Market Overview:
The global wealth management platform market reached a value of US$ 3.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.25 Billion by 2027 exhibiting a CAGR of 13.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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, along with forecasts at the global, regional and country level from 2022-2027. 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:
Breakup by Business Function:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- 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:
To get more information on the regional analysis of this market, Request Sample
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Advisory Model, Deployment Mode, Business Function, Enterprise Size, End Use Industry, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
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. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global wealth management platform market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global wealth management platform market?
- What are the key regional markets?
- What is the breakup of the market based on the advisory model?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the business function?
- What is the breakup of the market based on the enterprise size?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global wealth management platform market and who are the key players?
- What is the degree of competition in the industry?
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
10 Market 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
11 Market 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
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters 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
15 Price Analysis
16 Competitive 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
List of Figures
Figure 1: Global: Wealth Management Platform Market: Major Drivers and Challenges
Figure 2: Global: Wealth Management Platform Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wealth Management Platform Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Wealth Management Platform Market: Breakup by Advisory Model (in %), 2021
Figure 5: Global: Wealth Management Platform Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Wealth Management Platform Market: Breakup by Business Function (in %), 2021
Figure 7: Global: Wealth Management Platform Market: Breakup by Enterprise Size (in %), 2021
Figure 8: Global: Wealth Management Platform Market: Breakup by End Use Industry (in %), 2021
Figure 9: Global: Wealth Management Platform Market: Breakup by Region (in %), 2021
Figure 10: Global: Wealth Management Platform (Hybrid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Wealth Management Platform (Hybrid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Wealth Management Platform (Robo Advisory) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Wealth Management Platform (Robo Advisory) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Wealth Management Platform (Human Advisory) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Wealth Management Platform (Human Advisory) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Wealth Management Platform (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Wealth Management Platform (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Wealth Management Platform (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Wealth Management Platform (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Wealth Management Platform (Reporting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Wealth Management Platform (Reporting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Wealth Management Platform (Performance Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Wealth Management Platform (Performance Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Wealth Management Platform (Financial Advice Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Wealth Management Platform (Financial Advice Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Wealth Management Platform (Risk and Compliance Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Wealth Management Platform (Risk and Compliance Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Wealth Management Platform (Portfolio, Accounting and Trading Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Wealth Management Platform (Portfolio, Accounting and Trading Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Wealth Management Platform (Other Business Functions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Wealth Management Platform (Other Business Functions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Wealth Management Platform (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Wealth Management Platform (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Wealth Management Platform (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Wealth Management Platform (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Wealth Management Platform (Banks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Wealth Management Platform (Banks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Wealth Management Platform (Brokerage Firms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Wealth Management Platform (Brokerage Firms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Wealth Management Platform (Investment Management Firms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Wealth Management Platform (Investment Management Firms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Wealth Management Platform (Trading and Exchange Firms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Wealth Management Platform (Trading and Exchange Firms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Wealth Management Platform (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Wealth Management Platform (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: North America: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: North America: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: United States: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: United States: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Canada: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Canada: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Asia-Pacific: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Asia-Pacific: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: China: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: China: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Japan: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Japan: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: India: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: India: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: South Korea: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: South Korea: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Australia: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Australia: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Indonesia: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Indonesia: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Europe: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Europe: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Germany: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Germany: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: France: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: France: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: United Kingdom: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: United Kingdom: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Italy: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Italy: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Spain: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Spain: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Russia: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Russia: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Latin America: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Latin America: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Brazil: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Brazil: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Mexico: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Mexico: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Others: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Others: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Middle East and Africa: Wealth Management Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Middle East and Africa: Wealth Management Platform Market: Breakup by Country (in %), 2021
Figure 94: Middle East and Africa: Wealth Management Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Global: Wealth Management Platform Industry: SWOT Analysis
Figure 96: Global: Wealth Management Platform Industry: Value Chain Analysis
Figure 97: Global: Wealth Management Platform Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Wealth Management Platform Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wealth Management Platform Market Forecast: Breakup by Advisory Model (in Million US$), 2022-2027
Table 3: Global: Wealth Management Platform Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Wealth Management Platform Market Forecast: Breakup by Business Function (in Million US$), 2022-2027
Table 5: Global: Wealth Management Platform Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 6: Global: Wealth Management Platform Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 7: Global: Wealth Management Platform Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Wealth Management Platform Market: Competitive Structure
Table 9: Global: Wealth Management Platform Market: Key Players