{
  "docId": "019dd923-5de0-76bd-a16a-ff351915dbd5",
  "docSlug": "09213c178b2b68a1",
  "documentTitle": "Wealth and asset management 4.0",
  "authorId": "Deloitte",
  "authorName": "ThoughtLab",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 52,
  "pageCount": 68,
  "prevPage": 51,
  "nextPage": 53,
  "slideType": "data_table",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 27,
  "notes": "Data source: PQ18 survey question.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "data_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a16a-ff351915dbd5/52",
  "deckHref": "/decks/019dd923-5de0-76bd-a16a-ff351915dbd5",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a16a-ff351915dbd5.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a16a-ff351915dbd5#slide-52",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "In two years, institutional asset managers and private banks plan to move aggressively and overtake robo-advisors and retail asset managers.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-0491-71ac-9db2-00e052751d65",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Percentage of digitized onboarding elements: 50.2%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-0491-71ac-9db2-07d319e4b3e4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.03,
        "y": 0.12
      },
      "kind": "paragraph",
      "text": "Currently, robo-advisors, investment advisory groups and retail asset management firms are the furthest ahead in digital onboarding , but institutional asset management firms and private banks plan to supplant them over the next two years.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5630dcc1-6fc9-43e2-a317-405bd249faf6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.45,
        "x": 0.03,
        "y": 0.19
      },
      "kind": "paragraph",
      "text": "With a born-digital advantage, robo-advisors and online brokerages are now the furthest ahead in digital onboarding. They are most advanced in risk and compliance measures, such as conducting KYC, AML, and fraud checks. Investment advisory groups are also now out front in digital onboarding, leading the pack in funding new accounts. Likewise, retail asset management firms are ahead of most, particularly in adding managed account proposals.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "61afc8c9-1c47-46b5-a2a0-214badf71c21",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.45,
        "x": 0.51,
        "y": 0.19
      },
      "kind": "paragraph",
      "text": "But digital onboarding is a common work in progress. In two years, institutional asset managers and private banks plan to move aggressively and overtake robo-advisors and retail asset managers. Institutional asset managers already lead in key onboarding areas, such as conducting AML and UBO checks, while private banks are currently the most ahead in investor authorization. Investment advisory firms will maintain their place in the winner's circle, and family offices and wealth advisors will join the group.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bcdcdac7-8a6c-45f0-817d-1eca56a71686",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.03,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "PQ18. Which parts of the client onboarding process are currently digitized at your firm? Which do you expect to be digitized in the next two years?",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4bf6bd3c-9af8-452e-a977-80c4dba4e1cd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.94,
        "x": 0.03,
        "y": 0.42
      },
      "kind": "table",
      "text": "Table showing firm types, current digital onboarding %, 2-year projected %, and key areas of leadership.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cb80f167-0c51-43b9-8fcc-792cf970428d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.03,
        "y": 0.05
      },
      "kind": "title",
      "text": "Robos lead in digital onboarding now, but incumbents will jump ahead in two years",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9571de3f-fa5b-40c0-804f-bb4e7eb770cb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}