Wealth Management Platform Market by Advisory Model (Human Advisory, Robo Advisory, and Hybrid), Business Function (Reporting, Portfolio, Accounting, and Trading Management), Deployment Model, End-User Industry, and Region - Global Forecast to 2022

  • ID: 4474026
  • Report
  • Region: Global
  • 141 Pages
  • Markets and Markets
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Global Wealth Management Platform Market Size Expected to Grow from USD 1.70 Billion in 2017 to USD 3.20 Billion by 2022, at a CAGR of 13.4%

FEATURED COMPANIES

  • Broadridge
  • Dorsum
  • FIS
  • Investedge
  • Profile Software
  • SS&C
  • MORE

"Constant rise in the number of global High Net Worth Individuals (HNWIs) and compliance with stringent industry regulations are expected to drive the wealth management platform market"

The global wealth management platform market size is expected to grow from USD 1.70 billion in 2017 to USD 3.20 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The constant rise in the number of global HNWIs, compliance with stringent industry regulations and digitalization, and process automation are expected to be the major factors in fueling the growth of the wealth management platform market. However, a higher dependency on the traditional methods is expected to act as a major restraining factor for the growth of the market.

"Financial advice management business function is expected to hold the largest market size during the forecast period"

Among the business functions, the financial advice management segment is the majorly adopted, as it serves clients with the best financial advice. HNWIs are always in need of securely and properly managing their wealth and financial assets, and hence, they approach the financial advisors. Further, with the advent of the robo advisory and hybrid advisory models, customers have frequently managed to use wealth management platform services, thereby boosting the growth of the financial advice platforms. Investment management firms generally offer passive investments as opposed to that of active management, which is provided by a human adviser.

"Asia Pacific (APAC) is projected to grow at the highest rate during the forecast period"

The wealth management platform market growth in the APAC region has gained momentum and expected to record the highest rate in the coming years. Japan, Australia, New Zealand, China, and India are using wealth management platforms across end-user industries. The rapid growth of the wealth management platform market in the APAC region can be attributed to the massive growth in the business deals, such as mergers and acquisitions, across the APAC region. Moreover, the rapid expansion of domestic enterprises as well as the higher development of infrastructure are expected to drive the growth of the wealth management platform market in APAC.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of the profiles of the primary participants is given below:

  • By Company: Tier 1: 55%, Tier 2: 20%, and Tier 3: 25%
  • By Designation: C-level: 60%, Director level: 25%, and Others: 15%
  • By Region: North America: 10%, Europe: 20%, RoW: 30%, and APAC: 40%

The following key vendors are profiled in the report:

  • SS&C (US)
  • Fiserv (US)
  • FIS (US)
  • Profile Software (UK)
  • Broadridge (US)
  • InvestEdge (US)
  • Temenos (Switzerland)
  • Finantix (Italy)
  • SEI Investments Company (US)
  • Comarch (Poland)
  • Objectway (Italy)
  • Dorsum (Hungary)

Research Coverage

The report has segmented the wealth management platform market based on advisory models, which are further segmented into 3 segments, namely, human advisory, robo advisory, and hybrid. It has then been segmented by business function, which is further fragmented into financial advice management, portfolio, accounting and trading management, performance management, risk and compliance management, reporting, and others (billing and benchmarking). Based on deployment models, the market has been segmented into on-premises and cloud. Further, according to end-user industries, the market has been segmented into banks, investment management firms, trading and exchange firms, brokerage firms, and others (asset management firms, and custody and compliance providers).

The market by region has been segmented into North America, Europe, APAC, Latin America, and Middle East and Africa (MEA). Moreover, the regions have further been segmented into various countries. North America comprises the US and Canada; Europe has been fragmented into the UK, Germany, Italy, and the rest of Europe. On the other hand, APAC has been segmented into China, Japan, India, and the rest of APAC; and MEA has been divided into Middle East and Africa. Similarly, Latin America has been divided into Brazil, Mexico, and the rest of Latin America.

Reasons to Buy the Report

The report would help the market leaders/new entrants in this market in the following ways:

1. This report segments the wealth management platform market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different industry verticals and regions.

2. The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

3. This report would help stakeholders better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes new product launches/developments; partnerships and collaborations; mergers and acquisitions; and expansions.

