The Oasis Group Releases AI WealthTech Map as Resource for Wealth Management Firms
17 Julio 2024 - 6:06AM
Business Wire
Artificial intelligence map identifies and
categorizes 55 AI-focused firms serving the wealth management
industry
The Oasis Group, a leading consultancy for the wealth management
industry, today released their AI WealthTech Map, a resource that
financial advisors and wealth management firms can use to discover
leading artificial intelligence solutions and AI-focused firms
serving the wealth management industry.
“In the fast-evolving landscape of wealth management, artificial
intelligence is poised to be the next game-changer,” said John
O’Connell, founder and CEO of The Oasis Group. “It promises not
just incremental improvements but a profound transformation of how
wealth management firms operate, attract clients, and deliver
services.”
The Oasis Group identified 55 leading technology firms that
specifically serve the financial services industry for inclusion in
the map. The firms are not existing wealthtech solutions that are
developing AI capabilities – these firms are AI first and were
built to support the wealth management industry. The map follows
the sales cycle of a wealth manager by starting with prospecting,
followed by writing assistants, note takers, proposal generation,
AI assistants, investment research, next best action, and
compliance solutions – categorizing each of the solutions and
providing all the tools that a financial advisor would need to
convert a prospect into a client as efficiently as possible.
“Wealth management firms can unlock new levels of efficiency,
personalization, and client engagement by adopting AI,” added
O’Connell. “We strongly recommend that firms begin to leverage AI
to gain familiarity with its capabilities and concerns, to learn
new skills like prompt engineering, and to clearly identify how
they plan to leverage AI in projects. Leveraging AI now enables
firms to discuss their compliance posture and to develop their AI
policies. The future of wealth management is here, and it's powered
by artificial intelligence.”
To access the AI WealthTech Map from The Oasis Group’s Vantage
Point, please click here.
THE OASIS GROUP NAMED A FINALIST IN THE 2024 WEALTH
MANAGEMENT INDUSTRY AWARDS
Additionally, The Oasis Group was named a finalist in the 2024
WealthManagement.com Industry Awards – an annual competition and
industry-leading awards program often referred to as ‘The
Wealthies’.
The Oasis Group was named a finalist in the Technology
Disruptors category thanks to their Cybersecurity Assessment
Services, where CEO John O'Connell works closely with firms to
understand the technology they use to run their firms and provides
recommendations for improving their tech stack and cybersecurity
efforts. The Oasis Group’s enhanced cybersecurity assessment
services include a 56-point checklist, where the team delivers a
comprehensive cybersecurity assessment that evaluates where the
firm stands today and what can be done to improve its cybersecurity
posture in the future.
For the tenth year this September, WealthManagement.com will
honor the best companies, individuals, and organizations that
support financial advisor success at its annual Industry Awards.
This year's winners, chosen by an independent panel of industry
judges, will be announced on September 5th at a black-tie gala at
the Ziegfeld Ballroom in New York City.
To see the full list of finalists and to learn more about the
2024 WealthManagement.com Industry Awards, please click here. To
learn more about the 2024 Industry Awards gala and activities,
please click here.
ABOUT THE OASIS GROUP
The Oasis Group is a leading consultancy in the wealth
management industry, helping wealth management and financial
technology firms create and focus on their unique value proposition
to attract advisors and clients, and ultimately generate higher
revenue. The Oasis Group offers award-winning consulting services,
industry-leading research, and compelling on-demand training for
wealth management firms and the service providers who serve the
wealth management industry. With extensive leadership experience in
both emerging businesses and mature, established organizations,
founder John O’Connell and his team are passionate about helping
financial services and technology firms solve their most complex
technology and sales challenges, helping clients stay focused on
their growth, generate more revenue through great sales processes,
build fantastic products by understanding the market and
competition, and provide amazing service to their customers and
clients. To learn more about The Oasis Group, visit
www.TheOasisGrp.com.
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Jonny Swift Impact Communications, Inc. 913-649-5009
JonnySwift@ImpactCommunications.org