Blog

Welcome back to our in-depth look at educational content in the finance sector. As more and more companies realize that educated investors are more confident with their money and invest more, many are capitalizing on providing detailed, accurate information to their would-be clients.

Knowledge is power. Though it might be a cliché we heard in a hundred movies, or read in a thousand books, it is nonetheless an ever-present truth in every aspect of our lives.

“A smart man learns from his mistakes. A wise man learns from the mistakes of others.” …or their App Store reviews.

Customers are more open to digital and remote solutions than ever before, but many incumbent financial institutions are struggling to cater to their needs. We have outlined this disparity in our previous posts, and offered in-depth solutions for wealth managers to enter the remote service world in our latest white paper. So, we decided to examine the problem from a different point of view: that of a new customer, who wants to enter the market, but doesn’t know where to start. Domestic providers in Hungary on average do a poor job of facilitating new clients, as the account opening process is obscure, hard to find and convoluted.

We – Dorsum – as an investment software provider have been working in the wealth management sector for 25 years now. Our colleagues are in contact with more than 80 financial businesses every single day. Throughout the years and during the many projects with the most prominent banks and financial providers in the field, we noticed a shift in the management of these projects: more and more, our contracting partners relied on us not just to deliver what they ordered technologically, but to participate in the projects’ business specification phase as well.

“Digitalization” has been the most frequently used buzzword in every industry for the past two decades, applied to every service, product, workflow or process, without exception. It has often led to unexpected, enormous leaps in the way society works, the way people perceive the world, and in turn, how businesses operate, changing well-established traditions and […]

It’s no secret that the digital revolution has affected all aspects of the financial sector. But the level of usability and the focus on customer-centric approach greatly differs depending on which digital channel we look at. For example, Netbanking solutions today are mostly easy to use, simple and approachable even by those who never transferred any money between bank accounts before.

The need for remote service opportunities has been on the rise for years now for clients getting used to digital communication channels and digital store-fronts, but traditional financial institutions, – despite spending billions on pilot projects – have been slow to develop user friendly digital solutions to substitute in-person client meetings, contract signatures or hour-long […]

There is no doubt that big tech companies (such as Facebook, Google, Amazon, Alibaba etc.) are progressively expanding into new markets. The tactics are different – takeover or setting up their own subsidiaries in different business lines – but the result is the same: increasing their market share, by providing more and more services. The financial sector is no exception. In this article we will briefly examine the current situation and the expected future of Big […]

A personal account of Dorsum’s third victory at the most prestigious fintech conference in Europe. Time flies fast. Another Spring, another Fall, another Christmas, another New Year, …and another FinovateEurope. It’s been exactly one year since Dorsum won the Best of Show award in London, for its My Wealth application, down by the East Side […]

A growing trend on the world’s capital markets is to bring cryptocurrencies in line with traditional finance, as there is an increased involvement in the industry from traditional market participants and growing awareness that cryptocurrencies are a part of the global financial system. The need for regulatory changes Comprehensive regulation of the crypto sector is […]

Well, it’s that time of year again… the start of it! And Dorsum is ready to conquer the wealth management fintech market with new products and maximum energy. Our first target is the most prestigious fintech conference of our region, Finovate Europe 2020. This time, the event will be held in Berlin, between the 11th […]

Environmental, Social and Governance (ESG) investing is increasingly becoming a phenomenon on the world’s capital markets. ESG is a demand-driven aspect of investing, as today’s investors, especially the younger generations (partly gen. Y, the millennials, and younger), are not only concerned with the return and risk of their investments, but also the impact they are […]

Environmental, Social and Governance (ESG) investing is increasingly becoming a phenomenon on the world’s capital markets. ESG is a demand-driven aspect of investing, as today’s investors, especially the younger generations (partly gen. Y, the millennials, and younger), are not only concerned with the return and risk of their investments, but also the impact they are […]

Environmental, Social and Governance (ESG) investing is increasingly becoming a phenomenon on the world’s capital markets. ESG is a demand-driven aspect of investing, as today’s investors, especially the younger generations (partly gen. Y, the millennials, and younger), are not only concerned with the return and risk of their investments, but also the impact they are […]