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FEATURED COMPANIES

  • Broadridge
  • Dorsum
  • FIS
  • Investedge
  • Profile Software
  • SS&C
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions and Limitations
    2.4 Limitations

3 Executive Summary

4 Premium Insights
    4.1 Attractive Market Opportunities in the Market
    4.2 Wealth Management Platform Market, By Region
    4.3 Market Top 4 End-User Industries and Regions
    4.4 Life Cycle Analysis, By Region, 2017

5 Market Overview and Industry Trends
    5.1 Market Overview
    5.2 Introduction
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Digitalization and Process Automation Optimizes Wealth Management Practices
                    5.3.1.2 Constant Rise in Global Hnwis
                    5.3.1.3 Compliance With Stringent Industry Regulations
           5.3.2 Restraints
                    5.3.2.1 Higher Dependency on Traditional Methods
           5.3.3 Opportunities
                    5.3.3.1 Rising Innovations in the Fintech Industry
                    5.3.3.2 Adoption of Blockchain and AI in the Wealth Management Platform Market
           5.3.4 Challenges
                    5.3.4.1 Lack of Awareness About Wealth Management Solutions and Inadequate Technical Expertise Among Enterprise Professionals
    5.4 Industry Trends
           5.4.1 Use Cases
                    5.4.1.1 Introduction
                    5.4.1.2 Use Case 1: Streamlining Operations With the Wealth Management Platform
                    5.4.1.3 Use Case 2: Generating Up-To-Date Reports in Minimal Time and Enhancing the Customer Relationship
                    5.4.1.4 Use Case 3: Easily Managing Customer Portfolios With the Wealth Management Platform
    5.5 Regulations for the Wealth Management Industry
           5.5.1 Markets in Financial Instruments Directive (MIFID)
           5.5.2 Alternative Investment Fund Managers Directive (AIFMD)
           5.5.3 Foreign Account Tax Compliance Act (FATCA)
           5.5.4 Dodd-Frank Wall Street Reform and Consumer Protection Act
           5.5.5 European Market Infrastructure Regulation (EMIR)
           5.5.6 Anti-Money Laundering Directive 2015/849/EU (AMLD)
    5.6 Innovation Spotlight
           5.6.1 Integration of AI in Wealth Management
           5.6.2 Introduction of Blockchain in Wealth Management Practices

6 Wealth Management Platform Market, By Advisory Model
    6.1 Introduction
    6.2 Human Advisory
    6.3 Robo Advisory
    6.4 Hybrid

7 Market By Business Function
    7.1 Introduction
    7.2 Financial Advice Management
    7.3 Portfolio, Accounting, and Trading Management
    7.4 Performance Management
    7.5 Risk and Compliance Management
    7.6 Reporting
    7.7 Others

8 Market By Deployment Model
    8.1 Introduction
    8.2 On-Premises
    8.3 Cloud

9 Wealth Management Platform Market, By End-User Industry
    9.1 Introduction
    9.2 Banks
    9.3 Investment Management Firms
    9.4 Trading and Exchange Firms
    9.5 Brokerage Firms
    9.6 Others

10 Wealth Management Platform Market, By Region
     10.1 Introduction
     10.2 North America
             10.2.1 By Advisory Model
             10.2.2 By Business Function
             10.2.3 By Deployment Model
             10.2.4 By End-User Industry
             10.2.5 By Country
                        10.2.5.1 United States
                        10.2.5.2 Canada
     10.3 Europe
             10.3.1 By Advisory Model
             10.3.2 By Business Function
             10.3.3 By Deployment Model
             10.3.4 By End-User Industry
             10.3.5 By Country
                        10.3.5.1 Germany
                        10.3.5.2 Italy
                        10.3.5.3 United Kingdom
                        10.3.5.4 Rest of Europe
     10.4 Asia Pacific
             10.4.1 By Advisory Model
             10.4.2 By Business Function
             10.4.3 By Deployment Model
             10.4.4 By End-User Industry
             10.4.5 By Country
                        10.4.5.1 China
                        10.4.5.2 Japan
                        10.4.5.3 India
                        10.4.5.4 Rest of Asia Pacific
     10.5 Latin America
             10.5.1 By Advisory Model
             10.5.2 By Business Function
             10.5.3 By Deployment Model
             10.5.4 By End-User Industry
             10.5.5 By Country
                        10.5.5.1 Brazil
                        10.5.5.2 Mexico
                        10.5.5.3 Rest of Latin America
     10.6 Middle East and Africa
             10.6.1 By Advisory Model
             10.6.2 By Business Function
             10.6.3 By Deployment Model
             10.6.4 By End-User Industry
             10.6.5 By Subregion
                        10.6.5.1 Middle East
                        10.6.5.2 Africa

