The latest technology news in the wealth management sector from around the world.
The world’s financial planning software market could grow by $4.69 billion between 2022 and 2027, according to research reports' organization Technavio.
The increasing complexity of financial management is a key factor driving market growth, Technavio said in a report.
However, data privacy and security concerns are a drag on growth potential.
The report said that key firms in the financial planning software space covered in its analysis are Accutech Systems, AssetBook, BlackRock, Ebix, Economic Security Planning, eMoney Advisor, Empower Annuity Insurance Co of America, Envestnet, Fin365 Pty, Instream Solutions, InvestCloud, Morningstar, Nest Wealth Asset Management Inc, Orion Advisor Solutions, Quicken, RightCapital, SAP SE, Wealthcare Capital Management, WealthTec, and WealthTrace.