Data strategy

Greater transparency, high value, low cost and instant access: the financial technology has the power to provide it all.

Facial recognition software is more efficient and accurate than any questionnaire, says the IBD's chief executive, Robert Moore.

Using digital tools to gather financials earned planners an average $2,000 in additional revenues per client, according to a survey.

It’s important for all advice firms to have an information security strategy in place that safeguards company and client data wherever it resides.

Why advisers need to pay close attention to technology vendor contracts.

Silicon Valley-based Addepar says it is in talks with other wirehouses for use of its software, too.

Use these strategies to combine a personal and high-tech approach to avoid falling behind the times.

New regulatory demands force platform providers to either build additional capabilities or acquire successful companies, analysts say.

When advisers blend behavioral finance approaches with data insights, it makes them even more valuable.

Kavout and qplum claim their technology and founding teams set them apart from competition in the space.

Banks are creating tech to do chores previously performed by people in operations, wealth management, algorithmic trading and risk management.

A scientist's lament: Too often there’s a disconnect between what a firm needs and what analytic tools actually deliver.

The SEC found that auditing or testing would likely have revealed deficiencies in controls that allowed an employee access to client information at the wirehouse, says leading compliance expert Alan Foxman.

Advisers, get ready to track — and secure — client information streaming in from physical properties and a vast array of accounts.