Kurtosys is pleased to announce that it has been recognised as a leading fintech company, included in the WealthTech 100 2019 list.
The WealthTech 100 is an annual rundown of the most influential companies transforming the wealth and asset management industries produced by FinTech Global. The report was built by a panel of industry experts, whittling down a shortlist of 1,000 companies working within the WealthTech industry to the top 100.
These solution providers were chosen based on their use of innovate technology to solve specific industry problems, or to improve cost savings or efficiency across the investment value chain. Thus, the final showcase is the main companies that leaders in the sector (now receiving investment of around $4.6 billion) need to know.
The main results of the list proved that 80% of the WealthTech 100 companies are based in the USA and the UK (29 in the former, 22 in the latter), whilst the other companies are based in Switzerland, Australia, Germany, Spain, Singapore, Italy, Israel and India.
The report also segmented the companies based on their stage of the investment value chain; the majority (57%) were solutions for client acquisition or servicing, with others including investment planning (55%), portfolio management and rebalancing (54%), and risk and compliance (41%).
What is also interesting is the fact that these providers cover virtually every process within an asset or wealth management firm, from investing tools, to data and analytics, to retirement solutions and B2C robo-advisors.
Fintech Global director Richard Sadar has said: “With the rise of mobile and digital distribution channels, new business models and personal finance consumer propositions, the wealth management industry is undergoing huge change.”
Kurtosys is proud to be a part of this exciting, transformative time for digital in wealth and asset management.
To find out more about all of the companies included in the list, you can download the full report for free over at WealthTech100.com.