Digital Age Wealth Management Report​

Introducing The Market Map for Wealth Management Software

With The Market Map, we are upgrading vendor assessment criteria to help those charged with selecting, scaling or investing in wealth management software solutions to make better informed decisions about what characteristics matter in the digital age.

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In-depth
vendor profiles

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Companies
to watch
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Charts
and tables

Who is this for?

People buying or selecting software looking to access a digital-age framework for assessing external systems and their digital readiness.

VCs / Private Equity and buy-side analysts looking at the digital readiness of potential software investments.

  Strategists interested into consumer, technology and business model trends transforming the wealth management industry.

The Market Map |
Some surprising results

We get very different outcomes compared to conventional evaluation studies. A lot of smaller vendors rise up the rankings thanks to advanced technology and flexible architectures. And for incumbent software vendors, it clearly distinguishes those that have kept up with technology change and those that haven’t.

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The Digital Age Wealth Management Report

Published: February 16th, 2021
What’s inside: 150+ pages; 81 charts and tables; 13 in-depth profiles; 14 vendors to watch; 10 business models.
Includes: The Market Map, a new software evaluation methodology designed to assess the key criteria for systems in the digital age. It takes as its focus the capacity for innovation. More specifically, it looks at two axes: the ability of wealth management software solutions to help firms capitalize on new technologies to improve customer propositions, and the ability of solutions to help firms to adapt or launch new business models for the digital age. The information to make this assessment came from Request for Information (RFI) responses received from the vendors, which were supplemented by vendor demos, channel checks (speaking to customers, employees, experts) and desk research. 

Digital Wealth Management Software Providers Benchmark The Market Map by aperture.co

Choose your option

1

Single-user,
self-service

Icon The Market Map Self-serve Single-user

€490

The report will be used solely by the purchasing individual. Sharing is strictly prohibited.

Pay by Credit Card / Direct Bank Transfer

2

Single-user,
assisted

Includes a dedicated 90-min call with the authors of the report.

Icon The Market Map Assisted Single-user

€1,990

The report will be used solely by the purchasing individual. Sharing is strictly prohibited.

Pay by Credit Card / Direct Bank Transfer

3

Enterprise,
self-service

Icon The Market Map Self-serve Enterprise

€990

The report can be shared exclusively within the organization of the individual who purchases it. Any distribution outside the organization is strictly prohibited.

Pay by Credit Card / Direct Bank Transfer

4

Enterprise,
assisted

Includes a dedicated 90-min call with the authors of the report.

Icon The Market Map Assisted Single-user

€2,990

The report can be shared exclusively within the organization of the individual who purchases it. Any distribution outside the organization is strictly prohibited.

Pay by Credit Card / Direct Bank Transfer

About the authors:

aperture is a strategy consultancy that designs, builds, funds and scales digital era companies. We do this on behalf of incumbents launching new business units, tech startups in hypergrowth mode and universities spinning out commercial projects. Our services consist of consulting, investing and, most importantly, doing. Our collective expertise spans venture investing, equity research of the software industry, corporate strategy and M&A, and growth marketing.

Still undecided?

Leave us your details and we'll send you an extract from the report. This will convince you.
Alternatively, feel free to drop us an email to contact@aperture.co if you have any questions or experience any issues during or after the payment process.

“This report provides a fresh perspective and methodology for how to evaluate software solutions in the digital age. Much overdue and much recommended.” 

Mark Bagnall, former COO and CTO of EFG Private Bank

Digitization in Wealth Management

The wealth management industry is digitizing fast. This is made possible by technology, but is being catalyzed by demographic changes. Trends such as younger people controlling more wealth are changing customer expectations. There is growing demand for new, more contextual, services which deliver higher levels of interactivity and engagement

New business models

Digitization drives innovation, especially around new business models. In our report, we identify 10 types of new business models we expect to become more prevalent in wealth management. These are grouped broadly under demand aggregation, supply aggregation (platforms) and long tail models.

New technology needs

To facilitate these new business models, we expect the architecture of software solutions to change dramatically. To scale and orchestrate many-to-many connections, applications will need to be decomposed into three layers: interaction, orchestration and record-keeping.

Wealth Management Trends 2021
Banking Software Vendors Evaluation Benchmark 2021

Technology evaluations haven’t changed

Vendor evaluations continue to focus on functional breadth and vendor maturity. However, today functionality can be sourced from third party suppliers via APIs and vendor maturity strongly correlates with legacy technology.

So, we have introduced a new evaluation methodology called The Market Map. This looks at criteria we believe are appropriate for the digital age. Specifically, we look at vendors’ ability to enable technology innovation and to enable business model innovation.

Other resources

Learn more about our thinking behind this research, as well as insights from some of the featured companies

Tell me more about The Market Map

Wealth Management Software Providers Benchmark The Market Map by aperture.co 2021