Wealth Management Software Market

1. Wealth management software is a tool used to streamline enterprise financial and back office operations. It is used by several companies which are involved in conducting financial activities, such as investment management firms, trading and brokers, and banks. Wealth management platforms are designed to improve the performance of advisory tools. This is intended to meet global strategic wealth management processes and fundamental customer-specific needs. The major factors boosting the growth of the market include the increasing number of high-net- worth individuals (HNI) and increasing need for managing financial information in a stringent regulatory environment. Financial markets are highly subjected to stringent regulatory requirements. The Foreign Account Tax Compliance Act (FATCA) is one of the crucial regulations for financial institutions. FATCA is a US federal law passed by Congress in 2010. This is intended for targeting non-compliance by the US taxpayers that are using foreign accounts. The act requires foreign financial institutions (FFIs) to report to the Internal Revenue Service (IRS) information regarding financial accounts held by the US taxpayers, or by foreign entities in which the US taxpayers hold a substantial ownership interest. (Get 15% Discount on Buying this Report) Get Report Sample Copy @ https://www.omrglobal.com/request-sample/wealth- management-software-market Moreover, financial institutions continuously struggle with the changing fiduciary standards and compliances that restrict their work efficiency. This, in turn, increases the need to adopt solutions that caters to changing needs. The use of wealth management software enables users to store and capture information and documents electronically. This allows to quickly access data and documents and ensures content security while supporting to proactively manage regulatory compliance. Moreover, wealth management firms are working towards augmented reporting tools to further improve the entire advisory process, which, in turn, is offering significant opportunity for the growth of the market. A Full Report of Global IoT Sensors Market is Available at: https://www.omrglobal.com/industry-reports/wealth-management-software-market Market Segmentation Global Wealth Management Software Market by Advisory Model

2. Human Advisory Robo Advisory Hybrid Advisory Global Wealth Management Software Market by Deployment Cloud On-Premise Global Wealth Management Software Market by End-User Trading & Exchange Firms Brokerage Firms Banks Investment Management Firms Regional Analysis North America United States Canada Europe UK Germany Italy Spain France Rest of Europe Asia-Pacific China India Japan

3. Rest of Asia-Pacific Rest of the World Company Profiles aixigo AG Aptitude Software Group PLC Broadridge Financial Solutions, Inc. Comarch SA COR Financial Solutions Ltd. Dorsum Co. Ltd. Ebix, Inc. eFront SAS Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For https://www.omrglobal.com/report-customization/wealth-management-software-market More Customized Data, Request for Report Customization @ About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404