Bricknode has been awarded a place on the WealthTech100 list for 2023, launched today by specialist research platform FinTech Global. This list is a ranking of the world's most innovative technology solution providers that support investment firms, private banks and financial advisors with their digital transformation efforts.
The fifth annual WealthTech100 list was decided by a panel of analysts and experts after voting on a list of over 1,200 companies. The finalists were selected based on their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the investment value chain.
In the investment management sector, inflation, interest rates and geopolitics are contributing to a more complex investment environment. Meanwhile, consumer demand for digitalisation and sustainability are putting pressure on firms to adapt and innovate. Embracing technology and innovation is now more critical than ever for wealth managers to ensure long-term success.
Erik Hagelin, co-CEO, Bricknode, said: "We're delighted to have made the WealthTech100 list for the second year running. Innovation can be a daunting task for wealth management firms, especially when it comes to upgrading well-established systems and technology. The reality is that cloud technology and APIs are helping firms transform their operations faster and more easily than ever before."
Richard Sachar, Director, FinTech Global, said: "At a time when not even the giants like Silicon Valley Bank and Credit Suisse are safe, it is vital banks and investment firms have the best technology behind them. On top of this, customers are demanding better and more streamlined engagements, and are more than happy to switch to a provider that offers this. This WealthTech100 list will equip senior-level leaders in financial institutions with detailed information on some of the most innovative companies in WealthTech."
The full 2023 WealthTech100 list with detailed company information is available to download for free at wealthtech100.com (https://fintech.global/wealthtech100/).