Wealth Management Platform Market Research Report – Forecast to 2027

Wealth Management Platform Market, By Advisory Model (Robo-Advisory, Human advisory, Hybrid), Business Function (Portfolio, Reporting, Financial Advice Management), End- Users (Banks, Brokerage Firms, Investment Firms)— Forecast till 2027

ID: MRFR/ICT/4838-HCR | February, 2021 | Region : Global

Wealth Management Platform Market


The wealth management platform market is expecting significant growth during the ongoing forecast period of 2021-2028. The market is expecting to grow at a compound annual growth rate (CAGR) of 15% during the forecast period that will end in 2028. Also, the expected market rate for the period stands at USD 4 billion by the end of the period in 2028. One of the major reasons that will impact the global growth of the market during the ongoing forecast period is that the global market operations are increasing with a constant rise in the number of global HNWI individuals. HNWI individuals stand for the high net worth individuals. Also, the wealth management platform market is witnessing an advent of digitization and process automation that comply with the industry regulations to promise positive attributes to the market ad the operations undertaken during the period.


COVID 19 Analysis


The pandemic has entered the lives of the common man and the functional industries across various global regions which has barred them from functioning as per the requirement and meeting the degree of supply prevailing in the market. Hence, the wealth management platform market aims to recover the losses due to the pandemic with enhanced investments that will help in developing products and services on a global scale and hence, attract the demand and interest of the target audience located in various global regions as a part of the global market.


Market Dynamics


Drivers


Individuals and businesses are opting for profitable opportunities and hence, are taking steps to transform these into organic ideas having positives to offer to the global market. This is presenting the wealth management platform market with major growth ideas and growth in competition during the forecast period that ends in 2028.


Restraints


The lack of awareness amongst the target audience about the need for asset management and the benefits that the market operations have in store for the target audience and potential customers present growth restraints to the market during the forecast period ending in 2028. Also, building trust is one of the major requirements which, the target customers are taking time to develop and render the important information.


Technology Analysis


The global operations are home to an array of business functions like portfolio, trading management, and accounting, and management that has a promising future and as one of the market segments, it is likely to grow and emerge as the largest market share for the ongoing forecast period of 2021-2028. The wealth management platform market segments are witnessing an increased quantum of demand related to portfolio management and decision support alongside the need for consistent trading across a huge number of programs. The competition prevailing in the wealth management platform market is pushing for the development of a low-cost alternative that acts as a boon to the retail investors backed with certain kinds of benefits like low fees structure, ease, and convenient use, alongside the availability of diversified services that promise an excellent market growth for the period during the forecast period that ends in 2028.


Study Objectives



  • To understand the wealth management platform market functions undertaken by the players during the forecast period

  • To study the scope of the wealth management platform market operations to enhance the market operations and market size

  • To study and analyze the ability of the wealth management platform market segments and prominent players to dominate the competitive degree of the market and the revenue potential associated with the performance of these segments


Market Segmentation


The wealth management platform market has been divided all across the globe based on deployment model, advisory model, end-users, and business functions.


Based on the Deployment Model


The wealth management platform industry has been divided all across the globe based on the deployment model into on-premise and on-cloud.


Based on the Advisory Model


The wealth management platform industry has been divided all across the globe based on the advisory model into the hybrid advisory model, human advisory, and Robo-advisory.


Based on the End-Users


The wealth management platform market has been divided all across the globe based on the end-users into asset management firms, brokerage firms, investment firms, trading & exchange firms, banks, and others.


Based on the Business Functions


The wealth management platform market has been divided all across the globe based on the business functions into reporting, risk and compliance management, performance management, client and fund management, trading management, accounting, portfolio, financial advice management, and others.


Regional Analysis


The wealth management platform market has been divided all across the globe based on the region into North American region, European region, Asia-Pacific region, Latin American region, and the Middle East and African region. Being the fastest-growing region, the largest market share in the wealth management platform is held by the Asia-Pacific region owing to the presence of various giant manufacturers.


