openPR Logo
Press release

U.S Asset Management IT Solutions: Proliferation of Exchange Traded Funds Drives Market

05-23-2018 02:21 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR - Research Reports

The U.S. asset management IT solutions market is highly competitive due to the presence of several leading players in the market, observes a new report by Transparency Market Research. Due to the low initial capital required a large number of companies are foraying into the market further heating up competition in the market. Low product differentiation is also serving to heat up competition among market players.

Hewlett Packard Enterprise Development LP, FundCount, QED Financial System, ProTrak International, Broadridge Investment Management Solutions, SoftTarget Inc., SimCorp Inc., eFront Financial Solutions, SunGard Finacials, and CreditPoint Software are to name some of the key names in U.S. asset management IT solution market. Key companies are mostly leveraging acquisitions and partnerships in order to garner a greater market share.

Get Sample Brochure at:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16142

The TMR report predicts the U.S. asset management IT solutions market to rise at a CAGR of 5.1% for the forecast period between 2016 and 2024. Progressing at this rate, the market will become worth US$1,298.2 mn by 2024 from US$828.5 mn in 2015. Based on deployment model, on-premise software solutions lead amongst other segments; the segment held 43.6% market share in 2016. In terms of geography, the northeastern region is likely to lead among other regions in the U.S. asset management IT solution market.

Proliferation of Exchange Traded Funds Drives Market

Majorly fuelling the asset management IT solution market in the U.S. is the proliferation of exchange traded funds (ETFs) in the country. ETFs gain preference due to their tax efficiency and high returns. This has upped the demand for asset management IT solutions that can help keep a record of price fluctuations and also provide support to asset manager to maximize returns on an asset.

Get Sample PDF
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16142

The complicated financial regulations of the U.S. government is another key growth driver of the U.S. asset management IT solutions market. “The implementation of compliances, namely Dodd-Frank Act and Foreign Account Tax Compliance Act have resulted in additional reporting requirements from asset managers, which is further bolstering the IT asset management IT solutions market in the U.S.

Further, the rising need for IT solutions for managing equity, real estate, fixed income, commodities, and international investments is another significant factor boosting the adoption of asset management IT solutions in the U.S. As per statistics Department of Commerce in the U.S., in 2015, U.S. asset managers held assets worth more than US$51 trillion of long-term conventional assets, which was slightly over 47% of global funds in the same year.

Get TOC of This Report:
https://www.transparencymarketresearch.com/report-toc/16142

Risk of Loss of Critical Data Challenges Adoption

On the contrary, proving to be a roadblock to the growth of U.S. asset management IT solutions market is concerns over data security. This is because asset management companies store important finance data of large finance institutions and high net-worth individuals, and with digitization of the banking sector and deployment of cloud-based computing, data vulnerability has increased manifold. Rise in cybercrimes is thus limiting the adoption of asset management IT solutions.

Transparency Market Research is into analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.

Unit No.701, 7th Floor,
NSG IT Park, Aundh,
Pune - 411007
India

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release U.S Asset Management IT Solutions: Proliferation of Exchange Traded Funds Drives Market here

News-ID: 1059733 • Views:

More Releases from TMR - Research Reports

Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to

All 5 Releases


More Releases for Transparency

Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August ​09​, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when