The 2023 edition of the prestigious WealthTech100 list has been published by specialist research firm FinTech Global, highlighting the companies at the forefront of innovation

by James · April 4, 2023

LONDON, April 4, 2023 /PRNewswire/ — Substantial change is sweeping the wealth management industry. FinTech Global, a specialist research platform for all things FinTech, has released its fifth annual WealthTech100 list to help investment firms, private banks and financial advisors identify the most innovative technology companies.

WealthTech100 logo

The list aims to highlight the technological innovation leaders in WealthTech and which business models will have a lasting impact. The selection process is always difficult, but as competition and customer demands increase, this year’s selection process proved even tougher.

A panel of analysts and experts scrutinized research on 1,200 companies to identify the 100 finalists to make the industry-leading list. Research on these companies was compiled by FinTech Global.

The winners were selected based on their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the investment value chain.

Accelerated by the Covid-19 pandemic, the wealth management sector is rapidly accelerating its digitization strategies. Customers are now demanding exceptional digital experiences and want personalized offerings rather than a one-size-fits-all approach. With this context, asset managers have steadily increased their spending on technology and tools that differentiate them from the competition. WealthTech100 helps businesses gain detailed insight into some of the world’s leading WealthTech solutions.

According to FinTech Global director Richard Sachar said: “The collapse of Silicon Valley Bank and Credit Suisse has shown how firms cannot rely solely on their reputation to survive. Customers are demanding more streamlined and personalized offerings and are more than willing to switch providers in search of this. Investment firms, private banks and financial advisers must keep pace with innovation, and the fifth annual WealthTech100 list provides executives with all the important information they need to identify the companies and technologies that are leading the market.”

Some of the innovative companies listed in the new WealthTech100 list are: Above, additive, CAIS, Croesus, Embar, ERI, Etops, FinaSoft, Fincite, Finfox, Flanks, GBST, GrowthInvest, Harvest, IntellectAI, InterGen Data, Jacobi, La Meer, Lumenai Investments, money info, NewBanker, NICE Activate, noooo finance group, Ortec Finance, PSplus, PureFacts, Quantfolio, Refinitive, Temenos, Tindeco, Velexa and WealthObjects.