Ranking the Vendors of Wealth Management Technology, 2007: Platforms

by Isabella Fonseca, January 4, 2007


Boston, MA, USA Milan, Italy January 4, 2007

As the vendor market witnesses both consolidation and entrants, Celent evaluates 10 leading platform solutions.

In a new report, Ranking the Vendors of Wealth Management Technology 2007: Platforms, Celent examines 10 leading wealth management platforms solutions in the North American market. The following vendors are included: AdviceAmerica, DST International, Fidelity National Information Services, Finaplex, InvestEdge, NorthStar, Reuters, SunGard, Thomson Financial, and Xeye.

"The sales pipeline for a wealth management platform in North America continues to grow. Financial institutions have budgets and are actively pursuing an integrated approach to wealth management," says Isabella Fonseca, analyst in Celent's Banking group and author of the report. "There is pressure from clients to get projects running in short timeframes, so a modular approach to implementation is crucial. Vendors have had to focus on key modules such as financial planning, portfolio construction, reporting, trading, and compliance to meet clients' requirements," she adds.

The report provides an overview of the wealth management vendor landscape in North America and includes an evaluation of each solution's features and functionalities, strengths and weaknesses, number of clients, financial viability, deployment options, pricing structures, and maintenance and support schemes. The vendors are also ranked using Celent's ABCD methodology.

The 74-page report contains 15 figures and 29 tables. A table of contents is available online.

Members of Celent's Retail Banking and Retail Securities & Investments research services can download the report electronically by clicking on the icon to the left.  Non-members should contact info@celent.com for more information.  

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned operating unit of Marsh & McLennan Companies [NYSE: MMC].

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Table of Contents

Boston, MA, USA Milan, Italy January 4, 2007


Executive Summary 3
Introduction 5
Technology and Vendor Segmentation 7
Market Overview 11
Vendor Preview 12
Vendors Profiles 15
AdviceAmerica, Inc. 15
DST International 19
Fidelity National Information Services 23
Finaplex, Inc. 26
InvestEdge, Inc. 29
Northstar Systems International 33
Reuters 37
SunGard 40
Thomson Financial, LLC 45
Xeye 49
Vendor Comparisons 53
Vendor Rankings 69
Looking Ahead 72
Objectivity and Methodology 73

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