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Objectway named as a Strong Performer in analyst report on Digital Wealth Management Platforms
Placing as a Strong Performer, Objectway “maintains a thoughtful, innovative roadmap that considers customer feedback, regulatory and technology considerations, and developments in the competitive landscape.”
London, Milan, 13th February 2024 - Objectway has been positioned as a Strong Performer in “The Forrester Wave™: Digital Wealth Management Platforms, Q1 2024”.
According to the report, “wealth management firms should look for providers that: leverage data and analytics to enhance the investor and advisor experience... offer broad access to innovative fintech solutions... [and] communicate a compelling vision focused on technology as a differentiator.”
When assessing Objectway’s strategy, the Forrester evaluation stated that “A key part of this strategy is to embed AI capabilities such as automated recommendations and next best action throughout its offering while using explainable AI to confirm that those embedded capabilities are free of bias. Objectway maintains a thoughtful, innovative roadmap that considers customer feedback, regulatory and technology considerations, and developments in the competitive landscape. Objectway also has a strong partner ecosystem.”
The report also noted that “Objectway’s key strength is its front-end experience, including its investor/advisor portal and its cross-channel capabilities. The advisor portal provides unified perspectives of a customer’s assets under management and total wealth, tracks portfolio risk and cash flows, and offers visuals of a portfolio’s deviation from its targeted allocations. The platform offers real-time collaboration, including secure chat, screen sharing, and remote video communication between customer and advisor.”
Objectway has developed a cloud-based platform that facilitates various client interactions with financial advisors and wealth management firms. To achieve this, the company has incorporated AI capabilities such as explainable AI features, Machine Learning, Investment Science algorithms, Robotic Process Automation, automated recommendations, and next best actions throughout its offering.
"We are particularly pleased with the recognition we have received from our clients. As stated in the Forrester report, ‘Reference customers noted that Objectway is a strong partner during implementation and knowledgeable about how its platform integrates with the customer’s system,’" commented Luigi Marciano, CEO of Objectway Group.
"In an increasingly challenging economic and competitive environment, wealth management firms need tools that help them attract new clients, deliver a better client experience and reduce costs. We believe this recognition from Forrester is further evidence of our commitment to delivering superior scalability for greater performance through our complete, modular, front-to-back platform.”
According to the report, “wealth management firms should look for providers that: leverage data and analytics to enhance the investor and advisor experience... offer broad access to innovative fintech solutions... [and] communicate a compelling vision focused on technology as a differentiator.”When assessing Objectway’s strategy, the Forrester evaluation stated that “A key part of this strategy is to embed AI capabilities such as automated recommendations and next best action throughout its offering while using explainable AI to confirm that those embedded capabilities are free of bias. Objectway maintains a thoughtful, innovative roadmap that considers customer feedback, regulatory and technology considerations, and developments in the competitive landscape. Objectway also has a strong partner ecosystem.”
The report also noted that “Objectway’s key strength is its front-end experience, including its investor/advisor portal and its cross-channel capabilities. The advisor portal provides unified perspectives of a customer’s assets under management and total wealth, tracks portfolio risk and cash flows, and offers visuals of a portfolio’s deviation from its targeted allocations. The platform offers real-time collaboration, including secure chat, screen sharing, and remote video communication between customer and advisor.”
Objectway has developed a cloud-based platform that facilitates various client interactions with financial advisors and wealth management firms. To achieve this, the company has incorporated AI capabilities such as explainable AI features, Machine Learning, Investment Science algorithms, Robotic Process Automation, automated recommendations, and next best actions throughout its offering."We are particularly pleased with the recognition we have received from our clients. As stated in the Forrester report, ‘Reference customers noted that Objectway is a strong partner during implementation and knowledgeable about how its platform integrates with the customer’s system,’" commented Luigi Marciano, CEO of Objectway Group.
"In an increasingly challenging economic and competitive environment, wealth management firms need tools that help them attract new clients, deliver a better client experience and reduce costs. We believe this recognition from Forrester is further evidence of our commitment to delivering superior scalability for greater performance through our complete, modular, front-to-back platform.”
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About ObjectwayBuilding on more than 30 years of business and technology expertise, Objectway is an international wealth, banking, and asset management software and service provider empowering clients to embrace their future challenges while providing great performance today.
The Objectway software and service platform digitalises as-a-service the entire value chain of private banking, wealth, and asset management, thanks to extensive capability, future-proof technology, and strong investment operations expertise. It supports more than 100,000 investment professionals to manage more than €1 trillion in assets.
With over €100 million of consolidated revenue, the Group is a global Top 100 fintech provider (IDC ranking). The Group has a global organisation including over 800 business and technology experts, operating from Italy, UK, Belgium, Germany, Switzerland, Ireland, UAE, and Canada.
Objectway clients include 200+ leading Banks, Wealth Managers, Asset Managers, and Insurers in more than 15 countries.
With over €100 million of consolidated revenue, the Group is a global Top 100 fintech provider (IDC ranking). The Group has a global organisation including over 800 business and technology experts, operating from Italy, UK, Belgium, Germany, Switzerland, Ireland, UAE, and Canada.
Objectway clients include 200+ leading Banks, Wealth Managers, Asset Managers, and Insurers in more than 15 countries.
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Any facts, figures or references stated here are made by the author & don't reflect the endorsement of iU at all times unless otherwise drafted by official staff at iU. This article was first published here on 27th February 2024.
