5G is rolling out around the world, COVID-19 notwithstanding. It’s 10 to up to 100 times as fast as its predecessor 4G, has higher capacity, and provides lower latency. It can be thought of as fiber over the air, and the bandwidth that it offers promises to cure many ills.
The power of 5G will offer forward-thinking wealth managers the opportunity to enrich the client experience, develop new revenue opportunities, and reduce operating costs. Use cases are as varied as the places where 5G radio receivers will sit, ranging from improved mobile, video and contact center experiences, to efficiencies gained from pushing out centrally maintained software across devices and channels. Because there will be a transition period from 4G to 5G, wealth managers have a window to develop their 5G strategy on their own terms, if they act now.
For over 20 years, Celent has helped senior executives make confident decisions around their technology strategies to execute at scale.
As the financial services industry rapidly evolves, there is more complexity, with new regulations, startups, technologies, and applications to stay on top of and prioritize. Celent helps you connect this ever-changing puzzle. We offer objective advice and clarity, backed by a database of thousands of solutions and award-winning global best practice use cases. With real-life domain expertise, we also guide you through the maze of emerging tech in the pursuit of value.
Our people, data, insights, and relationships form the foundation for you to use Celent to make confident technology decisions in financial services.
