The ‘Attitude to risk' assessment illustrates how the possibilities of data can become a fundamental component of an adviser's business model, argues Mark Loosmore
Data sits at the very core of financial services. After all, financial products are, in reality, built on data while financial advice comes from interpreting various data items provided by the client. It is perhaps no surprise then that someone like me, who has had a fascination for statistics since my early school years, has ended up working in financial services. Numerous reports and research, including a recent collaboration between the World Economic Forum and Deloitte, have highlighted data as a key driver of innovation across the many facets of the financial services industry. Yet,...
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