The Asia Pacific Wealth Management Software Market Size would witness market growth of 15.9% CAGR during the forecast period (2018 – 2024). The software package for wealth management supports customer management, financial advisory, portfolio management, compliance and client reporting. Wealth management systems such as MoneyWare promote discretionary, non-discretionary and consulting services. The financial advisory firms based in the Asia Pacific developing economies are even more expected to prefer cloud-based wealth management solutions. Cloud deployment benefits, such as easy access to data and flexible payment options, drive the growth over the forecast period.
Increasing demand for software for wealth management from SMEs is expected to boost segment growth in order to fulfil regulatory requirement and to reduce asset cost. The number of SMEs in emerging economies such as India and China is rising and the demand for wealth management software is thereafter increasing. In addition, increased IT infrastructure adoption by such companies will further boost demand to enable digital services to improve their business capabilities.
Based on Deployment Type, the market is segmented into On-Premise and Cloud. Based on Advisory Model, the market is segmented into Human Advisory, Robo Advisory and Hybrid System. Based on Application, the market is segmented into Portfolio, Accounting, & Trading Management, Performance Management, Financial Advice & Management, Risk & Compliance Management, Reporting and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on End User, the market is segmented into Banks, Investment Management Firms, Trading & Exchange Firms, Brokerage Firms and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fidelity Information Services, Comarch, SS&C Technologies, Fiserv Inc., SEI Investment Company, Broadridge financial solutions Inc., Temenos AG, Profile Software, Finantix S.P.A, and Dorsum.
Scope of the Study
Market Segmentation:
By Deployment Type
By Advisory Model
By Organization Size
By Application
By End User
By Country
Companies Profiled
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