Outsourcing digital capabilities is good for business today more than ever, Simon Clarke, chief commercial officer at Tiller Technologies told thewealthnet.

Mr Clarke highlighted that recent years have seen several high profile financial institutions sell, scale back, or even abandon their wealth management operations against a backdrop of consolidation among the sector’s traditional boutique players. Many firms are struggling against a wave of digitisation in the wealth management arena - once called “one of the least tech-literate financial services sectors” by PWC - driven by the rise of robo-advice service...