Intellect has been recognised as one of the top 100 most innovative WealthTech companies selected from a highly competitive list of over 1200 participants in WealthTech100 awards 2020. This list consists of the world’s most innovative WealthTech companies, which are next-generation solution providers in the investment and wealth management landscape. It helps senior executives and investment professionals evaluate which digital wealth management and financial advisory models have market potential and are most likely to succeed and have a lasting impact on the industry.
Intellect Wealth was assessed by a panel of industry experts and analysts on the following criteria:
- Industry significance of the problem being solved
- Growth, in terms of capital raised, revenue, customer traction
- Innovation of technology solution
- Potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients
- How important is it for executives in asset management, private banking and financial advisory to know about this company?
According to WealthTech100: “The wealth industry has seen huge growth over the last four years as new digital services to oversee personal finances, manage institutional investments and provide financial advice became more prominent. Total funding to the sector grew at a CAGR of 40.7% from $2.8bn in 2016 to over $7.8bn at the end of last year. As a result, the competition to be identified as one of the leading 100 WealthTech companies in the world was even fiercer this year.
“Established investment firms, private banks and advisors need to be aware of the latest innovation in order to remain competitive in the current market, which is heavily focused on digital distribution and transformation initiatives,” said Richard Sachar, director of FinTech Global. “The WealthTech100 list helps them do just that and identify new business models which will have lasting impact on the industry.”
Recognition in this list represents our remarkable achievement in the international market and reaffirms our strong product capability to support wealth management operations across the investment value chain.