FinTech Subsector Breakdown
Sectors
Overview
Key Trends
• Offers modern traditional banking services with digital platforms for managing accounts, mobile banking applications, and integrated financial products. • Leverages cloud-based software solutions specifically designed to address the financial needs of other businesses. • Analyzes financial data using big data analytics and AI to assess risk, detect fraud, and provide anti-money-laundering solutions. • Offers technology-driven solutions for financial institutions to keep up with complex regulations, automate reporting processes, and deal with the risk of compliance. • Leverages technology in democratizing wealth management through automated investment platforms, including robo- advisors, fractional share investing, and digital wealth management tools.
• Rise of investments in FinTech solutions promoting Environmental, Social, and Governance (ESG) goals. • Growing focus on leveraging AI to empower small and medium businesses. • Increased investment in threat intelligence platforms and automation for proactive risk management. • Protecting data and systems with AI-powered cybersecurity solutions • Continued focus on regulatory technology solutions for financial crime and fraud protection • Using technology to improve the delivery and value of wealth advisory services. • Exploring how AI can further enhance wealth management strategies.
Finance/Banking Tech
Financial Data & Risk
WealthTech
Source: FE Internal Analysis.
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