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Capgemini is recognized as a Horizon 3 Market Leader in HFS Horizons Best Service Providers for Asset and Wealth Management, 2024 report

05 Feb 2024

Capgemini announced that it has been recognized as a Horizon 3 Market Leader in HFS Horizons, Best Service Providers for Asset and Wealth Management, 2024 report. The report evaluated 22 service providers, across the HFS Asset and Wealth Management value chain, based on a range of industry specific and horizontal dimensions.

The Report assessed how well service providers are helping their asset and wealth management clients across the globe embrace innovation and realize value. As a Horizon 3 Market Leader, Capgemini demonstrated its ability to support AWM firms across the journey from functional digital transformation to enterprise-wide modernization to creating new value through ecosystems. These leaders’ characteristics include deep industry expertise across the AWM value chain, a full-service approach across consulting, IT, and operations, a strong focus on innovation, internally and externally with partners, co-innovation with clients and partners, and proven impact and outcomes with AWM clients around the world.

We would also like to emphasize the distinctive strengths that set Capgemini apart as an exceptional choice among various service providers evaluated in this report:

  • Value proposition: Leveraging domain and global delivery of IT and business services to help AWM firms modernize, manage costs, and drive growth.
  • Growth proof points: After swallowing Altran, the firm has been making tuck-in acquisitions to boost its BFSI domain capabilities, with Chappuis Halder and Quorsus playing directly to AWM. The firm is investing €2 billion in GenAI, yielding AWM-relevant tools like ESG Lens. It is building new and expanded partnerships for AWM firms like InvestCloud and Salesforce.
  • Key differentiators: The firm has deep domain expertise across buy-side subdomains, including AWM product vendors, helping them as both provider and partner. Its annual Wealth Report drives strong POVs for its domain consultants. Its Applied Innovation Exchange helps drive co-innovation with clients and partners.
  • Outcomes: It co-developed an investment data platform for a global custodian, enabling enhanced data management quality and scale. It leveraged its ESG Lens tool to combat greenwashing for an asset management firm.
  • Customer kudos: Clients appreciate its domain knowledge and ability to drive co-innovation.

Capgemini has strategically cultivated AMW specific partnerships with leading entities such as Azqore, Backbase, Clearwater Analytics, Edgelab, FIS, Finacle, Fenergo, Finastra, InvestCloud, Moody’s Analytics, Murex, SimCorp, Temenos and Wealth Dynamix.

Capgemini extends its AWM global presence with a workforce exceeding 9000 employees and operates from over 25 delivery centres spanning North America, EMEA, Southeast Asia, Australia, and New Zealand.

“Changing customer needs, new business models, and expanding offerings in the quest for alpha require modernization investments to enable the future of Asset and Wealth Management (AWM) sector. HFS recognized Capgemini as a Horizon Three Market Leader in our recent report The Best Service Providers for Asset and Wealth Management, 2024 based on its strong mix of industry domain expertise and global delivery of IT and business services to help AWM firms modernize, manage costs, and drive growth. Capgemini’s ongoing investment in its AWM business through acquisitions, new partnerships, and expanded offerings enables the firm provide the most relevant capabilities to its AWM clients amid dynamic market conditions.”

Elena Christopher, Chief Research Officer and Head of Financial Service Research at HFS Research

To view the HFS report, click here.

About Capgemini

Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 350,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2022 global revenues of €22 billion.

Get the Future You Want | www.capgemini.com