M-Files has announced that the company has been recognized as one of the top 100 WealthTech companies of 2024 by FinTech Global. The annual list celebrates leading technology firms transforming the world of wealth management, demonstrating innovation, expertise and excellence in the WealthTech industry.

An independent panel of experts reviewed a list of 1,300 businesses worldwide to select the 100 leading companies tackling industry problems to create a lasting impact in one of the world's fastest-growing sectors. FinTech Global describes those who made the coveted list as "the companies every leader in wealth and asset management, private banking and financial advisory needs to know about as they consider and develop their digital transformation strategies and new customer propositions."

"We take great pride in earning FinTech Global's recognition as a WealthTech100 company," said Antti Nivala, founder and CEO, M-Files. "The M-Files knowledge work automation platform unlocks the power of generative AI and automation to change how knowledge workers operate, enabling them to eliminate information chaos, improve process efficiency and automate security and compliance. Our WealthTech100 distinction exemplifies our dedication to delivering innovations that help wealth and asset management professionals work smarter and achieve more."

M-Files' inclusion in the sixth edition of the WealthTech100 reflects the company's vital role in helping wealth management professionals prepare for the future of work with innovative information management strategies. The M-Files knowledge work automation platform connects repositories and systems involved in the entire document life cycle to provide a 360-degree view of information across an organization. M-Files seamlessly automates entire processes from document creation and management to workflow automation, external collaboration, enterprise search, security, compliance and audit trail.

"As the great wealth transfer takes place, wealth management firms are seeking ways to update their operations to meet the demands of future customers," said Richard Sachar, director, FinTech Global. "While older generations preferred a human touch, younger generations placed quick, simple and digital processes at the top of their requirements. The WealthTech100 list provides senior decision makers with a guide on the best vendors in the market and practical examples of how the latest AI advancements are transforming the investment industry."