The latest insights from Nucoro
WealthBriefing talked to Lennart Asshoff, CEO at Nucoro, after recent award win about what has made the wealthtech firm stand out this year.
Embedded wealth functionality is set to provide traditional wealth management with its most significant disruption in decades. Here's why the time to respond is now.
As the tectonic plates of consumer expectation continue to shift and as demographic flux sees wealth transferred to younger, more tech-savvy generations, traditional, face-to-face wealth manager/investor relationships are under threat.
WealthTech 2022 is focused on the here and now of technology in the wealth management space and features a collection of 11 industry viewpoints, including Nucoro's, focused on the role and focus of technology in wealth management in the year ahead.
How are ESG issues impacting the wealth management sector today? While some investment fads come and go, the trends driving the need for sustainable business practices are here for the long haul.
BNPL is causing divisions in the payments market, with fears that as well as increasing debt it impacts wider money management behaviour. For digital wealth managers, keeping potential investors within their ecosystem and educating them on BNPL and the benefits of investment is key.
Turbulent events have propelled ESG to the forefront of investing funds, as they outperform their traditional peers in terms of valuation, prompting investors to rebrand their existing funds. Will ESG factors continue to be an option or be incorporated into every investment process?
In line with this year’s International Women’s Day mission to #BreakTheBias we chatted to some of the great employees driving change at Nucoro.
Hugo André Ferreira, Head of Business Development at Nucoro, explains how hybrid wealth management provides a more fluid customer experience.
The pandemic has introduced a plethora of digital wealth management opportunities in the HWNI segment. With COVID-19 hastening the speed of digital transformation, HNWIs have not been slow to adapt and have redefined their wealth management expectations.
Salvador Vidal and Hugo Ferreira will discuss the challenges that Edmond de Rothschild faced when embarking on its digital investment journey and delve into how its partnership with Nucoro is paving the way for them to thrive in the digital age with a hybrid advisory proposition.
Featuring 19 thought-provoking articles and interviews on a range of technology-related topics around the Swiss wealth management sector, 20 featured solution provider profiles and 464 technology and related solution providers in the main directory.
The newcoming of a digital investment management and banking industry is upon us. Risen by the global pandemic and led mostly by millennials, the accelerating rate of digital transformation is compelling banks such as JP Morgan, Lloyds and Barclays to partner with FinTechs to deliver a hybrid approach to investment management.
For the major part of most of our lives, the answer to the question “how does a bank make money” seemed to be an obvious no brainer - earning interest from loans. However, to anyone who has recently been paying attention to central bank activity and monetary policy across the world, this answer poses a somewhat puzzling picture. How can banks make money in times like these?
Most people have heard of digital investment platforms, but don't truly understand what one could do for their organisation, or how to get started.
Challenger banks have made serious waves in the industry over the past few years. They have brought forward an offering that is genuinely disruptive, because of the way they are run. Digital challenger banks operate more like tech companies than banks, from their processes to their tech stacks, they have more in common with consumer-tech companies than traditional, branch-focused banks. They have been designed for scale, efficiency, agility and as a result enjoy a much lower cost of operating.
Unfettered by legacy infrastructure and able to leverage their agile, tech-centric cultures, challenger banks create flawless digital customer experiences.
Nikolai Hack, Head of Strategy and Partnerships at Nucoro, outlines the current state of saving and investing for financial services.
Nucoro's journey has been a result of proactive and innovative thinking that supports the banking industry by building better technology that reduces wasteful operating costs, whilst allowing banks to tap into highly profitable clientele.
Banks have a unique window of opportunity to form lifelong relationships with their customers by providing money management solutions. Find out more.
Banking innovation has been a major industry trend in recent years, but as with any key trend steering investment in the future, it’s hit a potential roadblock.
The rise of tech-savvy digital retail investors opens up a huge opportunity for the financial services industry.
