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Wealth Management Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Jun 14, 2023
Length 138 Pages
SKU # IMRC18014941

Description

Wealth Management Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global wealth management platform market size reached US$ 4.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.7% during 2023-2028.

A wealth management platform is a software deployed for planning, analyzing, monitoring, and controlling specialized financial services. It is widely used as an investment advisory service that combines other financial services to address the needs of affluent clients. It includes financial goal planning, legal and tax advice, estate planning, complete wealth overview, personal retail banking services, portfolio management capabilities, and investment management services. These platforms are widely used by enterprises to streamline operations, deliver consistent advice across channels, and manage multiple and complex investment programs from one solution. Wealth management platforms aid in reducing manual processes, errors, risk, financial stress, complexities, improving investment decisions, creativity, production cycles, and cost-effectiveness. As a result, it is widely used in banks, brokerage, investment management and trading firms.

Wealth Management Platform Market Trends:
Increasing digitalization across the globe is creating a positive outlook for the market. The wealth management platform assists businesses to gain insights and enhance decision-making to improve profitability and efficiency. Additionally, the widespread product adoption in trading and exchange firms to manage multiple clients efficiently, understand the process of financial portfolio, and access trading accounts is favoring the market growth. Moreover, various technological advancements, such as the introduction of digital wealth management platforms, to provide financial firms with the latest integrated tools and data-driven analytics are providing an impetus to the market growth. In line with this, the integration of artificial intelligence (AI) to efficiently track expenditure, identify investment preferences, and provide personalized and curated advice for the clients is positively impacting the market growth. Apart from this, the rising disposable incomes, particularly in emerging economies, and the implementation of various stringent government compliances related to the financial sector are anticipated to drive the market toward growth further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global wealth management platform market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on advisory model, deployment mode, business function, enterprise size and end use industry.

Breakup by Advisory Model:

Hybrid
Robo Advisory
Human Advisory

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Business Function:

Reporting
Performance Management
Financial Advice Management
Risk and Compliance Management
Portfolio, Accounting and Trading Management
Others

Breakup by Enterprise Size:

Large Enterprises
Small and Medium-sized Enterprises

Breakup by End Use Industry:

Banks
Brokerage Firms
Investment Management Firms
Trading and Exchange Firms
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avaloq (NEC Corporation), Backbase, Broadridge Financial Solutions Inc., Comarch SA, Crealogix AG, Fidelity National Information Services Inc., Fiserv Inc., Infosys Limited, Profile Systems and Software S.A., Prometeia S.p.A, SEI Investments Company, SS&C Technologies Inc., Tata Consultancy Services Limited and Temenos Headquarters SA.

Key Questions Answered in This Report

1. What was the size of the global wealth management platform market in 2022?
2. What is the expected growth rate of the global wealth management platform market during 2023-2028?
3. What are the key factors driving the global wealth management platform market?
4. What has been the impact of COVID-19 on the global wealth management platform market?
5. What is the breakup of the global wealth management platform market based on the advisory model?
6. What is the breakup of the global wealth management platform market based on the deployment mode?
7. What is the breakup of the global wealth management platform market based on end use industry?
8. What are the key regions in the global wealth management platform market?
9. Who are the key players/companies in the global wealth management platform market?

Table of Contents

138 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wealth Management Platform Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Advisory Model
6.1 Hybrid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Robo Advisory
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Human Advisory
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Business Function
8.1 Reporting
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Performance Management
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Financial Advice Management
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Risk and Compliance Management
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Portfolio, Accounting and Trading Management
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Enterprise Size
9.1 Large Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Small and Medium-sized Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast
10Market Breakup by End Use Industry
10.1 Banks
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Brokerage Firms
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Investment Management Firms
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Trading and Exchange Firms
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Others
10.5.1 Market Trends
10.5.2 Market Forecast
11Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13Value Chain Analysis
14Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15Price Analysis
16Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Avaloq (NEC Corporation)
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Backbase
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Broadridge Financial Solutions Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Comarch SA
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.5 Crealogix AG
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.6 Fidelity National Information Services Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Fiserv Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Infosys Limited
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Profile Systems and Software S.A.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.10 Prometeia S.p.A
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 SEI Investments Company
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 SS&C Technologies Inc.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
16.3.13 Tata Consultancy Services Limited
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.13.3 Financials
16.3.13.4 SWOT Analysis
16.3.14 Temenos Headquarters SA
16.3.14.1 Company Overview
16.3.14.2 Product Portfolio
16.3.14.3 Financials
16.3.14.4 SWOT Analysis

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