John O’Connell Published in Advisor Perspectives by VettaFi: Business Process Management: Why Wealth Management Firms Must Embrace It Now

While 72% of wealth management firms express confidence about their digital transformation progress, only 30% qualify as leaders in implementing essential digital capabilities. This gap reveals a critical truth: Confidence without a proper foundation is dangerous. The firms that survive and thrive will be those that recognize the concepts of Business Process Management (BPM) and Business Process Model and Notation (BPMN) as strategic infrastructure, not optional enhancements.

The question isn’t whether your firm needs process modernization (hint: it does). Rather, it’s whether you’ll lead the transformation or be forced to follow. Find out more below in John O’Connell’s bylined article published in Advisor Perspectives by VettaFi, where he defines BPM, digs into BPMN, highlights integration benefits, provides a foundation for digital process automation, shares how to prepare for the AI-enabled future, discusses how to effectively adopt BPM, and more.