{"componentChunkName":"component---src-templates-client-result-js","path":"/client-result/wealth-management-digitaltransformation","result":{"data":{"prismic":{"allClient_results":{"edges":[{"node":{"seo_page_title":null,"seo_page_description":[{"type":"paragraph","text":"Wealth Management Operations and Digital Sales Process Optimization","spans":[]}],"seo_h1":null,"feature_image":{"dimensions":{"width":1277,"height":552},"alt":null,"copyright":null,"url":"https://images.prismic.io/crgwebsite/0b5c5b78-da3e-4829-aed3-1bf1caabbec1_WMStrat.png?auto=compress,format"},"main_content":[{"type":"heading3","text":"CRG Delivers A Strategic Analysis And Target Operating Model To Innovate A Wealth Management Firm’s Product Offering, Digital Sales Channel And Client Onboarding","spans":[]},{"type":"paragraph","text":"","spans":[]},{"type":"heading2","text":"The Challenge","spans":[{"start":0,"end":13,"type":"strong"}]},{"type":"paragraph","text":"","spans":[]},{"type":"paragraph","text":"A leading wealth management firm was experiencing declining sales. As a result, the organization embarked on a multi-year strategic initiative to evaluate three strategic options for the business:","spans":[]},{"type":"o-list-item","text":"Exit the business","spans":[]},{"type":"o-list-item","text":"Maintain the business","spans":[]},{"type":"o-list-item","text":"Innovate and build the business through new products and digitization of their sales channel and client onboarding","spans":[]},{"type":"paragraph","text":" CRG was engaged to establish a data-driven business case and recommendation on the most viable strategic option in order to inform and influence C-Suite decision making and obtain Board level approval","spans":[]},{"type":"paragraph","text":" ","spans":[]},{"type":"heading2","text":"The Outcome","spans":[{"start":0,"end":11,"type":"strong"}]},{"type":"paragraph","text":"","spans":[]},{"type":"paragraph","text":"Leveraging expertise in strategic data modelling, financial analysis, target operating model design and executive facilitation, CRG led the following:","spans":[]},{"type":"list-item","text":"Evaluated current data, identified data gaps, and built a strategic data / financial model to evaluate options (i.e., exit, maintain or innovate/build)","spans":[]},{"type":"list-item","text":"Developed a data driven recommendation to build the business by branching into new digital offerings and sales channels","spans":[]},{"type":"list-item","text":"Conducted feasibility studies and designed the operating model for a new digital sales channel including strategies for mitigating cannibalization of existing sales channels","spans":[]},{"type":"list-item","text":"Analyzed the impact to new client onboarding and developed recommendations for optimization","spans":[]},{"type":"list-item","text":"Conducted workshops to align the executive team and board on the recommended build strategy and corresponding initiatives","spans":[]},{"type":"list-item","text":"Developed a communication strategy including reports and storyboards to bring the Board onside","spans":[]},{"type":"list-item","text":"Knowledge transferred the strategic data and financial model to the client to support subsequent strategic analysis and decision making processes","spans":[]},{"type":"list-item","text":"Provided a data-driven recommendation and strategy to help position the organization for future growth and transformation","spans":[]}],"short_description":[{"type":"heading2","text":"CRG Delivers A Strategic Analysis And Target Operating Model To Innovate A Wealth Management Firm’s Product Offering, Digital Sales Channel And Client Onboarding","spans":[]}],"title":[{"type":"heading1","text":"CRG Innovates A Wealth Management Firm’s Product Offering, Digital Sales Channel And Client Onboarding","spans":[]}],"_meta":{"uid":"wealth-management-digitaltransformation","lastPublicationDate":"2022-03-31T13:45:24+0000"}}}]}}},"pageContext":{"rootQuery":"\n  query ClientResultsQuery($uid: String) {\n    prismic {\n      allClient_results(uid: $uid, sortBy: meta_lastPublicationDate_ASC) {\n        edges {\n          node {\n            seo_page_title\n            seo_page_description\n            seo_h1\n            feature_image\n            main_content\n            short_description\n            title\n            _meta {\n              uid\n              lastPublicationDate\n            }\n          }\n        }\n      }\n    }\n  }\n","id":"XlWggBAAACYA5qrV","lang":"en-us","uid":"wealth-management-digitaltransformation","type":"client_result","alternateLanguages":[],"cursor":"YXJyYXljb25uZWN0aW9uOjE0","paginationPreviousMeta":{"id":"Xd29eBEAACMAYaBs","lang":"en-us","uid":"digital-bank-launch","type":"client_result","alternateLanguages":[]},"paginationPreviousUid":"digital-bank-launch","paginationPreviousLang":"en-us","paginationNextMeta":{"id":"YkWxUhIAACwApaE2","lang":"en-us","uid":"capital-markets-reporting","type":"client_result","alternateLanguages":[]},"paginationNextUid":"capital-markets-reporting","paginationNextLang":"en-us","lastQueryChunkEndCursor":""}},"staticQueryHashes":["2447216075","2898711901","3159585216","3178498103","815104889"]}