SEARCH
Flexibility is essential for business success: Bravura
Flexibility is essential for business success: Bravura
The financial services industry is evolving rapidly under the influence of new technology, reinforcing the need for businesses to remain flexible and nimble, Bravura Solutions has said.
Speaking in Sydney yesterday, Bravura Solutions Asia-Pacific managing director Roland Slee said businesses need to partner with software providers to keep pace with change, both innovative and regulatory.
"No industry is immune from being profoundly disrupted by the effect of new technology, and the technologies that are driving those changes are cloud, mobility and big data," he said.
"As an expression of that, what we're seeing is more of the highly competitive and innovative organisations are disaggregating what were traditionally vertically integrated businesses."
According to Mr Slee, businesses are rejecting traditional business models and opting for disaggregated and best-of-breed approaches.
Moreover, Mr Slee pointed out that the expectations of customers have changed, most notably due to the influence of mobility and direct-to-consumer approaches.
"All of these things have meant that wealth managers have had to become much more responsive."
Mr Slee argued that to become successful in today's environment, businesses need to "simplify, consolidate, automate and focus on the customer".
"These things are a recipe for success," he said.
Subscribe to our Newsletter
We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians
Your email address will be shared with nestegg and subject to our Privacy Policy
latest articles
OUR PLATFORMS AND BRANDS
- Accountants Daily
- Accounting Times
- Adviser Innovation
- Australian Aviation
- Broker Daily
- Cyber Daily
- Defence Connect
- Fintech Business
- HR Leader
- Independent Financial Adviser
- Investment Centre
- Investor Daily
- Lawyers Weekly
- Money Management
- Nestegg
- Property Buzz
- Real Estate Business
- Smart Property Investment
- SMSF Adviser
- Space Connect
- Super Review
- The Adviser
- Wellness Daily
- World of Aviation
EVENTS AND SUMMITS
- Accountants Daily 30 Under 30 Awards
- ACE25
- Adviser Innovation Summit
- Australian Accounting Awards
- Australian Aviation Awards
- Australian Broking Awards
- Australian Defence Industry Awards
- Australian Law Awards
- Australian Space Awards
- Australian Space Summit
- Better Business Summit & Awards
- Broker Daily Business Awards
- Corporate Counsel Summit & Awards
- Cyber Security Summit & Awards
- Defence Connect Budget Lunch
- Defence Connect DSR Summit
- Fund Manager of the Year Awards
- ifa Excellence Awards
- ifa Future Forum
- Investor Daily ESG Summit
- Lawyers Weekly 30 Under 30 Awards
- Lawyers Weekly Women in Law Forum
- New Broker Academy
- Partner of the Year Awards
- REB Awards
- Reinnovate
- SME Broker Bootcamp
- SMSF Adviser Technical Day
- Super Fund of the Year Awards
- Women in Finance Awards
- Women in Law Awards
- Accountants Daily Podcast Network
- Australian Aviation Podcast Network
- Broker Daily Podcast Network
- Defence Connect Podcast Network
- HR Leader Podcast Network
- REB Podcast Network
- Relative Return
- Space Connect Podcast
- The Adviser Podcast Network
- The ifa Show
- The Lawyers Weekly Show
- The Smart Property Investment Show
PODCASTS
LEARNING AND EDUCATION
MOMENTUM MARKETS NETWORK
LINKS
STAY CONNECTED
Subscribe to the Adviser Innovation eNewsletter.
