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