The second-largest market share in the wealth management platform market all across the globe is held by the North American region owing to the presence of countries like the US, Canada, and Mexico. High per capita disposable income is another contributing factor. Increasing use of technologies like Robo-advisory fuels the market.


The third-largest market share in the wealth management platform market all across the globe is held by the European region owing to the presence of well-established advanced technology infrastructure. Increasing industrialization is another contributing factor.


The least market share is held by the Latin American region and the Middle East and African region owing to the presence of low infrastructure in both these regions. Low per capita disposable income is another contributing factor that restricts the market growth in these regions.


Competitive Landscape


The most prominent major key players in the wealth management platform market all across the globe are mentioned:



  • Finantix (Italy)

  • Invest Edge (US)

  • Fidelity National Information Services Inc. (US)

  • Fiserv Inc. (US)

  • Dorsum Investment Software (Hungary)

  • SEI Investment Company (US)

  • Objectway (Italy)

  • Temenos (Switzerland)

  • Comarch (Poland)

  • Broadridge Financial Solutions (US)

  • SS&C Technologies (US)


These major key players use various strategies to sustain their market position in the Wealth management platform market in the global market by going for mergers, and acquisitions, by collaborating, establishing a partnership, developing a new production process, setting up a new joint venture, developing a new product line, innovation in the existing product, and many others to expand their customer base in the untapped market of the Wealth management platform all across the globe.


Recent Developments



  • The wealth management firms are largely investing to gain traction that will push for the recognition of the firms and entities amongst the market and industry end-users. Increased investment towards the diversification of the market operations and trends will help in providing benefits to the target audience and expand the operations of the market on a global scale.

  • Based on the market segments and the functions undertaken by them the trading and exchange firms are likely to experience excellent growth as there is a good rise in the wealth of individuals alongside the healthy economic growth has excellent prospects for the functions that are being undertaken across the globe. Also, the market is witnessing an increased inclination of the target audience and potential customers towards trading followed by the exchange and improvement of the financial gains.

  • The quantum of HNWIs that are growing at a good growth rate across various global regions is likely to witness an increased demand for the market solutions that have been offered by the wealth management platforms. The management industry’s advisory model is likely to transform and shift from commission-based models to performance-based models. The robot advisory segment is likely to attain the status of the highest and the fastest-growing segment in the global market that will end in 2028 which will further help the market with the emergence of major opportunities and drives that promise good growth and expansion for the market during the ongoing forecast period.


Report Overview


This global wealth management platform market research report consists of the following elements mentioned below:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Technical Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This market research report contains factors that drive the growth of the Wealth management platform market in the global market along with the factors that restrict its growth in the global market. The technical analysis during the forecasted period is mentioned. The impact of COVID 19 on the Wealth management platform market all across the globe is mentioned. The future growth rate in the Wealth management platform market during the forecasted period is estimated and mentioned.


Intended Audience


End-users, enterprises, independent software vendors (ISVs), wealth management platform distributors, traders, wholesalers, and wealth management platform manufacturers.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Wealth Management Platform Market

5 Industry Overview of Global Wealth Management Platform Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7 Global Wealth Management Platform Market by Advisory Model

7.1 Introduction

7.2 Robo-Advisory

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Human Advisory

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Hybrid Advisory

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Wealth Management Platform Market by Business Functions

