Wealth management is at a turning point. The pace of technological change has continued to accelerate, leading to a very different landscape for wealth managers and private banks in UK. One of the main drivers of this change is AI: an overwhelming majority of survey respondents indicated back-office functions being the most popular choice to start exploring the implementation of AI.
The survey paints a picture of an industry in transition: embracing AI, scaling through hybrid systems, and investing heavily in digital transformation. Yet, challenges around integration and cybersecurity remain pressing concerns. For UK wealth managers, 2026 will be a defining year for balancing technological ambition with operational resilience.
Stay ahead of the curve: explore how leading UK wealth managers are navigating the digital transformation journey — from AI integration to secure scalability.