The wealth management platform market in SAM is expected to grow from US$ 183.87 million in 2021 to US$ 313.64 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028.
The wealth management platform market is growing swiftly in SAM due to rising security concerns, increasing government support, and elevating advanced technology adoption—especially in developing countries such as Brazil, Chile, Argentina, Peru, and Colombia. Brazil holds more than 50% of the wealth management platform market in SAM and is anticipated to continue its dominance over the forecast period. Many of the companies in the region are opting for these platforms to boost their businesses and profit margins. SAM countries are attracting huge FDIs on the back of low-cost labor availability, and small entry barriers and interest rates. Certain countries in the region have relaxed FDI regulations, thus attracting investments from companies from other countries. Argentina is concentrating on attracting FDIs by easing import restrictions, signing international bilateral agreements, and lifting restrictions from foreign investments.
The growth of environmental, social, and governance guidelines (ESG) is one of the significant trends in SAM, which is impacting the development of the wealth management platform market. With the betterment of liquidity and stability in the region, several industries are concentrating on their expansion in emerging markets. However, emerging markets offer lower liquidity to organizations than developed markets, which compels them to make longer-term investments. This boosts the adoption of advanced and innovative platforms for wealth management that aid valuable insights to users about future market investments. Despite these benefits, wealth management platform providers need to address a few issues for operating seamlessly in SAM. Companies in this region have specific requirements that service providers do not readily provide. Inane acts and decisions of the new generation of entrepreneurs, scarcity of exit strategies, and lack of record of well-established organizations in Latin America have been restricting the adoption of these platforms in the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM wealth management platform market. The market is expected to grow at a good CAGR during the forecast period.
SAM Wealth Management PlatformMarket Revenue and Forecast to 2028 (US$ Million)
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SAM Wealth Management Platform Market Segmentation
SAM wealth management platform market is segmented into advisory model, business function, deployment type, end user, and country. The SAM wealth management platform market, based on advisory model, is segmented into human advisory, robo-advisory, and hybrid. Human advisory segment held the largest market share in 2020. The SAM wealth management platform market, by business function, is segmented into performance management, risk and compliance management, portfolio accounting and trading management, financial advice management, reporting, and others. Portfolio accounting and trading management segment held the largest market share in 2020. The SAM wealth management platform market, by deployment type, is segmented into cloud and on-premises. Cloud-based segment held the largest market share in 2020. The SAM wealth management platform market, by end user, is segmented into trading & exchange firms, banks, brokerage firms, investment management firms, and others. Investment management firms segment held the largest market share in 2020. Based on country, the SAM wealth management platform market is segmented into Brazil, Argentina, and the rest of SAM. Broadridge Financial Solutions, Inc.; Comarch SA; FIS Global; Fiserv, Inc.; InvestCloud; SS&C Technologies, Inc.; and Temenos Headquarters SA are among the leading companies in the market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Wealth Management Platform Market – By Business Function
1.3.2 SAM Wealth Management Platform Market – By Advisory Model
1.3.3 SAM Wealth Management Platform Market – By Deployment Type
1.3.4 SAM Wealth Management Platform Market – By End User
1.3.5 SAM Wealth Management Platform Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Wealth Management Platform Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Wealth Management Platform Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Wealth Management Using Robo Advisors
5.2 Market Restraints
5.2.1 High-Profile Data Privacy and Security Concerns
5.3 Market Opportunities
5.3.1 Long-Term Financial Planning Becoming Popular
5.4 Future Trends
5.4.1 Integration of AI and Analytics in Wealth Management Platforms
5.5 Impact Analysis of Drivers and Restraints
6. Wealth Management Platform Market – SAM Analysis
6.1 SAM Wealth Management Platform Market Overview
6.2 SAM Wealth Management Platform Market Forecast and Analysis
7. SAM Wealth Management Platform Market – By Deployment Type
7.1 Overview
7.2 SAM Wealth Management Platform, by Deployment Type (2020 and 2028)
7.3 Cloud
7.3.1 Overview
7.3.2 Cloud: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
7.4 On-Premise
7.4.1 Overview
7.4.2 On-Premise: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Wealth Management Platform Market – By Advisory Model
8.1 Overview
8.2 SAM Wealth Management Platform, by Advisory Model (2020 and 2028)
8.3 Human advisory
8.3.1 Overview
8.3.2 Human Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Robo Advisory
8.4.1 Overview
8.4.2 Robo Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Hybrid
8.5.1 Overview
8.5.2 Hybrid: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Wealth Management Platform Market – By Business Function
9.1 Overview
9.2 SAM Wealth Management Platform, by Business Function (2020 and 2028)
9.3 Performance Management
9.3.1 Overview
9.3.2 Performance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Risk and Compliance Management
9.4.1 Overview
9.4.2 Risk and Compliance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Portfolio Accounting and Trading Management
9.5.1 Overview
9.5.2 Portfolio Accounting and Trading Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Financial Advice Management
9.6.1 Overview
9.6.2 Financial Advice Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Reporting
9.7.1 Overview
9.7.2 Reporting: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Wealth Management Platform Market Analysis– By End User
10.1 Overview
10.2 SAM Wealth Management Platform Market, by End User (2020 and 2028)
