Operational investment drivers

Technology budgets are set to soar even higher until 2025, as firms find ways to deflect competition, reduce risk and costs, and maximise productivity.

Increased competition

The factors spurring further technology investments are numerous and compelling. Arguably the biggest is the number of new entrants in market.


Believe their technology budgets will increase in the next three years.

↑ from 61% of firms in 2021

72% of wealth managers
68% of private banks

Ramping up their technology spend


Overall foresee technology budget cuts

Risk and cost reduction

Improved operational efficiencies are a defence against ongoing margin pressures and a tool for coping with ever-growing regulatory burdens.


See tech as either an extremely or very important means of reducing costs and risks


The average productivity gain from technology investments (Deloitte)

Managed services/span>

SS&C Advent has seen a huge growth in demand for managed services in the UK and elsewhere, including managed portfolio service (MPS) type offerings.

Overall there are still huge efficiencies to be gained through automation.

Bearing in mind that adopting an outsourcing model is a major transformation project; its scale and complexity make hiring of senior digital talent even more crucial.

Read the full Tech & Ops Trends in Wealth Management report 2022 now

About SS&C Advent

With solutions that enable any or all elements of a fully digital operation, SS&C Advent can help you catch up and stay competitive. Our offering includes innovative decision support and construction tools, as well as expert-delivered operational services to ease the burden on middle and back offices. Many of our core solutions are now available as a managed service from Advent Outsourcing Services (AOS).

By continually investing in our platforms and functions we ensure we always deliver positive results for firms’ clients, people, businesses and futures.

SS&C Advent has helped over 4,000 investment firms in more than 50 countries grow their businesses and thrive. Gain investment clarity, simplify complexity and enable full firm digitisation with SS&C Advent.