Comment & Analysis
Coronavirus
FinTech
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Wealth and Asset Management
Wealthtech Spending to Reach US$24B Annually by 2023
With COVID-19 accelerating digital transformation, wealth managers are expected to increase tech spending to reach approximately US$24 billion annually by 2023, according to a new research by Celent, the tech advisory arm of Oliver Wyman. By the end of 2020, the wealth management industry is projected to spend US$21.4 billion…
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