Technology-enabled transformation

In Wealth and asset management

We help you effectively harness the power of technology to simplify, rationalize and centralize your firm’s operations, clearing the way to improve efficiency and extend product capabilities to attract new investments.

What EY can do for you

Wealth and asset management firms are undergoing a significant change in the way technology and data support the business of investment management.

Firms continue to experience cost pressures from increasing competition, low interest rates, the rise of passive investing and the weight of increased regulation. As a result, firms must focus on efficiency and scalability by simplifying their technology architecture, standardizing workflows and automating processes.

Investors, client and regulators are demanding improved transparency and reporting capabilities. In response, firms must review and consolidate their technology to evolve their investment products. They must also look to revitalize IT security practices due to growing cyber threats.

We leverage our vendor relationships, cross-service-line and global capabilities to help you through the entire transformation journey, including:

  • Strategy definition and business case development

  • Current state analysis and future state technology assessment and gap analysis

  • Strategic application platform rationalization (i.e., buy/build/retire/outsource)

  • System implementation, integration, testing and benefits realization

We can help you enhance capabilities, integrate solutions, increase flexibility and scalability, maintain consistent reporting approaches, and leverage outsourcing opportunities.

Why choose us as your technology-enabled transformation partner?

  • Our experience delivering large-scale technology transformation and implementation projects
  • Strong relationships with major vendors, including BlackRock Solutions, Charles River, FNZ, IRESS, SEI and SimCorp 
  • A dedicated wealth and asset management network that provides an industry-specific range of technology, operational, organization and change management services
  • An approach that considers the overall operating model and combines technology know-how with dedicated regulatory and tax professionals

Our latest thinking

How automation is transforming compliance in wealth and asset management

Asset managers are using emerging technologies in their compliance functions to manage costs, reduce operational risks and gain new insights.

08 Sep 2021 Mischelle Sangma + 1

How can wealth managers transform to improve the customer experience?

Technology is at the heart of modernization, but to be successful, a transformation should be business-led and technology-enabled. Learn more.

07 Sep 2021 Sourav Moitra + 2

    Explore our case study

    How a modern CRM platform can help transform a firm’s business model

    An end-to-end transformation of a wealth management company’s CRM platform is creating powerful tools to provide hyper-personalization.

    30 Jan 2023 Paul Kelly

    How standardization can build a platform for growth

    Across three continents, a leading asset manager bridged the gap by building a truly global operating model.

    01 Jul 2021 Thomas Arnold

    How transforming the front office can build a platform for growth

    EY teams helped a leading asset manager redesign its front-office operations, technology, and workflow.

    18 Jun 2021 Anil Kant

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