To help wealth management firms navigate a rapidly evolving market landscape, Everest Group has unveiled a comprehensive series of Supplier Intelligence Playbooks focused on front-to-back modernization.
These reports provide strategic clarity and actionable guidance across three critical domains of transformation: front-office transformation, middle-office reinvention, and back-office optimization.
Amid shifting client expectations, complex regulatory demands, and accelerating technology adoption, the playbook series equips wealth managers, technology providers, consulting firms, and platform companies with the tools to identify modernization triggers and define future-state transformation pathways.
The three-part playbook series includes:
- Front-office Transformation:
Examines how firms are reimagining client acquisition, onboarding, and advisory workflows using generative AI, behavioral intelligence, and unified advisor platforms. The report guides organizations in shifting from reactive service models to proactive, hyper-personalized engagement.
- Middle-office reinvention:
Focuses on portfolio construction, investment research, and risk reporting. It highlights the emergence of the middle office as a strategic control center, powered by real-time data, AI-driven rebalancing, and explainable analytics.
- Back-office optimization:
Explores how back-office operations, including trade processing, fund accounting, and asset servicing, are being transformed through automation, tokenization, and modular platforms. The report emphasizes compliance, speed, and scalability.
Strategic value for the ecosystem
The playbooks are designed to support a wide array of ecosystem participants, including technology providers, wealth platforms, advisory partners, and enterprise leaders. Key components of the series include:
- Process-level diagnostics to identify friction points
- Insights on emerging technologies such as AI, APIs, and cloud-native tools
- Future-state blueprints that illustrate next-generation business function models
- Ecosystem role mapping to clarify platform participation and enterprise contributions
Ronak Doshi, Partner, Everest Group:
“Front-to-back modernization is no longer a choice; it’s a strategic imperative. With this series, we provide a structured approach to help firms modernize with purpose and precision.”
Everest Group forecasts the wealth management technology market will reach US$77.4 billion by 2030, driven by AI-led personalization and enterprise-wide transformation efforts.