At Dorsum we believe that traditional investment and wealth management providers have a strong future in this industry, and our philosophy is to help and support them in maintaining a leading role in this technology-driven world, where challenger banks, FinTech and BigTech companies are threatening their steady positions on the market. In line with these […]

Avaloq concluded its global series of community conferences for 2019 which were held in Zurich, Singapore, London and Frankfurt. A series of events that is dedicated to the banking era and is aimed at the Avaloq community, partners, decision makers and clients from top financial institutions.  Avaloq is one of the biggest wealth management software […]

See the experts of Dorsum in person and check out our guide to the most important fintech events of the season! Holland FinTech Meetup Date: 11 October, 2019 Place: Marnixstraat 317, Amsterdam Dorsum’s topic and presenter: Dorsum wealth management ecosystem of products; Ákos Szalay The meetups bring together a broad group of actors from the […]

See the experts of Dorsum in person and check out our guide to the most important fintech events of the season! Summer is over, and the conference season is about to shift into high gear. The best way to stay up to date on the latest trends and developments in the fintech field (and the […]

The importance of digitalization and automated solutions in wealth management is self-evident for all providers – but there is still a wide gap between what clients expect and receive. While 69% of HNWIs are using online or mobile banking, only 25% of wealth management firms offer digital channels for their clients beyond email or phone. […]

Hype around the SaaS operating model has been intensifying spectacularly in the last 15 years. The then revolutionary approach, first taken on a global scale by Salesforce[1], has grown at double digit rates between 2015 and 2019[2]. The referenced whitepaper from Cisco further states that by 2020, 74% of application workloads will be SaaS-based. It […]

Have you checked on your sales quotas lately? Are you on track to meet your goals by the end of the year? If so, congratulations! If not, well… read on and see if we can help you out. By now the benefits of launching a simple chatbot pilot program are well known but let me […]

At Dorsum, future-oriented thinking has always been a key principle. With our bi-annual white papers, we are constantly working on monitoring current and potential future trends in terms of digitalization of the investment and wealth management domain and providing an overview on which way this market is headed. We believe our client should be effortlessly […]

Once again Dorsum attended the Money2020 event for a discussion about the future of the financial and wealth management industry.

+1 Who doesn’t enjoy a good game? Games are no laughing matter when it comes to money (investments and savings), in fact, they are serious business. Banks believe that games or more precisely, gamification (that is, the use of engaging gaming mechanisms to modify the behavior of individuals) will lead to improved investor loyalty and […]

Wealth Managers often strugle how to use chatbots, our blog article summarizes the most important tips on how to and why implement a chatbot.

Back in 2006, Time magazine named “You” as its Person of the Year, in recognition of the rise in user-generated content created by individuals, ultimately changing the commercial world.[1] But how are individuals treated? Did the supremacy of the individual gather momentum? By definition, personalization involves tailoring products or services to accommodate specific individuals or […]

Dorsum summarizes our way to the Finovate Europe 2019 event and how we won the Best of Show award with our My Wealth solution.

At the Finovate Europe event Dorsum will hold a demo show about its My Wealth solution and its most important feature the Easy Invest function.

The advanced technologies in investment services caused particular attention in the field of investor protection. Read the Dorsum blog and see how.

Dorsum participated at the biggest FinTech event in Europe, the Money20/20 conference in Amsterdam to officially launch our newest product, My Wealth.

GDPR means stricter procedures and more frequent communication with persons whose data they use for doing business . It all sounds like additional projects and money and effort spent but are there any benefits for those institutions affected by GDPR and can this regulation be treated as opportunity?

The constantly superb digital customer experience becomes more and more important in this fast changing environment. Wealth Managers have to pay attention to provide a digital experience in every stage of the customers’ journey.

On January 3rd MiFID II has entered into force and as one of the novelties, the explicit ex-ante disclosure of all costs & charges in connection with a transaction is from now on a must.

The blog will offer a platform for professional conversation about topics such as robo-advisory, MIFID 2 regulation, disruptive technologies, machine learning, hybrid advisory, trends relating the mass affluent segment and the latest innovations of the FinTech world.