Toronto, April 10, 2019 – The top 100 WealthTech companies of 2019 from across the globe have been identified in the inaugural WealthTech 100 list.
A panel of industry experts and analysts were responsible for identifying PortfolioAid as one of the companies to make the list, reviewing a study of over 1,000 WealthTech companies undertaken by FinTech Global, a data and research platform.
As the WealthTech sector is one of the fastest growing vertical of FinTech, the WealthTech 100 was compiled to give asset and wealth management leaders a clear list of the most influential and promising companies in the space.
FinTech Global director Richard Sachar said, “The WealthTech 100 companies offer solutions that enhance functions across the entire investment value chain, including client acquisition, portfolio management, investment planning, and risk management.”
To make the list, companies needed to be using innovative technology to solve a complex industry problem or generate cost savings or efficiency improvements.
PortfolioAid’s Chief Technology Office, Leigh Kivenko, said, “PortfolioAid is proud to be chosen as one of only two Canadian companies to receive this nomination as it validates the importance of what we do for our clients.”
PortfolioAid develops enterprise B2B software solutions that mitigate regulatory, financial and reputational risk for wealth management firms. It is no longer possible to rely on human oversight alone to ensure that all regulatory obligations are satisfied thus PortfolioAid was founded to ensure that its clients have the right software tools to manage their business effectively.
The full WealthTech 100 list can be found at www.WealthTech100.com and more detailed information about the featured companies is available to download for free.