The PIMFA WealthTech platform, in association with Morningstar, brings Fintechs, Financial Advisers and Wealth Management firms together to help solve many of the current issues these firms face when looking to adopt technology, namely, where to start and where to invest their money.  

The platform has been developed in response to several drivers of digital transformation, including the impact of the Covid-19 pandemic on advice models, shifting demographics and market and legislative changes. All of these are reshaping business and operating models and accelerating the need for firms to use tech-based solutions and new digital architecture to enhance the products and services they offer. 

PIMFA WealthTech will act as a primary source for market intelligence and insights on the latest technologies and trends impacting the industry, providing fast-track market research, expert forums and Tech Sprints.  Through structured Tech Sprints it will examine industry pressure points to deliver tech-based solutions.

The platform will focus on key issues impacting the sector from:

• how tech is being applied across the industry
• customer acquisition and onboarding
• product structuring and development
• investment management and execution, portfolio management, account administration and after sales client reporting and servicing

This new initiative will also address the role of technology in supporting industry trends such as the growth in ESG investments and the emergence of Open Wealth.