The challenge of fragmented data in wealth management
Picture this: you’re preparing for a client review meeting. You need a clear, up-to-date view of their financial position, but instead, you’re juggling multiple portals, digging through emails for investment statements, and working with outdated spreadsheets. By the time you’ve compiled the data, the market has already moved, and the numbers are no longer relevant.
This is the reality for many advisers who still rely on static, fragmented client information. The consequences? Delays, inefficiencies, and compliance risks that slow down decision-making.
The evolution from open banking to open finance: what it means for advisers
Today’s wealth firms are under pressure from all sides—clients expect personalised advice, regulators demand greater transparency, and digital-first competitors are raising the bar. In this landscape, the ability to access, analyse, and act on real-time financial data isn’t just a nice-to-have, it’s becoming business-critical.
Open banking transformed how people manage their money, allowing them to securely connect their bank accounts to apps and services for better financial control. Now, that same shift is happening in wealth management through open finance, where financial data flows seamlessly across investment platforms, pension providers, and banks, giving advisers an always-updated financial picture.
For advisers, this evolution means moving away from static, fragmented client information and towards a live, consolidated view of wealth. It’s allowing firms to automate data aggregation, reduce inefficiencies, and deliver more proactive, informed advice. According to Capgemini, 73% of high-net-worth clients now expect advisers to leverage real-time data to improve portfolio management. But without the right technology, firms are left manually piecing together client data, burning valuable time in the process.
The next generation of wealth management is real-time
Instead of reacting to financial changes after they happen, advisers can provide proactive, data-driven advice that puts clients ahead of the curve. Firms that eliminate inefficiencies and give advisers access to live, consolidated client information will have the edge.
Bringing real-time wealth data to life: Quai Digital & Fuze
To help firms in this transition, Quai Digital has partnered with Fuze to offer their clients an integrated system for accessing real-time financial data. This means clients have the option to access a holistic view that combines their Quai account data with external data from banks, platforms, and pension providers.
By eliminating the need for manual updates or disconnected systems, clients gain instant access to a 360-degree financial picture—enabling faster, more informed decisions and a more seamless client experience. Get in touch to see how we can help you
About Fuze
Fuze is a wealth management technology provider, offering real-time data aggregation and financial analytics to financial advisers and wealth managers. Fuze’s API-driven platform seamlessly consolidates client data from multiple financial institutions, enabling advisers to deliver hyper-personalised advice with greater accuracy and efficiency.
Want to see real-time wealth data in action?
Download the Fuze white paper to explore how Open Finance is transforming the wealth management industry.
Interested in seeing how it works in practice? Get in touch to see a demo.
