Vizolution has been named as one of the world’s most innovative providers of technology solutions for the global investment industry on the inaugural WealthTech 100 list.
The WealthTech 100 identifies the 100 innovative companies that every leader in the wealth and asset management industries needs to know about in 2019.
Vizolution was chosen by a panel of industry experts and analysts who reviewed a study of over 1,000 WealthTech companies undertaken by FinTech Global, a data and research firm. The solution providers making the final list were recognised for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the investment value chain.
“We are very proud to feature in the first ever WealthTech 100 list. Our solutions enable enterprises or incumbent institutions, not only in financial services, but in utilities and telecoms, get a foot up on the innovation ladder and assist in their digital transformation strategies. To be recognised in such illustrious company is a great achievement in itself,” said CEO of Vizolution, Bill Safran.
Over 80% of the WealthTech 100 companies are located in Europe or the United States, demonstrating that the initial wave of innovation in the sector is being led by companies in established financial services centres.
The US, UK and Switzerland lead the way with 29, 22 and 11 companies on the list, respectively. Other countries, large and small, are also beginning to make their mark in the industry, with Australia, Germany, India, Israel, Singapore and Canada all represented.
FinTech Global director Richard Sachar 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.
"The WealthTech 100 companies offer innovative solutions that enhance functions across the entire investment value chain, including client acquisition, portfolio management, investment planning and risk management."
A full list of the WealthTech 100 can be found at www.WealthTech100.com. More detailed information about the companies is available to download for free on the website.