In the press Archives

Industrial Thought introduces Raw Knowledge, FSL’s data-driven sister company

Financial services group Industrial Thought Ltd has announced the launch of its subsidiary Raw Knowledge, a specialist data provider and consultant delivering a comprehensive Excess Reportable Income (ERI) solution. Backed by its proprietary database, Raw Knowledge offers the most in-depth, accurate ERI data available, tackling one of the most challenging issues affecting investors – reporting on offshore investments. […]

Industrial Thought appoints Mike Baker as Group Managing Director

Industrial Thought Ltd has announced the appointment of Mike Baker as its Group Managing Director. Industrial Thought is the parent company of a group of businesses specialising in investment taxation, financial data, and related consultancy services, which include Financial Software Ltd (FSL), creators of CGiX, the UK’s market-leading capital gains calculator. With around 30 years […]

The Digital Evolution & Wealth Management Innovation: Employee Wellbeing & Client Satisfaction

Like many others, the investment industry is dealing with significant changes driven by digital, social, and economic factors. The pandemic accelerated some of these influences, while others have gradually evolved. One trend shaping our future is online customer interaction. In a business traditionally built on face-to-face contact, Covid proved that it was certainly possible for […]

Advancing Wealth Management With A Digital Ecosystem

People increasingly ask whether traditional advisory firms and private banks will continue to exist in the wealth and asset management industry. My educated guess is yes. But to survive, they must offer a very different kind of service, focused on demonstrating their value to investors. Much of what wealth managers provide has become commoditised, meaning […]

Wealth Whispers: Industrial Thought Limited Fast-tracking The Future Of Wealth Management Innovation

Fast-tracking the future of wealth management innovation is a complex undertaking that Industrial Thought Limited has committed to… and there are a number of factors that will contribute to the success of this goal. Identifying the best approach, or rather the best multi-prong approach, is crucial in navigating our way through a situation that benefits […]

The Transformative Potential & Ethical Challenges Of AI In Wealth Management

In recent years, the advent of AI has sparked both excitement and scrutiny within the Wealth Management industry. The technology’s capabilities, including but certainly not limited to generative AI algorithms like ChatGPT, offer a new dimension to data analysis, market prediction, and portfolio management. However, while it presents a promising avenue for enhancing decision-making and […]

Digitising Wealth Management: Learning From Healthcare

Over recent years, the healthcare sector has focused on transforming the patient experience and helping providers evolve and grow through digitisation. While some of these advances were already in the works, external influences also had an impact, forcing the industry to move faster than expected.