8.1 Introduction

8.2 Financial Advice Management

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Region, 2020-2027

8.3 Portfolio, Accounting, Trading Management

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Region, 2020-2027

8.4 Reporting

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Region, 2020-2027

8.5 Performance Management

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Region, 2020-2027

8.6 Risk and compliance Management

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Region, 2020-2027

8.7 Client and Fund Management

8.7.1 Market Estimates & Forecast, 2020-2027

8.7.2 Market Estimates & Forecast, by Region, 2020-2027

8.8 Others

8.8.1 Market Estimates & Forecast, 2020-2027

8.8.2 Market Estimates & Forecast, by Region, 2020-2027

9 Global Wealth Management Platform Market by Deployment Model

9.1 Introduction

9.2 On-Cloud

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast, by Region, 2020-2027

9.3 On-Premise

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast, by Region, 2020-2027

10 Global Wealth Management Platform Market by End-User

10.1 Introduction

10.2 Banks

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast, by Region, 2020-2027

10.3 Trading & Exchange Firms

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast, by Region, 2020-2027

10.4 Investment Firms

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast, by Region, 2020-2027

10.5 Brokerage Firms

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast, by Region, 2020-2027

10.6 Asset Management Firms

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast, by Region, 2020-2027

10.7 Others

10.7.1 Market Estimates & Forecast, 2020-2027

10.7.2 Market Estimates & Forecast, by Region, 2020-2027

11. Global Wealth Management Platform Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, by Country, 2020-2027

11.2.2 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.2.3 Market Estimates & Forecast, by Business Functions, 2020-2027

11.2.4 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.2.5 Market Estimates & Forecast, by End-User, 2020-2027

11.2.6 US

11.2.6.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.2.6.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.2.6.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.2.6.4 Market Estimates & Forecast, by End-User, 2020-2027

11.2.7 Canada

11.2.7.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.2.7.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.2.7.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.2.7.4 Market Estimates & Forecast, by End-User, 2020-2027

112.8 Mexico

11.2.8.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.2.8.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.2.8.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.2.8.4 Market Estimates & Forecast, by End-User, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast, Country, 2020-2027

11.3.2 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.3.3 Market Estimates & Forecast, by Business Functions, 2020-2027

11.3.4 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.3.5 Market Estimates & Forecast, by End-User, 2020-2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.3.6.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.3.6.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.3.6.4 Market Estimates & Forecast, by End-User, 2020-2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.3.7.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.3.7.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.3.7.4 Market Estimates & Forecast, by End-User, 2020-2027

11.3.8 Italy

11.3.8.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.3.8.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.3.8.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.3.8.4 Market Estimates & Forecast, by End-User, 2020-2027

11.3.9 Spain

11.3.9.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.3.9.2 Market Estimates & Forecast, by Business Functions 2020-2027

11.3.9.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.3.9.4 Market Estimates & Forecast, by End-User, 2020-2027

11.3.10 Rest of Europe

11.3.10.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.3.10.2 Market Estimates & Forecast, by Business Functions 2020-2027

11.3.10.3 Market Estimates & Forecast by Deployment Model, 2020-2027

11.3.10.4 Market Estimates & Forecast, by End-User, 2020-2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast, by Country, 2020-2027

11.4.2 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.4.3 Market Estimates & Forecast, by Business Functions, 2020-2027

11.4.4 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.4.5 Market Estimates & Forecast, by End-User, 2020-2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.4.6.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.4.6.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.4.6.4 Market Estimates & Forecast, by End-User, 2020-2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.4.7.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.4.7.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.4.7.4 Market Estimates & Forecast, by End-User, 2020-2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.4.8.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.4.8.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.4.8.4 Market Estimates & Forecast, by End-User, 2020-2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.4.9.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.4.9.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.4.9.4 Market Estimates & Forecast, by End-User, 2020-2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, Country, 2020-2027

11.5.2 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.5.3 Market Estimates & Forecast, by Business Functions, 2020-2027

11.5.4 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.5.5 Market Estimates & Forecast, by End-User, 2020-2027

11.5.6 Middle East & Africa

11.5.6.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.5.6.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.5.6.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.5.6.4 Market Estimates & Forecast, by End-User, 2020-2027

11.5.7 Latin America

11.5.7.1 Market Estimates & Forecast, by Advisory Model, 2020-2027

11.5.7.2 Market Estimates & Forecast, by Business Functions, 2020-2027

11.5.7.3 Market Estimates & Forecast, by Deployment Model, 2020-2027

11.5.7.4 Market Estimates & Forecast, by End-User, 2020-2027

12 Company Landscape

13 Company Profiles

13.1 SS&C Technologies

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 Broadridge Financial Solutions

