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[ 英語タイトル ] 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


Product Code : MNMICT00109494
Survey : MarketsandMarkets
Publish On : February, 2021
Category : ICT and Telecom
Study Area : Global
Report format : PDF
Sales price option (consumption tax not included)
Single User USD5650 / Question Form
5 User USD6650 / Question Form
Enterprise User USD10000 / Question Form

[Report Description]

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.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 15
1.4 YEARS CONSIDERED FOR THE STUDY 17
1.5 CURRENCY 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Breakdown of primaries 20
2.1.2.2 Key industry insights 20
2.2 MARKET SIZE ESTIMATION 22
2.3 RESEARCH ASSUMPTIONS AND LIMITATIONS 24
2.4 LIMITATIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE WEALTH MANAGEMENT PLATFORM MARKET 30
4.2 WEALTH MANAGEMENT PLATFORM MARKET, BY REGION 31
4.3 WEALTH MANAGEMENT PLATFORM MARKET, TOP 4 END-USER INDUSTRIES AND REGIONS 32
4.4 LIFE CYCLE ANALYSIS, BY REGION, 2017 33
5 MARKET OVERVIEW AND INDUSTRY TRENDS 34
5.1 MARKET OVERVIEW 34
5.2 INTRODUCTION 34
5.3 MARKET DYNAMICS 34
5.3.1 DRIVERS 35
5.3.1.1 Digitalization and process automation optimizes wealth management practices 35
5.3.1.2 Constant rise in global HNWIs 36
5.3.1.3 Compliance with stringent industry regulations 36
5.3.2 RESTRAINTS 37
5.3.2.1 Higher dependency on traditional methods 37
5.3.3 OPPORTUNITIES 37
5.3.3.1 Rising innovations in the fintech industry 37
5.3.3.2 Adoption of blockchain and AI in the wealth management platform market 37
5.3.4 CHALLENGES 37
5.3.4.1 Lack of awareness about wealth management solutions and inadequate technical expertise among enterprise professionals 37
5.4 INDUSTRY TRENDS 38
5.4.1 USE CASES 38
5.4.1.1 Introduction 38
5.4.1.2 Use case 1: Streamlining operations with the wealth management platform 38
5.4.1.3 Use case 2: Generating up-to-date reports in minimal time and enhancing the customer relationship 38
5.4.1.4 Use case 3: Easily managing customer portfolios with the wealth management platform 39
5.5 REGULATIONS FOR THE WEALTH MANAGEMENT INDUSTRY 39
5.5.1 MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE (MIFID) 39
5.5.2 ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE (AIFMD) 39
5.5.3 FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA) 39
5.5.4 DODD–FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT 40
5.5.5 EUROPEAN MARKET INFRASTRUCTURE REGULATION (EMIR) 40
5.5.6 ANTI-MONEY LAUNDERING DIRECTIVE 2015/849/EU (AMLD) 40
5.6 INNOVATION SPOTLIGHT 40
5.6.1 INTEGRATION OF AI IN WEALTH MANAGEMENT 40
5.6.2 INTRODUCTION OF BLOCKCHAIN IN WEALTH MANAGEMENT PRACTICES 40
6 WEALTH MANAGEMENT PLATFORM MARKET, BY ADVISORY MODEL 42
6.1 INTRODUCTION 43
6.2 HUMAN ADVISORY 44
6.3 ROBO ADVISORY 44
6.4 HYBRID 45
7 WEALTH MANAGEMENT PLATFORM MARKET, BY BUSINESS FUNCTION 47
7.1 INTRODUCTION 48
7.2 FINANCIAL ADVICE MANAGEMENT 49
7.3 PORTFOLIO, ACCOUNTING, AND TRADING MANAGEMENT 50
7.4 PERFORMANCE MANAGEMENT 51
7.5 RISK AND COMPLIANCE MANAGEMENT 51
7.6 REPORTING 52
7.7 OTHERS 53