11 Competitive Landscape
     11.1 Overview
     11.2 Prominent Players in the Wealth Management Platform Market
     11.3 Competitive Scenario
             11.3.1 New Product Launches and Product Upgradations
             11.3.2 Partnerships and Collaborations
             11.3.3 Business Expansions
             11.3.4 Acquisitions

12 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, View)*
     12.1 SS&C
     12.2 Fiserv
     12.3 Broadridge
     12.4 FIS
     12.5 Profile Software
     12.6 Temenos
     12.7 SEI Investments Company
     12.8 Investedge
     12.9 Finantix
     12.10 Comarch
     12.11 Objectway
     12.12 Dorsum

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Wealth Management Platform Market Size and Growth Rate, 2015-2022 (USD Million, Y-O-Y %)
Table 2 Market Size By Advisory Model, 2015-2022 (USD Million)
Table 3 Human Advisory: Market Size By Region, 2015-2022 (USD Million)
Table 4 Robo Advisory: Market Size By Region, 2015-2022 (USD Million)
Table 5 Hybrid: Market Size By Region, 2015-2022 (USD Million)
Table 6 Wealth Management Platform Market Size, By Business Function, 2015-2022 (USD Million)
Table 7 Financial Advice Management: Market Size By Region, 2015-2022 (USD Million)
Table 8 Portfolio, Accounting, and Trading Management: Market Size By Region, 2015-2022 (USD Million)
Table 9 Performance Management: Market Size By Region, 2015-2022 (USD Million)
Table 10 Risk and Compliance Management: Market Size By Region, 2015-2022 (USD Million)
Table 11 Reporting: Market Size By Region, 2015-2022 (USD Million)
Table 12 Others: Market Size By Region, 2015-2022 (USD Million)
Table 13 Wealth Management Platform Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 14 On-Premises: Market Size By Region, 2015-2022 (USD Million)
Table 15 Cloud: Market Size By Region, 2015-2022 (USD Million)
Table 16 Wealth Management Platform Market Size, By End-User Industry, 2015-2022 (USD Million)
Table 17 Banks: Market Size By Region, 2015-2022 (USD Million)
Table 18 Investment Management Firms: Market Size By Region, 2015-2022 (USD Million)
Table 19 Trading and Exchange Firms: Market Size By Region, 2015-2022 (USD Million)
Table 20 Brokerage Firms: Market Size By Region, 2015-2022 (USD Million)
Table 21 Others: Market Size By Region, 2015-2022 (USD Million)
Table 22 Wealth Management Platform Market Size, By Region, 2015-2022 (USD Million)
Table 23 North America: Market Size By Advisory Model, 2015-2022 (USD Million)
Table 24 North America: Market Size By Business Function, 2015-2022 (USD Million)
Table 25 North America: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 26 North America: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 27 North America: Market Size By Country, 2015-2022 (USD Million)
Table 28 United States: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 29 Canada: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 30 Europe: Market Size By Advisory Model, 2015-2022 (USD Million)
Table 31 Europe: Market Size By Business Function, 2015-2022 (USD Million)
Table 32 Europe: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 33 Europe: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 34 Europe: Market Size By Country, 2015-2022 (USD Million)
Table 35 Germany: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 36 Italy: Wealth Management Platform Market Size, By End-User Industry, 2015-2022 (USD Million)
Table 37 United Kingdom: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 38 Rest of Europe: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 39 Asia Pacific: Market Size By Advisory Model, 2015-2022 (USD Million)
Table 40 Asia Pacific: Market Size By Business Function, 2015-2022 (USD Million)
Table 41 Asia Pacific: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 42 Asia Pacific: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 43 Asia Pacific: Market Size By Country, 2015-2022 (USD Million)
Table 44 China: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 45 Japan: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 46 India: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 47 Rest of Asia Pacific: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 48 Latin America: Market Size By Advisory Model, 2015-2022 (USD Million)
Table 49 Latin America: Market Size By Business Function, 2015-2022 (USD Million)
Table 50 Latin America: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 51 Latin America: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 52 Latin America: Market Size By Country, 2015-2022 (USD Million)
Table 53 Brazil: Wealth Management Platform Market Size, By End-User Industry, 2015-2022 (USD Million)
Table 54 Mexico: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 55 Rest of Latin America: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 56 Middle East and Africa: Market Size By Advisory Model, 2015-2022 (USD Million)
Table 57 Middle East and Africa: Market Size By Business Function, 2015-2022 (USD Million)
Table 58 Middle East and Africa: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 59 Middle East and Africa: Market Size By End-User Industry, 2015-2022 (USD Million)
Table 60 Middle East and Africa: Market Size By Subregion, 2015-2022 (USD Million)
Table 61 Middle East: Market Size, By End-User Industry, 2015-2022 (USD Million)
Table 62 Africa: Wealth Management Platform Market Size, By End-User Industry, 2015-2022 (USD Million)
Table 63 New Product Launches and Product Upgradations, 2017
Table 64 Partnerships and Collaborations, 2015-2017
Table 65 Business Expansions, 2015-2017
Table 66 Acquisitions, 2015-2017

