The prestigious list recognises the world’s most innovative tech solution providers addressing the digital transformation challenges and opportunities faced by asset managers, private banks and financial advisors.
The WealthTech sector has experienced huge growth in recent years as the surge in online usage and customer demand for best-practice digital experience have accelerated innovation. The global WealthTech market is projected to reach $11.9bn by 2030.
The process to identify the 100 WealthTech innovation leaders was more competitive than ever this year and over 1,200 companies were considered for inclusion. A panel of analysts and industry experts voted for the 100 finalists by assessing the impact those companies are making by using technology to solve a significant industry problem, or to generate efficiency improvements across the investment value chain.
According to Richard Sachar, director of FinTech global, “The rise of digital distribution channels and online financial products has opened new client segments for investment firms and financial advisors. Businesses that fail to keep up with the latest technologies and innovation will be less competitive and lose market share over time. The WealthTech100 list helps senior decision-makers filter through all the vendors in the market by highlighting the leading companies in areas such as client acquisition, financial planning, portfolio management and digital brokerage.”
More information about the award and the full list of the WealthTech100 companies of 2022 can be found at: www.WealthTech100.com
