The May 2022 Aite-Novarica report Wealth-Management-Focused Core Banking Systems in Europe and Asia by Meghna Mukerjee and Wally Okby provides a market overview, highlighting trends, challenges, and functionality priorities for wealth managers replacing core banking systems. It examines vendor landscapes, leading providers, and implementation firms, along with deployment options and pricing dynamics. The report includes revenue, profitability, growth rate, and client distribution analyses, and explores IT spending projections. It emphasizes the strategic importance of core banking modernization for operational efficiency, client retention, and competitive positioning in the wealth management sector.

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