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 Comarch

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.4 Temenos

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.5 Objectway

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 SEI Investment Company

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.7 Dorsum Investment Software

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.8 Fiserv Inc

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.9 Profile Software

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.10 Fidelity National Information Services Inc

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.11 Invest Edge

13.11.1 Company Overview

13.11.2 Product/Business Segment Overview

13.11.3 Financial Updates

13.11.4 Key Developments

13.12 Finantix

13.12.1 Company Overview

13.12.2 Product/Business Segment Overview

13.12.3 Financial Updates

13.12.4 Key Developments

14 Conclusion

LIST OF TABLES

Table 1 Global Wealth Management Platform Market, by Region, 2020-2027

Table 2 North America: Wealth Management Platform Market, by Country, 2020-2027

Table 3 Europe: Wealth Management Platform Market, by Country, 2020-2027

Table 4 Asia-Pacific: Wealth Management Platform Market, by Country, 2020-2027

Table 5 Rest of The World: Wealth Management Platform Market, by Country, 2020-2027

Table 6 Global Wealth Management Platform Market, by Advisory Model 2020-2027

Table 7 North America: Wealth Management Platform by Advisory Model Market, 2020-2027

Table 8 Europe: Wealth Management Platform by Advisory Model Market, 2020-2027

Table9 Asia-Pacific: Wealth Management Platform by Advisory Model Market,2020-2027

Table10 Rest of the world: Wealth Management Platform by Advisory Model, 2020-2027

Table11 Global Wealth Management Platform by Business Functions Market, 2020-2027

Table12 North America: Wealth Management Platform by Business Functions Market, 2020-2027

Table13 Europe: Wealth Management Platform by Business Functions Market, 2020-2027

Table14 Asia-Pacific: Wealth Management Platform by Business Functions Market, 2020-2027

Table15 Rest of the World: Wealth Management Platform by Business Functions Market, 2020-2027

Table16 Global Wealth Management Platform by Deployment Model Market, 2020-2027

Table17 North America: Wealth Management Platform by Deployment Model Market, 2020-2027

Table18 Europe: Wealth Management Platform by Deployment Model Market, 2020-2027

Table19 Asia-Pacific: Wealth Management Platform by Deployment Model Market, 2020-2027

Table20 Rest of the World: Wealth Management Platform by Deployment Model, 2020-2027

Table21 Global Wealth Management Platform Market, by End-User, 2020-2027

Table22 North America: Wealth Management Platform Market by End-User, 2020-2027

Table23 Europe: Wealth Management Platform by End-User, 2020-2027

Table24 Asia-Pacific: Wealth Management Platform by End-User, 2020-2027

Table25 Rest of the World: Wealth Management Platform by End-User, 2020-2027


LIST OF FIGURES

FIGURE 1 Global Wealth Management Platform Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Wealth Management Platform Market

FIGURE 4 Value Chain of Global Wealth Management Platform Market

FIGURE 5 Share of Global Wealth Management Platform Market in 2017, by Country (in %)

FIGURE 6 Global Wealth Management Platform Market, 2020-2027

FIGURE 7 Global Wealth Management Platform Market Size, by Advisory Model, 2020

FIGURE 8 Share of Global Wealth Management Platform Market, by Advisory Model, 2020-2027

FIGURE 9 Global Wealth Management Platform Market Size, by Business Functions, 2020

FIGURE 10 Share of Global Wealth Management Platform Market, by Business Functions, 2020-2027

FIGURE 11 Global Wealth Management Platform Market Size, by Deployment Model, 2020-2027

FIGURE 12 Share of Global Wealth Management Platform Market, by Deployment Model, 2020-2027

FIGURE 13 Global Wealth Management Platform Market Size, by End-User, 2020-2027

FIGURE 14 Share of Global Wealth Management Platform Market, by End-User, 2020-2027

Wealth Management Platform Market