Specialist research company Fintech Global has released its annual selection of the world’s top wealthtech firms, recognizing 2022’s 100 most innovative technology solution providers shaping the future of the investment industry.
Selected by a panel of analysts and industry experts from a list of more than 1,200 businesses, these 100 wealthtech leaders are recognized for their innovative use of technology to solve significant industry problems and generate efficiency improvements across the investment value chain.
Of the 100 companies that made it into the 2022 WealthTech100 list, 10 are from Switzerland and four are from Singapore, showcasing how these two jurisdictions are maintaining their leadership positions in both the wealth and tech industries. Today, we take a close look at these 14 companies, delving into their offerings and what they have been up to.
Switzerland
AlgoTrader
Founded in 2014, AlgoTrader is a world leader in institutional trading technology for digital assets. Covering the entire trade lifecycle AlgoTrader provides everything a trading company needs to run a fully automated operation, including market data, trading, back testing, reporting and trade reconciliation. Headquartered in Zurich, AlgoTrader has additional offices in New York and Singapore, and operates globally. The company has raised a total of US$12 million in funding.
Avaloq
Founded in 1985, Avaloq is a leader in core banking software, digital banking and digital wealth management. Designed for the new era of financial services simplicity, Avaloq’s solutions help financial institutions harness the power of automation and data science, boost operational efficiency and make their dealings with clients more personalized and profitable. Headquartered in Zurich, Avaloq serves over 150 clients based in more than 30 countries. The company was acquired by Japanese multinational information technology and electronics corporation, NEC Corporation, in 2020 for CHF 2.05 billion.
Etops
Founded in 2010, Etops offers a broad range of solutions and services for the financial industry covering the entire value chain of private banks, asset and wealth managers, family offices and pension funds: from lead generation, customer relationship management (CRM) and on-boarding to portfolio management, compliance, and reporting. The company is headquartered in Cham and subsidiaries are held in Bratislava, Slovakia, and Leviv, Ukraine. Etops has been on an acquisition spree, snapping up Swiss wealthtech startup Evolute in 2020 and German software provider Coryx earlier this year. It claims more than 140 clients that manage a combined CHF 150 billion in assets.
Globalance
Founded in 2011, Globalance is an owner-managed Swiss private bank which invests in future movers. The company has successfully built up SAM Sustainable Asset Management, and what it claims to be the world’s first asset manager for sustainable investments. In collaboration with Dow Jones, Globalance also set a milestone by developing the Dow Jones Sustainability Index. It says it is the first bank in the world to offer portfolios and investment strategies in line with the United Nation’s two-degree climate target.
New Access
Founded in 2000, New Access is a provider of a scalable and modular core-to-digital solution suite designed to meet the specific requirements of the private banking and wealth management industry. Its product includes an advanced and comprehensive wealth management core banking system, a portfolio management system (PMS) and a digital client lifecycle management (CLM) platform. The company claims it supports more than 60 customers globally. It’s headquartered in Geneva with offices in Zurich, France, Singapore and Tunisia.
Sentifi
Established in 2012, Sentifi is an award-winning alternative data provider offering a mature artificial intelligence (AI) platform and investment analytics suitable for all types of retail and institutional investors. Sentifi analyses large volumes of unstructured data from social media, news, and blogs, capturing and making sense of investment signals. The company’s solutions are used by leading financial services organizations to gain unique insights on over 50’000 companies, currencies, commodities, and the events that impact their valuation. Its headquartered in Zurich and has a tech hub in Ho Chi Minh City, Vietnam.
SwissQuant
Founded in 2005, SwissQuant Group develops and delivers intelligent technology products and provides complementary or stand-alone services and consultancy surrounding quant-based technologies. The company’s focus on the core and long-term needs of its clients makes it the partner of choice for local and international financial and industrial clients, including UBS, Deutsche Bank Wealth Management and SIX. It’s a spin-off of ETH Zurich and is based in Zurich and London.
Tindeco
Founded in 2010, Tindeco is the provider of VISION, an award-winning fully integrated investment management platform used by banks, family offices and fund managers. VISION is comprised of the VISION CORE, an intelligent platform that provides portfolio, risk, order and client relationship management modules; and VISION Investments, a suite of modules designed to offer customized investment solutions in an efficient manner. Tindeco operates in Zug and via its subsidiary Tindeco UK in Edinburgh, Scotland.
WealthArc
Founded in 2015, WealthArc is a data-driven wealth management platform. WealthArc drastically reduces the time needed to complete data unification, consolidation, management, reporting, compliance, and other administrative tasks. It also provides connection to a growing network of the world’s leading 80+ custodian banks and highly secured data storage. WealthArc is headquartered in Zurich and closed last year a US$4 million round.
Wize by Teamwork
Founded in 1999, Teamwork is a Swiss company specialized in IT services and solutions. It’s the provider of Wize, an all-in-one wealth and asset management solution. It is a unique web solution dedicated to wealth management players that allows them to manage all aspects of their day-to-day business in a simple and effective way: portfolio management, orders, CRM, regulatory aspects (compliance), invoicing, back office and e-banking access. The company is headquartered in Geneva with offices in Zurich, Montreal, Singapore and Luxembourg.
Singapore
Bambu
Founded in 2016, Bambu is a robo-advisory technology and wealthtech provider for financial institutions and disruptors. Bambu enables companies to make saving and investing simple and intelligent for their clients. The cloud-based platform is powered by Bambu’s proprietary algorithms and ML tools. Bambu serves over 20 financial institutions globally. It’s headquartered in Singapore with a subsidiary in the UK and the US, and Europe, the Middle East and Africa representatives.
BetaSmartz
Founded in 2016, BetaSmartz is a provider of business-to-business (B2B) hybrid digital investment tools. It offers a complete suite of fully customizable business-to-business-to-consumer (B2B2C) white-labelled apps, as well as digital and automation solutions across the front, middle and back office. BetaSmartz offers a modular approach centered around client acquisition, objectives and modeling, investment management, client management and engagement, and data consolidation and management. The company is headquartered in Singapore with offices in Hong Kong and Australia.
AIFMetrics
Founded in 2019, AIFMetrics is a wealthtech platform empowering alternative asset managers to digitally transform and expand into new territories and client segments. AIFMetrics distributes, markets and reports alternative funds inaccessible in the public domain by connecting managers to intermediaries and investors through an enhanced digital experience. The company is headquartered in Singapore and has an office in India.
New Wealth
Founded in 2018, New Wealth is a B2B fintech provider that offers modular white-label solutions focusing on boosting the distribution of mutual funds and wealth management services. Applying behavioral design, data-driven personalization and automated financial advice, New Wealth’s cloud-first solutions foster digital engagement with end-clients, and empower relationship managers with easy-to-use hybrid advisory. New Wealth is headquartered in Singapore with an office in Dubai and an IT developer center in Ho Chi Minh City, Vietnam. The company recently partnered with Swiss regtech firm Apiax to embed actionable compliance knowledge into its software.
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