BetaNXT Survey Reveals Growing Investment Amid Data Modernization Challenges in Wealth Management

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2025-05-07 11:27:02

BetaNXT’s inaugural Data Modernization Benchmarking Survey highlights escalating investments in data infrastructure by wealth management firms, juxtaposed with persistent challenges in legacy system overhauls and AI integration. The study, conducted with Wealth Management IQ, captures a sector grappling with ’data chaos’ while pursuing strategic partnerships and talent acquisition to drive transformation.

Industry leaders are demonstrating measurable ROI by focusing on foundational data governance frameworks rather than chasing speculative technologies. This pragmatic approach resonates across firms managing $50M-$50B in assets, where 73% of respondents prioritize clean, accessible data over flashy AI applications.

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