Stuck in the “Ancient Economy” – Is the Pension Fund Industry Undisruptable?
While generally the pension fund industry has moved to adopt digital technologies, few firms have meritoriously integrated such technologies into their processes. Advances such as artificial intelligence, blockchain, machine learning, data harvesting and processing, cloud computing, and robotic process automation, if properly adopted, have the potential of driving real change for the pension fund industry. Central to this entire drive would be, of course, the need for mass customization and mass distribution. This though remains pretty much a foreign concept for most in our industry.
“Programware”, a term we are helping popularize, refers to the assortment of software and digital technologies a firm has at its disposal that gives it the edge to execute and deliver on its outcome-focused missions to the right clients at the right time, effectively, and consistently. Be the clients pension fund members or otherwise, the benefits are the same. For the full article, click the link below, Stuck in the Ancient Economy – Is The Pension Fund Industry Undisruptable