The WealthTech100 is an annual list of one hundred of the most innovative technology solution providers for asset managers, private banks and financial advisors. It is chosen by a panel of industry experts and analysts. Those who were selected were picked from a list of over 1,200 companies produced by FinTech Global, which is a specialist research firm working with market leaders in the financial technology industry.
The criteria that are taken into consideration by the judges are as follows:
the industry significance of the problem being solved;
the growth stage (the capital raised, revenue and customer traction);
the degree of innovation of the technology solution provided;
the potential impact for the clients (regarding the cost savings, efficiency improvement, value chain and revenue enhancements); and
the relevance for managers and executives operating in the financial industry to know about the company.
“Established investment firms, private banks and advisors need to be aware of the latest innovation in order to remain competitive in the current market, which is heavily focused on digital distribution and transformation initiatives, [...] The WealthTech100 list helps them do just that and identify new business models which will have lasting impact on the industry." said Richard Sachar, director of FinTech Global.
Being included in the second edition of this list, along with 100 other pioneers that are also enabling transformation in the global investment and banking industries towards the future of finance, is a great achievement, one which rewards the hard work of our team. While these are challenging times for both people and businesses, InvestSuite is bolder than ever. We believe that the coronavirus crisis will only accelerate the digitalisation in wealth management (https://www.investsuite.com/article/the-unstoppable-rise-of-the-digital-investor).
From our perspective, we are prepared to provide everything necessary to those operating in the wealth management industry in order to accelerate transformation and help them better serve their clients in these unprecedented times.
More information about the award and the full list of the WealthTech100 companies selected for 2020 can be found at: https://fintech.global/wealthtech100/
