Digital Enabled CIO Wealth Manager and Management. ✓ How are financial intuitions leveraging digital to provide organizational support for quality research?
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In a fast-changing market and global uncertainty, only the most innovative, bold, and flexible wealth managers stand a chance in delivering real value to their customers. How are financial institutions leveraging digital to provide proper organizational support for quality research with agile decision-making, enabling reliable portfolio and risk management that is much needed for keeping customer confidence?
Contributors
- Ram Nagappan, Chief Information Officer, BNY Mellon | Pershing
Ramaswamy (Ram) Nagappan is the Chief Information Officer for BNY Mellon | Pershing. With more than 30 years of information technology experience, Ram oversees the firm’s technology product management and digital experience delivery for wealth management solutions. As a member of Pershing’s Executive Committee and BNY Mellon’s Technology Executive Council, he is closely involved in setting the firm’s strategic direction.
A spokesperson on technology trends and issues, Ram has been featured in a number of technology and financial publications and on Bloomberg Radio. He is a regular keynote speaker and panelist at industry events and conferences. Ram has been instrumental in developing many award-winning solutions. Most recently, Ram was recognized by ComputerWorld as a Premier 100 IT Leader and by the New Jersey Technology Council as “CIO of the Year.” Prior to assuming his current role, Ram served as managing director and chief technology officer at DLJ direct and CSFB direct, pioneers in online internet brokerage. He also played a significant role in establishing iNautix Technologies India Private Limited at Chennai, India, a technology affiliate of BNY Mellon that provides an array of technology development service. In these roles, Ram’s work was focused on business areas including clearance, settlement and trading order management, as well as market making.
Before joining Pershing, he was a technology consultant to Guardian Life Insurance, Bakst International and Data Software Research Corp. Ram is a member of the Financial Industry Regulatory Authority (FINRA) Operations & Technology Advisory Committee and has served on technology advisory committees for various national securities exchanges. A graduate of Anna University Chennai (India), Ram earned a Bachelor of Engineering degree in Electronics and Communication. He has also completed the Securities Industry Institute® (SII) program, sponsored by the Securities Industry and Financial Markets Association (SIFMA) at the Wharton School of the University of Pennsylvania.
- Rob Zelinka, Chief Information Officer, Jack Henry & Associates
Rob Zelinka is the Chief Information Officer for Jack Henry & Associates. Mr. Zelinka is a member of Jack Henry and Associates’ senior leadership team and is responsible for technology strategy, operations, processes, and leading a team of technology professionals at one of Forbes best places to work. He is responsible for overseeing all aspects of cloud operations, maintaining internal systems, data management strategy, and analytics across the reach of the company and for supporting the growth of Jack Henry and Associates’ business by partnering with the company's business units on technology and analytics-related revenue generating programs.
During his 30 years in the Information Technology arena, Mr. Zelinka has served in a variety of leadership positions responsible for the delivery of information technology services to support business needs across the corporate enterprise. In his prior role as Director, Enterprise Infrastructure and Operations for TechnipFMC, a multi-billion-dollar company serving the energy sector, Mr. Zelinka led a global transformation of the IT operation which included the rationalization of human capital, technology, and applications supporting the creation of a globalized technology function.
Previously, he was the former Head of Information Technology and Security for PROS, a data analytics software company located in Houston, TX. He managed the delivery of global technology refresh initiatives, digital transformation, and day-to-day operations for the company’s technology and external facing cloud operations teams. Rob is a member of the Society for Information Management (SIM) and holds several industry recognized certifications and accreditations.
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Wealth management is known to be the one who is an all-rounder in terms of a financial advisor, tax planner, investment advisor, and has many other qualities as well.
Complex questions are not readily faced by the client.
Along with being a financial advisor, a wealth manager correctly serves as a planner in investments and retirement.
Their primary objective is to make a portfolio of the client by building more wealth ideas in their accounts.
The expertise of wealth managers is essential for growing companies because they will help determine future funding and recommend what steps should be taken.
Along with investments and planning, wealth managers help clients minimize their tax payments by adjusting the overall expenditure in such a way.
The importance of fixed asset management and control(Wealth Manager)It does not matter what industry you do or what your company or business is, in all cases, fixed assets are essential.In order to have good control and administration of fixed assets, it is necessary to have a team and specialized tools for this great responsibility, this person or group must have perfectly clear answers to the questions: what is the asset?
The accounting department has a leading role, but it is the work of a group of heads from different areas to keep this information up to date.As we saw in the article: What is an industrial appraisal and how does Hilco Acetec maximize your profits?
They are all those tangible and intangible assets and durable rights in which it was invested with the aim of exploiting them.
A durable right is all that or those goods that last more than one production cycle.Fixed assets allow us to know the past of the company, manage the present much better and project the future.The physical inventory and the labeling of the goods, is the beginning of the process of control and administration of fixed assets and gives us a real base of the existing assets of the company giving us the data of quantity, characteristics, who is responsible for use and where it is.
Subsequently, the accounting reconciliation allows us to know in what state it is.
The next step is the development of control software, where we can update in a timely and easy way all the data corresponding to the control and administration of fixed assets, where we can create catalogs, reports, and tools to have better control such as audits.If a company did not have absolute control of fixed assets, it could be as catastrophic as measles disease in a child without a vaccine, there could be the absence of the maintenance of a production machine that would stop the plant, therefore the working day-to-day running of the company, causing even millionaire losses or worse, the company could end up closing.This is not to mention the real value for sale, information for shareholders, and partners.By having this control we not only have a better administration, but also the knowledge of where and who uses the goods.