8 WEALTH MANAGEMENT PLATFORM MARKET, BY DEPLOYMENT MODEL 55
8.1 INTRODUCTION 56
8.2 ON-PREMISES 57
8.3 CLOUD 57
9 WEALTH MANAGEMENT PLATFORM MARKET, BY END-USER INDUSTRY 59
9.1 INTRODUCTION 60
9.2 BANKS 61
9.3 INVESTMENT MANAGEMENT FIRMS 62
9.4 TRADING AND EXCHANGE FIRMS 62
9.5 BROKERAGE FIRMS 63
9.6 OTHERS 64
10 WEALTH MANAGEMENT PLATFORM MARKET, BY REGION 65
10.1 INTRODUCTION 66
10.2 NORTH AMERICA 68
10.2.1 BY ADVISORY MODEL 70
10.2.2 BY BUSINESS FUNCTION 70
10.2.3 BY DEPLOYMENT MODEL 71
10.2.4 BY END-USER INDUSTRY 71
10.2.5 BY COUNTRY 71
10.2.5.1 United States 72
10.2.5.2 Canada 73
10.3 EUROPE 74
10.3.1 BY ADVISORY MODEL 74
10.3.2 BY BUSINESS FUNCTION 74
10.3.3 BY DEPLOYMENT MODEL 75
10.3.4 BY END-USER INDUSTRY 76
10.3.5 BY COUNTRY 76
10.3.5.1 Germany 77
10.3.5.2 Italy 77
10.3.5.3 United Kingdom 78
10.3.5.4 Rest of Europe 79
10.4 ASIA PACIFIC 79
10.4.1 BY ADVISORY MODEL 81
10.4.2 BY BUSINESS FUNCTION 81
10.4.3 BY DEPLOYMENT MODEL 82
10.4.4 BY END-USER INDUSTRY 82
10.4.5 BY COUNTRY 83
10.4.5.1 China 83
10.4.5.2 Japan 84
10.4.5.3 India 84
10.4.5.4 Rest of Asia Pacific 85
10.5 LATIN AMERICA 86
10.5.1 BY ADVISORY MODEL 86
10.5.2 BY BUSINESS FUNCTION 87
10.5.3 BY DEPLOYMENT MODEL 87
10.5.4 BY END-USER INDUSTRY 88
10.5.5 BY COUNTRY 88
10.5.5.1 Brazil 89
10.5.5.2 Mexico 89
10.5.5.3 Rest of Latin America 90
10.6 MIDDLE EAST AND AFRICA 91
10.6.1 BY ADVISORY MODEL 91
10.6.2 BY BUSINESS FUNCTION 92
10.6.3 BY DEPLOYMENT MODEL 92
10.6.4 BY END-USER INDUSTRY 93
10.6.5 BY SUBREGION 93
10.6.5.1 Middle East 93
10.6.5.2 Africa 94
11 COMPETITIVE LANDSCAPE 95
11.1 OVERVIEW 95
11.2 PROMINENT PLAYERS IN THE WEALTH MANAGEMENT PLATFORM MARKET 96
11.3 COMPETITIVE SCENARIO 97
11.3.1 NEW PRODUCT LAUNCHES AND PRODUCT UPGRADATIONS 98
11.3.2 PARTNERSHIPS AND COLLABORATIONS 99
11.3.3 BUSINESS EXPANSIONS 100
11.3.4 ACQUISITIONS 101

12 COMPANY PROFILES 102
(Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View)*
12.1 SS&C 102
12.2 FISERV 105
12.3 BROADRIDGE 108
12.4 FIS 111
12.5 PROFILE SOFTWARE 114
12.6 TEMENOS 117
12.7 SEI INVESTMENTS COMPANY 119
12.8 INVESTEDGE 121
12.9 FINANTIX 123
12.10 COMARCH 125
12.11 OBJECTWAY 127
12.12 DORSUM 129
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 130
13.1 KEY INSIGHTS OF INDUSTRY EXPERTS 130
13.2 DISCUSSION GUIDE 131
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 135
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 137
13.5 AVAILABLE CUSTOMIZATION 138
13.6 RELATED REPORTS 138
13.7 AUTHOR DETAILS 139

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