The Convergence Requirement: Creating New Challenges and Opportunities for Industry Participants
As the lines between bank and brokerage blur, the industry is now in motion to make the necessary shifts to accommodate a new, converging world. It also makes sense that the industry must do a better job of serving investors, who are struggling to make sense of what they own, they owe and what they must now do differently to achieve their financial goals. As Fiserv strives to design solutions to help our clients and their customers, we believe the ultimate answer to deliver on what the industry is looking for is the Unified Managed Household (UMH) – which requires convergence of technology to more effectively meet the needs of industry participants.
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