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Top 10 Wealth Management Technology Solution Providers - 2017

Game-changing technologies are fueling disruption in the wealth management industry, and effectively changing the ways clients view financial advisors, or make investment decisions. In fact, experts predict that the wealth management industry, as a whole, will experience more transformation in the next five years than it had in the past half century.

Companies’ expectations from wealth management firms are becoming increasingly diverse with rising emphasis on wealth transfers, retirement planning, and social impact investing. More so, with evolving digitization in the industry, companies and asset managers are leveraging the power of massive amounts of financial information for real-time asset and portfolio management. As a result, the rapid digital innovation has enabled third-party services to gain access to clients’ financial information, turning client’s data privacy and security at stake. This implies that regulations around cyber security are also likely to get stronger in the years to come.

The legacy wealth management technologies are no longer competent to reconcile today’s vast amount of structured and unstructured data. Thus, wealth managers are constantly looking to invest in technologies that help them aggregate the data, provide real-time analytics, and create customized financial reports on actionable investment insights and risk management according to their requirements.

With rapid technological evolution, it is imperative that organizations invest in the right provider that suits their specific necessities and also corresponds with the current dynamics of the market. Keeping that in mind, Banking CIO Outlook has selected a list of 10 companies offering robust and comprehensive wealth management solutions. The companies featured here exhibit powerful solutions coupled with innovative strategies.

We present to you “Top 10 Wealth Management Technology Solution Providers - 2017.”

Company Logo Company Name Company Description
Accutech Systems Corporation Offers innovative wealth management solution, Accutrust Cheetah, and advisor training
AppCrown AppCrown integrates multi-custodian feeds and delivers decision-making tools that drive the independent advisors business
Aspida360 Provides a three-dimensional SaaS platform for monetary and non-monetary wealth management and building valuable multigenerational relationships
BaseVenture Software that simplifies how private funds are administered and managed
Globacom Technologies Delivers digital wealth management solutions to onboard, engage, and retain wealth management clients
IQCIO Offers intelligent and adaptive digital advice that dynamically allocates across asset classes as market conditions change
Marstone Offers white-labeled digital advice platforms to all financial firms and advisors for more personal wealth management
MMxCHANGE MMxCHANGE provides a digital marketplace that lets advisory businesses design, build and control customized investment platforms
Thomas Gold Solutions Offers retirement planning software that delivers the most appropriate suggestions, accounting for the risk factors based on client’s financial status
WealthBot Wealthbot is based on open source principles and offers an automated financial advisor platform