The alternative assets industry is significantly transforming as enterprises face mounting pressures from exponential Assets Under Management (AUM) growth, heightened regulatory scrutiny, and increasing operational complexities. With global alternatives on track to surpass US$30 trillion in AUM by 2030, asset managers must upgrade their legacy infrastructure to support modular, cloud-native platforms capable of delivering near-instant reporting, ESG transparency, and digital fund distribution. Regulatory developments, such as the SEC’s 2025 private fund rules and Europe’s AIFMD II, are catalyzing this shift, enforcing tighter requirements around liquidity, performance disclosure, and investor protection. This report provides a comprehensive view of how alternative asset firms – alongside fund administrators, custodians, brokers, and Global System Integrators (GSIs) – are reshaping their IT strategies. Key themes include the adoption of AI-powered NAV and fee engines, real-time data fabrics, RegTech rule engines, and tokenization-ready fund structures. The study explores technology priorities across asset classes such as private equity, hedge funds, real estate, infrastructure, and private credit, highlighting use cases from algorithmic trading to ESG-led carbon dashboards. It also maps strategic actions for stakeholders seeking to capture demand from wealth channels and improve agility across investment and compliance functions. The report offers a detailed roadmap for technology modernization and ecosystem collaboration to ensure long-term competitiveness in a rapidly evolving market.

The Asset and Wealth Management (AWM) space is transforming in terms of democratization of services, transfer of generational wealth, and increased demand for hyper-personalized and digital-first services. There is a growing focus on product and experience innovation to meet the rising demand for unconventional asset classes such as digital assets, cryptocurrencies, and ESG-compliant products. This is happening amid the growing need to manage security and compliance challenges. As AWM firms adapt to evolving client, employee, and advisor demands, AWM IT service providers must prepare to collaborate and deliver innovative solutions at speed and scale. These providers are forging partnerships with technology providers and building solutions within AWM to enhance their service capabilities. They are also investing in tools, accelerators, Centers of Excellence (CoEs), and talent to strengthen their AWM offerings. This compendium provides comprehensive and fact-based snapshots of 29 providers featured on the AWM IT Services PEAK Matrix® Assessment 2023. Each profile offers a comprehensive view of the provider’s vision and strategy, practice size and scale, scope of services and solutions offered, investments, partnerships, case studies, and key strengths and limitations. The compendium will enable providers to benchmark their capabilities against their peers, while enterprises will be able to assess the providers based on their desired set of capabilities. Scope Industry: Banking and Financial Services (BFS) Geography: global The assessment is based on Everest Group’s annual RFI process for the calendar year 2023, interactions with leading technology and IT services providers, client reference checks, and an ongoing analysis of AWM in BFS IT services market Contents In this report, we evaluate 29 AWM IT service provider profiles and include: Key trends in the AWM space Classification of 29 AWM IT service providers as Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework A summary dashboard on providers’ market impact and vision and capabilities An overview of providers’ AWM IT services business – vision, scope of services offered, delivery footprint, practice size and scale, and presence across enterprise segments and geographies An overview of providers’ AWM IT services investments, key solutions/IP, and partnerships Key AWM IT services case studies Providers’ key strengths and limitations Membership(s) Banking and Financial Services Information Technology Sourcing and Vendor Management

The Asset and Wealth Management (AWM) industry is realizing the democratization of finance, with a growing demand for personalized digital experiences and the emergence of new products such as digital assets and ESG-compliant investments. To adapt to evolving customer preferences and meet regulatory requirements, AWM managers are increasingly adopting Digital Experience Platforms (DXPs) to revamp their operations, streamline costs, enhance data management capabilities, and deliver tailored client experiences. By leveraging DXPs, AWM firms aim to provide advisors a comprehensive, real-time view of data through intuitive dashboards, enabling them to deliver better service. The integration of DXPs empowers asset and wealth managers to optimize their processes, personalize client interactions, and create an enhanced advisor experience. DXP providers are addressing functionality gaps through build, buy, and partnership investments, incorporating emerging technologies into their current product offerings. Additionally, they are establishing a robust partnership ecosystem comprising FinTech point solutions, technology providers, WealthTechs, and consulting and implementation partners to drive commercial and GTM innovations. In this compendium, we provide detailed profiles of 12 leading DXP providers for asset and wealth management in terms of their product vision and capability and market impact. The research will assist buyers in selecting the right-fit technology provider for their needs, while also allowing technology providers to benchmark themselves against each other. Scope Industry: AWM Geography: global Contents This report provides a snapshot of 12 DXP providers’ offerings and capabilities for AWM products and includes the following details: Company overview Recent partnerships and acquisitions Proprietary IP/solutions Market adoption and client portfolio mix Key offerings and investments Client success storiess Providers’ key strengths and limitations Membership(s) Banking and Financial Services Information Technology Sourcing and Vendor Management