List of Figures
Figure 1 Wealth Management Platform Market Segmentation
Figure 2 Regional Scope
Figure 3 Market Research Design
Figure 4 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Wealth Management Platform Market: Assumptions
Figure 9 Wealth Management Platform Market is Expected to Witness Significant Growth in the Global Market During the Forecast Period
Figure 10 Market Snapshot By Advisory Model, 2017 vs 2022
Figure 11 Market Snapshot By Business Function, 2017-2022
Figure 12 Market Snapshot By Deployment Model, 2017-2022
Figure 13 Market Snapshot By End-User Industry, 2017-2022
Figure 14 The Wealth Management Platform Market Growth is Driven By the Constant Rise in the Global Hnwi and Implications of AI in the Wealth Management Industry
Figure 15 North America is Estimated to Have the Largest Market Share in 2017
Figure 16 Investment Management Firms End-User Industry, and North America are Estimated to Have the Largest Market Shares in 2017
Figure 17 Asia Pacific is Expected to Enter the Growth Phase During 2017-2022
Figure 18 Wealth Management Platform Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Number of High Net Worth Individuals, By Region, 2016
Figure 20 Human Advisory Segment is Expected to Have the Largest Market Size During the Forecast Period
Figure 21 Financial Advice Management Business Function is Expected to Have the Largest Market Size During the Forecast Period
Figure 22 On-Premises Deployment Model is Expected to Have the Larger Market Size During the Forecast Period
Figure 23 Trading and Exchange Firms End-User Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Asia Pacific is Expected to Register the Highest CAGR During the Forecast Period
Figure 25 North America is Expected to Have the Largest Market Size During the Forecast Period
Figure 26 North America: Market Snapshot
Figure 27 Asia Pacific: Market Snapshot
Figure 28 Key Developments By the Leading Players in the Wealth Management Platform Market, 2015-2017
Figure 29 Market Evaluation Framework
Figure 30 SS&C: Company Snapshot
Figure 31 SS&C: SWOT Analysis
Figure 32 Fiserv: Company Snapshot
Figure 33 Fiserv: SWOT Analysis
Figure 34 Broadridge: Company Snapshot
Figure 35 Broadridge: SWOT Analysis
Figure 36 FIS: Company Snapshot
Figure 37 FIS: SWOT Analysis
Figure 38 Profile Software: SWOT Analysis
Figure 39 Temenos: Company Snapshot
Figure 40 SEI Investments Company: Company Snapshot

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  • Broadridge
  • Comarch
  • Dorsum
  • FIS
  • Finantix
  • Fiserv
  • Investedge
  • Objectway
  • Profile Software
  • SEI Investments Company
  • SS&C
  • Temenos
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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