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Financial advice, Corcos of Fideuram: "The three challenges for 2023: human, technological and social"

Here are some statements from the CEO of Fideuram ISPB, during the round table "Sustainability and digital in Wealth Management", held during the Accenture Banking Conference 2022

Financial advice, Corcos of Fideuram: "The three challenges for 2023: human, technological and social"

La bank of the future it is increasingly digital but also “empathy”. “The digital evolution also affects our world, that of financial advice. I think the DIY season, with all the damage it has caused, is fortunately over,” he said Thomas Corcos, Chief Executive Officer of Fideuram - Intesa Sanpaolo Private Bankingg duringAccenture Banking Conference 2022, the annual appointment dedicated to the Top Management of Italian banks. “Today there is an overall management of assets and the request of our customers is absolutely more articulated, just think of the private markets, the world of alternatives and digital assets. There is therefore a much more important consultancy request for which we must continue to equip ourselves with new skills and new systems”, added the CEO.

Precisely with regard to the increasingly evolved request for consultancy, Corcos recalled how “we recently launched the first digital wealth management. It is proof that you completely cover some segments of the market with your companies, while in others you are accompanied by various shareholders and investors, thus seizing new opportunities for growth and sharing which are always very functional. The thing that always strikes me is that a company like Fideuram – Intesa Sanpaolo Private Banking, despite being sizeable, has a great ability to position itself on the market in many areas”.

Financial advice: the challenges of 2023 

With regard to challenges of 2023 the CEO of Fideuram – Intesa Sanpaolo Private Banking commented: “The challenges for the new year are human, technological and social. The first challenge is towards the people who build our community; we must continue to work to maintain a human-intensive organization. The second concerns the continuity of the digitization process; we recently launched the digital wealth management in Italy it is called Fideuram Direct. And finally, the contribution we can make to society, just think of the important role of our shareholder, Intesa Sanpaolo, in this area. I remember the project fondly Digital Restart which Fideuram – Intesa Sanpaolo Private Banking has launched in collaboration with Talent Garden: a Masters in Data Analysis designed for Lombard professionals aged between 40 and 50 who want to get back into the working world after losing their job due to the Covid pandemic -19. The idea is to continue this project also in other regions of our country”.

Corcos on sustainability: "Our industry also has an ethical task"

On the subject of sustainability corks he recalled how: “in this area, the asset management and wealth management must be the guide for change. We are investors but also allocators of resources because we provide important investments that support this transformation. We also have a dialogue role with our customers, through thefinancial education. The our industry has a task too ethical in continuing to provide the right indications in this area”.

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