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Company Insights
NewMorgan Stanley – Digital Transformation Strategies
Morgan Stanley Digital Transformation Strategies Overview Morgan Stanley is utilizing AI and machine learning to improve its wealth and asset management operations and other operational processes. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of Morgan Stanley was estimated at $4.6 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. Morgan Stanley is utilizing AI...
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Company Insights
NewUBS Group – Digital Transformation Strategies
UBS Group Digital Transformation Strategies Overview UBS uses emerging technologies as a part of its digital transformation strategies. The annual ICT spending of UBS was estimated at $1.1 billion in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. UBS Group (UBS) is a provider of wealth management, banking, asset management, and investment banking solutions. The UBS Personal & Corporate Banking product portfolio consists of financing and investing as...
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Company Insights
Bank of America – Digital Transformation Strategies
Bank of America Digital Transformation Strategies Overview Bank of America Corporation (BofA) has been leveraging artificial intelligence, blockchain, digital payment technologies, and robotic process automation to digitally transform both its front and back-office operations. The annual ICT spending of BofA was estimated at $5.8 billion for 2023. A major share of this spending is earmarked for acquiring software, network and communications, and hardware from vendors. Bank of America offers a wide range of financial products and services to retail customers,...
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Company Insights
UBS Global Wealth Management – Competitor Profile
UBS Global Competitor Profile Overview Headquartered in Switzerland, UBS is a global wealth management organization that has a presence in over 50 countries. It is the leading global wealth management firm serving the HNW sector. It is the world’s largest wealth manager, as measured by assets under management (AUM). The UBS Global competitor profile report comprehensively analyzes UBS Global's private banking operations. It offers insights into the company’s strategy and financial performance, including key data on AUM. Customer targeting and...
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Company Insights
Ping An Insurance – Digital Transformation Strategies
Ping An Insurance has been focusing on using artificial intelligence, cloud, blockchain and big data to digitally transform its operations. The annual ICT spending of Ping An Insurance was estimated at $8.8 billion for 2021. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. Ping An Insurance is an integrated financial conglomerate providing insurance, banking, and investment products and services to individuals and corporate clients. The group offers a range of life...
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Company Insights
Super League In-Depth Analysis: Bank of America Wealth Management 2018
Bank of America operates through four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The wealth management units Merrill Lynch and U.S. Trust sit within the GWIM division. Its corporate headquarters is located in Charlotte, North Carolina. This profile is a comprehensive analysis of Bank of America’s wealth management operations. It offers insight into the company’s strategy and financial performance, including key data on AUM. Customer targeting and service proposition are also covered,...