Lennart Asshoff, CEO of Nucoro explains what it’s like to run an investment and savings platform during the coronavirus epidemic, and how businesses can stay resilient at this time.
A panel of financial and investment experts discuss what the shift in consumer demand towards digital investing means for the industry.
One of the most important emerging capabilities a bank should have is agility. In fact, 68% of banking CEOs believe that without agility, they would be facing bankruptcy. What should banks be doing to explore this further?
In recent years consumer preferences have been changing toward digitally-led propositions when it comes to financial products and their financial situation. We've identified four customer sub-segments based on their motivations that banks should think about. Nikolai Hack, Head of Strategy, explains.
Banks have realised that they don’t have all of the skills and capabilities to remain competitive in today’s digital-first environment, so they’ve been expanding their banking innovation capabilities through their fintech partners. But not all partnerships are created equal and leading banks are starting to realise the additional benefits offered by technology platforms.
The race to remain relevant within the financial services sector has ramped up in the last few years, and innovation within banks is pushing past simply digitised forms of current services.
The percentage of banks’ IT spend going into new technology has grown consistently year on year since 2013, with the figures for this year estimated to be 29% for Europe and 40% for the US respectively.
Find out why the leading insurance broker, Swiss Risk & Care, chose the Nucoro Platform to deliver digital investment solutions to its customers.
Customer expectations are shifting in the banking. The webinar 'Prioritising innovation for new customer needs' examined what innovation really means in the current climate and how banks should respond.
Should banks still be looking to improve their digital customer experience during tougher times? This is not only still an essential part of any innovation roadmap, but also there are some of the new imperatives resulting from the current crisis that are adding new and pressing requirements.
Innovation is hard, but there's no need to see it as a huge upheaval. Check out these five small but strategic tips to help with banking innovation.
Using the Nucoro Platform Swiss Risk & Care launched Opsion, a leading digital wealth management experience for their brokers and their customers.
Every bank serious about taking on a digital innovation project should first take a step back and answer some important questions.
Research from Nucoro reveals that of those people who used bank branches before the first COVID-19 lockdown, 24% plan to use them less when restrictions are lifted. In contrast to this, 9% believe they will use them more and 53% say their use of branches will not change.
Digitalisation is becoming widely accepted as a necessity for all businesses that want to have a long-term future. However, the true meaning of it is often misunderstood.
Unfavourable macro environmental factors, increased competition from challengers and technology legacies are all weighing heavily on incumbents.
There's no need to wrestle with legacy technology to deliver innovative propositions. The Nucoro Platform automates the entire client lifecycle and is easy to deploy on its own or integrate with existing systems.
Banks have a huge advantage over digital-first banks: their wealth of customer data. To make the most of the opportunity and avoid losing further ground to the challengers, banks should look to fintech partners for digital banking platforms that they can quickly build from.
Customer engagement is talked about a lot in banking. And with good reason. Engaged customers are the ones most likely to respond to offers, provide useful feedback, participate in positive conversations on social media and act as a resource for other customers, answering questions, making recommendations and providing referrals.
A digital investment platform with a cloud-native, microservices architecture offers agility, scalability, and seamless integration with existing systems.
Banks are some of the most data rich organisations on the planet, but the value of that data is rarely realised as much of it sits in silos.
A lot of banks are behind where they’d want to be on their digital transformation; we take a look at the best approaches to making transformation a success.
With tighter margins, low interest rates and fee scrutiny widening the gap between banks' customers and their profitability, now is the time to re-engage and attract a new generation of tech-savvy digital retail investors.
Traditional banking organisations hold a lot of advantages, they have bigger, more trusted brands, longer relationships with more customers and more data to power decisions. So, with so many cards in hand, why are they so worried about challengers?
The investment landscape is evolving and major players are responding. Take a look into why micro and macro factors are driving new demands for retail investing, and how Nucoro and Exo Investing are democratising personalised investing at speed and scale.
