We are delighted to announce the publication of our UK WealthTech Landscape Report (UK WTLR) for 2023. With our fourth UK WTLR, as with each of the reports published in our ongoing WealthTech Landscape Report Series (WTLRs), our goal is to, first of all, highlight the most relevant and impactful technology topics and trends for the UK wealth management market. Secondly, we want to showcase the depth, breadth, and growing range of technology and related solution providers available to the UK and global wealth management community.
The report is broken down into seven main sections: (1) Data Insights, (2) The Client, (3) The Adviser, (4) The Business, (5) Featured Solution Showcases, (6) Featured Solution Profiles, and (7) the full A-Z Solution Provider Directory.
Data Insights
A collection of relevant data points (from third-party sources) to tell the story of what is happening in the wealth management community in the United Kingdom.
The Client
Features insights from Hargreaves Lansdown, Mishcon Private, Cognizant, aixigo, and CREALOGIX. And includes articles identifying and examining the issues that wealth managers need to consider when it comes to keeping clients happy and thus retaining their business. This is something that is top of mind within the wealth management community; client expectations are high and will only increase as a younger cohort of investors come into wealth.
The Adviser
This section includes insights from Rathbones, additiv, Ortec Finance, Kidbrooke, and InvestCloud. It focuses on examining the ways that the world of the adviser has changed and the tools that they need to do their job well. A large part of this particular puzzle lies in the best way to equip advisers with the digital tools and capabilities to be able to not only communicate with the client at a time and over a channel of their choosing but also, have the means to make that conversation a quality and relevant one.
The Business
This features insights from Ian Ewart, Greengage, First Rate, WealthOS, and Capital Law and looks at the structural and thematic issues that the wealth management community and individual firms need to think about and incorporate into their tactics and strategy. With so much focus on the front end, the business section also covers the equally important back end and the all-important architecture that holds everything together.
Featured Solution Showcases
This year we have introduced a new section. Our Solution Showcases provide a more detailed overview of the business and solution of a specific firm, this year’s report includes individual showcases for FA Solutions, Ortec Finance, Point Group and Wealth Dynamix.
Featured Solution Profiles
UK WTLR 2023 includes full and half-page profiles for additiv, aixigo, Apiax, CREALOGIX, Crypto Index Series, ERI, Ortec Finance, Kidbrooke, InvestCloud, WealthKernel, and WealthOS.
A-Z Solution Provider Directory
This year’s UK Solution Provider Directory includes 786 solution providers relevant to the UK wealth management marketplace, 476 of which are UK-headquartered businesses, while 310 are headquartered overseas but relevant to the UK market.
Online Solution Provider Directory
While this report is a one-time showcase of this market, our online directory is available 24/7, 365 days a year, as a digital host of solution provider profiles, solution profiles, and content. Whatever your profile, this resource has been built according to the business needs of firms in the UK and the wider wealth management community across the world.
Ultimately, the global wealth management community must effectively leverage technology in all business areas to survive and thrive. The need to reach out and collaborate with a multitude of vendors to achieve a broad set of goals across the wealth management community is becoming widely accepted. The missing piece of the puzzle is the visibility between the vendors and the wealth managers – and this is the purpose of The Wealth Mosaic.
We hope you find value in this report and look forward to continuing to bring you more insight into technology and wealth management in the future. If you are interested in being featured in the next issue of this report series, please don't hesitate to get in touch at office@thewealthmosaic.com
Interested in reading the full report? You can read this edition of the UK WealthTech Landscape Report online here.
