Diligend named in the 2022 WealthTech100 list

Apr 20, 2022

Diligend is recognized by FinTech Global in its fourth annual WealthTech 100 list for 2022.

London, United Kingdom Apr 20, 2022 (Issuewire.com) - In what is the fourth annual WealthTech100 list announced, Diligend is recognized as one of the tech companies transforming the global investment and banking industries. The new WealthTech100 list for 2022 is launched today by specialist research firm FinTech Global.

Diligend Collect, for asset owners and wealth manager allocators, digitizes the due diligence and monitoring process. The platform allows research and due diligence teams to automate the questionnaire process, using scoring and flagging to identify risks and data gaps.

Diligend Respond, for asset managers and private equity GPs, automates and streamlines the DDQ and RFP response process. A whole host of features mean Investor Relations teams can respond quickly, more accurately, and comprehensively to investor requests.

The prestigious ranking recognizes the world's most innovative technology solution providers that address the digital transformation challenges and opportunities faced by investment firms, private banks, and financial advisors.

The WealthTech sector has experienced rapid growth over the last two years as the huge increase in digital financial products and remote client communications due to COVID-19 restrictions has accelerated the need for innovation. On the current trajectory, the global WealthTech market is projected to reach $11.9bn by 2030.

Diligend's CEO, Wissem Souissi said "Being included in the WealthTech100 list is a great achievement for Diligend. We're told that the competition was stiff this year and consisted of over 1,200 businesses. It's great that we were recognized amongst so many other WealthTech solutions as solving a significant industry problem, and generating efficiency improvements across the investment value chain, as that's our raison d'etre".

FinTech Global director Richard Sachar said, "The rise of digital distribution channels and online financial products has opened new client segments for investment firms and financial advisors. As a result, businesses that fail to keep up with the latest technologies and innovations will be less competitive and lose market share over time. The WealthTech100 list helps senior decision-makers in the industry filter through all the vendors in the market by highlighting the leading companies in areas such as client acquisition, financial planning, portfolio management, and digital brokerage."

A full list of the WealthTech100 and detailed information about each company is available to download for free at www.WealthTech100.com