What are digital-first banking businesses doing that incumbents aren’t? Nikolai Hack, Head of Strategy and Partnerships dissects.
Banks don’t have to build their innovation capabilities internally. Once a bank has defined distinct goals, they can set about sourcing quality partners.
A digital investment platform with an open architecture enables banks to connect to their ecosystem via APIs and forge fintech partnerships.
Discussions around financial wellbeing have accelerated as a result of COVID-19, leaving banks in search for the right way to support their customers.
As financial institutions strive to keep up with the ongoing march of FinTech, a ‘trust gap’ still remains within finance – and incumbents may be able to use it to their advantage.
Finance can often be perceived as complicated and boring, with 94% of people worrying about money. However, Fintech is changing this at a rapid clip.
Digital transformation isn’t exactly new news as companies have been pursuing digital transformation strategies for some time. Cyber security and IT operational challenges, cost pressures, risk aversion and the skills gap are all driving the digital transformation agenda.
We spoke to Nucoro COO Nikolai Hack about how to be there for your investment clients while dealing with challenges internally too.
Banks are becoming increasingly conscious that personalisation is a significant competitive differentiator that is key to winning and retaining customers.
Retail banks have largely unexplored sub-segments within their existing client base. These client personas differ significantly when it comes to their understanding of financial products and their financial situation.
Banks are fully cognisant of the fact that in order to remain relevant and competitive, they need to be on a flight path to a completely customer-centric operation. The key to achieving this is a comprehensive and effective programme of banking innovation, focused heavily on optimising and digitising banking operations.
Thinking small but strategic is the way to stay ahead without exposing the business to too much risk.
The banking world has been moving towards enabling customers to access their services any time and via any channel for a while now. With the COVID-19 pandemic accelerating changes even further. What does the bank of the future look like now?
Our CTO, Antonio Melé, discusses how best to set up a technology platform that can work well in the face of external pressures, such as the global pandemic we are faced with today.
Digital transformation projects are notoriously hard but by pinpointing the common pitfalls, banks can prepare in the best way possible.
Now more than ever, it is important that tech companies and their clients in the financial services sector are providing reliable products. Customers expect a seamless service even in times of high demand, so it’s important the technology products on offer are robust and fit for purpose.
Digital transformation is increasingly becoming a must-have not just a nice-to-have. With most teams having to work from home, how are you supposed to keep pace with the increased drive for successful transformation?
It’s a trend that’s been gathering pace for a while and seems to be approaching a tipping point. In this article we’ll look at why you need a digital wealth management platform, how to get one and what to do with it to deliver most value into your organisation.
Alice is a Sales Development Representative working in the sales and marketing function in our London office.
Nikolai Hack, Head of Strategy and Partnerships at Nucoro sits down with Simon Kingston, EMEA Channel Director at Jumio.
Incumbent banks have just a short window of opportunity to fight back against fintech challengers, says Nikolai Hack, head of strategy at Nucoro, before they find themselves in real trouble.
We sat down with our CTO, Antonio to discuss his background in coding, why he loves start-ups and why the “where” should always come before the “how” when building technology.
This whitepaper discusses some of the arguments supporting greater digitisation of the building society industry, and discusses the potential picture of the building society of the future.
Rather than force customers to fit into an industry’s narrow definition of their needs, digitally-capable insurers have the opportunity to provide completely new ways of utilising client information, to improve the delivery of their services.
This three-part report explores how banks can unlock new revenue streams and fight off challengers to win in the digital world.
This report explores the major trends affecting those on the rocky journey to finding their place in the financial landscape of the future: the rise of automation, changes in customer behaviour, and the business models of the future.
This report investigates the idea of digitalisation and explores major trends affecting the journey to finding your place in the financial landscape of the future.
The impact of technology on finance takes many forms, some immediate, some likely to develop over time.
This whitepaper explores the ways technology is enhancing how banks can re-engage clients, diversify their offerings and improve their internal systems.