The Strategic Role of Managed Service Providers in Wealth Management with Stephen Simons
Episode 012: In this week’s episode of Milemarker’s Connected Podcast, I talk with Stephen Simons, Chief Executive Officer at Restyn. Our conversation centers around how an MSP (Managed Service Provider) can help wealth management firms with many aspects of their business including IT, security, and compliance.
An entrepreneur with strong strategic planning, critical thinking, and technology solution delivery skills, Stephen emphasizes the need for a strategic approach to IT. He also shares the recent changes in the regulatory environment for cybersecurity and the importance of adopting the Zero Trust model.
Here are a few key takeaways from this week’s ep:
MSPs provide comprehensive IT support, including compliance, security, and support, allowing firms to focus on their core business.
The regulatory environment for cybersecurity is constantly evolving, and it is crucial for firms to stay up-to-date and implement the necessary measures.
Zero Trust is a security approach that focuses on verifying and validating every user and device, providing a more secure and convenient user experience.
Snowflake is a powerful tool that allows firms to integrate data from different vendors and create a unified view of their business, improving decision-making and efficiency.
The episode is available now on your favorite podcast platform:
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Kyle Van Pelt