10.3 Investment Management Firms
10.3.1 Overview
10.3.2 Investment Management Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Trading & Exchange Firms
10.4.1 Overview
10.4.2 Trading & Exchange Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Banks
10.5.1 Overview
10.5.2 Banks: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Brokerage Firms
10.6.1 Overview
10.6.2 Brokerage Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
11. SAM Wealth Management Platform Market – Country Analysis
11.1 Overview
11.1.1 SAM Wealth Management Platform Market Breakdown, By Country
11.1.1.1 Brazil Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)
11.1.1.1.1 Brazil Wealth Management Platform Market Breakdown, By Advisory Model
11.1.1.1.2 Brazil Wealth Management Platform Market Breakdown, By Business Function
11.1.1.1.3 Brazil Wealth Management Platform Market Breakdown, By Deployment Type
11.1.1.1.4 Brazil Wealth Management Platform Market Breakdown, By End-User
11.1.1.2 Argentina Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)
11.1.1.2.1 Argentina Wealth Management Platform Market Breakdown, By Advisory Model
11.1.1.2.2 Argentina Wealth Management Platform Market Breakdown, By Business Function
11.1.1.2.3 Argentina Wealth Management Platform Market Breakdown, By Deployment Type
11.1.1.2.4 Argentina Wealth Management Platform Market Breakdown, By End-User
11.1.1.3 Rest of SAM Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)
11.1.1.3.1 Rest of SAM Wealth Management Platform Market Breakdown, By Advisory Model
11.1.1.3.2 Rest of SAM Wealth Management Platform Market Breakdown, By Business Function
11.1.1.3.3 Rest of SAM Wealth Management Platform Market Breakdown, By Deployment Type
11.1.1.3.4 Rest of SAM Wealth Management Platform Market Breakdown, By End-User
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Broadridge Financial Solutions, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Comarch SA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 FIS Global
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fiserv, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 PROFILE SOFTWARE S.A
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 SEI Investments Developments, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SS&C Technologies, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Temenos Headquarters SA
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. SAM Wealth Management Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Brazil Wealth Management Platform Market, Revenue and Forecast To 2028 – By Advisory Model (US$ Mn)
Table 3. Brazil Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)
Table 4. Brazil Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)
Table 5. Brazil Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-User (US$ Mn)
Table 6. Argentina Wealth Management Platform Market, Revenue and Forecast To 2028 – By Solution (US$ Mn)
Table 7. Argentina Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)
Table 8. Argentina Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)
Table 9. Argentina Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-User (US$ Mn)
Table 10. Rest of SAM Wealth Management Platform Market, Revenue and Forecast To 2028 – By Solution (US$ Mn)
Table 11. Rest of SAM Wealth Management Platform Market, Revenue and Forecast To 2028 – By Business Function (US$ Mn)
Table 12. Rest of SAM Wealth Management Platform Market, Revenue and Forecast To 2028 – By Deployment Type (US$ Mn)
Table 13. Rest of SAM Wealth Management Platform Market, Revenue and Forecast To 2028 – By End-User (US$ Mn)
Table 14. Glossary of Terms, SAM Wealth Management Platform Market
LIST OF FIGURES
Figure 1. SAM Wealth Management Platform Market Segmentation
Figure 2. SAM Wealth Management Platform Market Segmentation - Country
Figure 3. SAM Wealth Management Platform Market Overview
Figure 4. SAM Wealth Management Platform Market, By Advisory Model
Figure 5. SAM Wealth Management Platform Market, By Deployment Type
Figure 6. SAM Wealth Management Platform Market, By Country
Figure 7. SAM: PEST Analysis
Figure 8. SAM Wealth Management Platform Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. SAM Wealth Management Platform Market Impact Analysis of Drivers and Restraints
Figure 11. SAM Wealth Management Platform Market, Forecast and Analysis (US$ Mn)
Figure 12. SAM Wealth Management Platform Market Revenue Share, by Deployment Type (2020 and 2028)
Figure 13. SAM Cloud: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM On-Premise: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Wealth Management Platform Market Revenue Share, by Advisory Model (2020 and 2028)
Figure 16. SAM Human Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Robo Advisory: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Hybrid: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Wealth Management Platform Market Revenue Share, by Business Function (2020 and 2028)
Figure 20. SAM Performance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Risk and Compliance Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Portfolio Accounting and Trading Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Financial Advice Management: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Reporting: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. SAM Wealth Management Platform Market Revenue Share, by End User (2020 and 2028)
Figure 27. SAM Investment Management Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. SAM Trading & Exchange Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. SAM Banks: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. SAM Brokerage Firms: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. SAM Others: Wealth Management Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. SAM Wealth Management Platform Market, by Key Country - Revenue (2020) (US$ Mn)
Figure 33. SAM Wealth Management Platform Market Breakdown, By Country, 2020 and 2028(%)
Figure 34. Brazil Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 35. Argentina Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)
Figure 36. Rest of SAM Wealth Management Platform Market, Revenue and Forecast To 2028 (US$ Mn)
- Broadridge Financial Solutions, Inc.
- Comarch SA
- FIS Global
- Fiserv, Inc.
- InvestCloud
- SS&C Technologies, Inc.
- Temenos Headquarters SA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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