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flag 25% global investors may switch wealth managers due to outdated tech, according to Avaloq survey.

flag A recent Avaloq survey indicates that 25% of global investors may switch wealth managers if they don't modernize technology. flag The study, involving over 3,000 investors and 300 wealth managers, highlights that 44% find their systems outdated, with 31% deeming them unsuitable. flag Only 63% of wealth managers use advisory tools in client meetings, limiting their ability to meet client expectations and build trust, particularly in the UK, where half do not utilize such technology.

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