heightened uncertainty and regulatory shifts.

“A volatile macro environment, coupled with caller regulations and higher taxation for affluent clients successful the UK, has prompted shifts successful lawsuit residency and plus location. This has accrued the request for agility successful serving an progressively planetary lawsuit base.”

AG: “Incremental alteration is nary longer enough; leaders indispensable instrumentality an active, dynamic attack to strategy, continuously adapting alternatively than relying connected static semipermanent plans.

“Regulatory shifts, portion costly, tin make opportunities to fortify concern models and heighten commercialized outcomes erstwhile managed strategically.

“As mentioned above, occurrence with AI requires robust foundations successful data, talent, and governance, alongside a holistic attack that reimagines the endeavor to present existent value.”

AG: “Clients proceed to prioritise real-time, multi-channel entree to their wealth, a inclination accelerated by intergenerational wealthiness transportation and increasing next-generation engagement.

“Alternatives are progressively seen arsenic indispensable for higher risk-adjusted returns, diversification, and portfolio resilience. The absorption has shifted from consciousness to applicable implementation, with immoderate regions, specified arsenic the Middle East, besides considering integer assets arsenic a abstracted plus class.

“Next-generation clients expect accessibility, personalisation, and transparency, driving request for tech-enabled, holistic engagement models.

“Increasingly mobile clients question solutions that enactment crossed jurisdictions and request frictionless experiences successful some concern absorption and work delivery.”

AG: “Emerging markets, led by Asia and the Middle East, are contributing a increasing stock of caller planetary wealthiness and reshaping lawsuit demand.