Digital innovations are transforming every aspect of our lives, and like any other sector, wealth management is no exception. Due to the constantly changing market trends, wealth managers are under tremendous pressure to generate value additions over the benchmark return, while complying with regulatory changes. Also, globalization, regulation and increasing client expectations are putting pressure on them like never before.
Businesses need to continue to secure on new systems and applications to be at the right place in the dynamic market. However, maintaining distinct systems and various vendor relationships is terrifying because disconnected technology is error prone. As a result, wealth managers are persistently searching for technologies that help them in not only aggregate the data securely, but also give real-time analytics and generate bespoke financial reports on actionable investment and risk management.
The wealth management landscape has no shortage of solutions’ providers and thus zeroing in on the apt one remains an uphill task for CIOs. A distinguished panel of prominent CEOs, CIOs, VCs, and analysts, along with Banking CIO Outlook Magazine’s editorial board has assessed hundreds of wealth management technology solution providers and shortlisted the ones that are at the forefront of providing cutting-edge technology solutions. The listing provides a look into how the solutions in this domain are put into use, so that you can gain an inclusive understanding of how they will optimize your business processes.
The panel has weighed the support for analytics, integration capabilities and robustness besides quality of service above all else, before cataloguing the finalists. We present to you “Top 10 Wealth Management Technology Solution Providers - 2018.”