In the past few years, customers have rapidly adopted digital technologies. This increased adoption has generated vast amounts of data across channels and platforms. However, it has also amplified risks associated with Financial Crime and Compliance (FCC) as well as Trust and Safety (T&S). Enterprises are now under immense pressure to establish a secure platform that effectively combats fraud and fosters trust with customers. Technological advances have provided fraudsters new avenues to deceive audiences and evade detection for personal gain. In response, companies are actively seeking external assistance, forming collaborations, and investing in the right technologies to combat fraud efficiently. In this report, we present a comprehensive overview of the fraudulent activities that erode trust and contribute to an increase in financial crime. We delve into various types of fraud, the platforms they occur on, and the current industry challenges. Furthermore, we propose viable solutions to overcome these challenges and offer a roadmap outlining the necessary steps for identifying enterprises’ requirements and selecting the most suitable provider, using the Assess, Identify, and Mitigate (AIM) framework. By analyzing the prevalent fraud landscape, understanding platforms where fraud occurs, and addressing current industry challenges, this report equips enterprises with knowledge and strategies to effectively combat fraud. The recommended solutions and the AIM framework provide a practical approach for organizations to assess their fraud prevention needs, identify appropriate solutions, and implement measures to mitigate associated risks. Ultimately, this report serves as a valuable resource for enterprises seeking to safeguard their platforms, combat fraud, and regain customer trust in the digital landscape. Scope Industry: Banking and Financial Services (BFS) and Trust and Safety (T&S) Geography: global Contents In this report, we: Describe prevalent frauds in the industry Present fraud prevention steps and tools Introduce the AIM framework to aid in mitigating fraud Membership(s) Banking and Financial Services Business Process Sourcing and Vendor Management

The Asset and Wealth Management (AWM) industry is seeing the democratization of finance, growing demand for personalized digital experiences, and the emergence of new products such as digital assets and ESG-compliant investments. To adapt to evolving customer preferences and meet regulatory requirements, AWM managers are increasingly turning to Digital Experience Platforms (DXPs) to revamp their operations, streamline costs, enhance data management capabilities, and deliver tailored client experiences. By leveraging DXPs, AWM firms aim to provide advisors with a comprehensive, real-time view of data through intuitive dashboards, enabling them to deliver better service. The integration of DXPs empowers asset and wealth managers to optimize their processes, personalize client interactions, and create an enhanced advisor experience. DXP providers are plugging the gaps in functionality coverage through build, buy, and partnership investments, along with the infusion of emerging technologies in their current product offerings. They are also establishing a robust partnership ecosystem comprising FinTech point solutions, technology providers, WealthTechs, and consulting and implementation partners to drive commercial and GTM innovations. In this report, we assess 12 leading DXP providers for AWM products and categorize them as Leaders, Major Contenders, and Aspirants. The research will help buyers select the right-fit technology providers for their needs, while technology providers will be able to benchmark themselves against the competition. Scope Industry: Asset and wealth management Geography: global Contents This report examines: Twelve DXP providers for AWM products Key trends in the DXP market for AWM products Key enterprise sourcing considerations (strengths and limitations) for each of the 12 DXP providers evaluated Implications for DXP providers Membership(s) Banking and Financial Services Information Technology Sourcing and Vendor Management

The Asset and Wealth Management (AWM) industry is undergoing multiple shifts, including the democratization of services, emergence of new client segments, the great transfer of generational wealth, and higher demand for hyper-personalized and digital-first services. There is also a growing focus on product and channel innovation to address the rising demand for unconventional asset classes, such as digital assets, cryptocurrency, and ESG-compliant products. Alongside, investors are increasingly adopting new channels such as the metaverse and self-service mediums. These themes are playing out amid the growing need to manage security and compliance challenges, higher fee pressures, and increased competition from non-traditional providers. As AWM firms adapt to changing investor and advisor demands, AWM IT service providers are preparing to offer them innovative solutions/services at speed and scale. IT service providers are investing in partnerships with leading AWM technology providers as well as emerging WealthTechs, building solutions/accelerators/frameworks to support AWM clients in their transformation journeys, investing in CoEs / innovation labs to keep pace with emerging themes such as generative AI use cases in AWM, and developing techno-functional talent. In this report, we study the vision & capability and market impact of 29 AWM IT service providers and position them on Everest Group’s proprietary PEAK Matrix® framework as Leaders, Major Contenders, and Aspirants. Scope Industry: Banking and Financial Services (BFS) Geography: global The assessment is based on Everest Group’s annual RFI process for the calendar year 2023, interactions with leading technology and IT services providers, client reference checks, and an ongoing analysis of the asset and wealth management IT services market Contents In this report, we: Examine key trends in the AWM IT services industry Classify 29 AWM IT service providers as Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix®; framework Discuss the IT service providers’ competitive landscape for AWM IT services in BFS Describe the assessed providers’ key strengths and limitations Membership(s) Banking Information Technology Sourcing and Vendor Management