Objectway, a specialist in the digital wealth, investment & asset management sector, has been included in the inaugural top 100 WealthTech, a list of the most influential and promising wealth tech companies complied by FinTech Global, a research firm in the financial services industry.
The wealthtech sector is one of the fastest growing verticals of FinTech, having increased five-fold since 2014 to reach USD4.6 billion in funding last year, according to data from FinTech Global.
For this reason, a panel of industry experts and analysts identified the companies to include in the list, reviewing a study of over 1,000 WealthTech companies undertaken by FinTech Global.
The list recognises companies for their market potential and efforts in transforming the wealth and asset management industry and having a lasting impact on it.
The criteria assessed by the Advisory Board and FinTech Global team included industry significance of the problem being solved, company growth, and innovation of the technology solutions in terms of potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients.
“We are particularly proud to be a top 100 WealthTech company,” says Luigi Marciano, Objectway’s CEO and founder, “since this placement derives from independent analysis of our facts and figures, and from competent evaluation of our Extend Wealthtech Suite. Our combination of financial expertise and cutting-edge technology, the end-to-end investments process coverage and the modular front-to-back platform, to start wherever you want and scale along the way, were the key differentiating factors for our presence in the top 100.”