Gartner Insights Abstract

Product Leader Guide to Market Data & Analytics in Wealth Management

Published: 25 July 2024

Summary

Vendors are not meeting CIOs’ need for market data and analytics tools capable of supporting nonmarket data, resulting in more CIOs building rather than buying these tools. Product leaders can use this research to align their product capabilities with clients’ new expectations.

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Overview

Key Findings
  • The percentage of wealth management IT leaders in the 2022 Gartner Financial Services Technology Survey indicating they intend to invest in market data and analytics (D&A) tools increased to 54% from 31% in the 2021 survey.

  • Forty-three percent of IT leaders in the 2022 survey plan to build their market D&A solution, compared to 27% in the 2021 survey. And only 16% of participants in the 2022 survey indicated their intention to partner with a vendor to develop a solution compared to 27% in the 2021 survey.

  • Services buyers participating in the 2024 Gartner Digital Business Buying Drivers Survey

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Analysts:

Chuck Thomas

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