Accolade Distinguishes M-Files as a Leading Innovator in the WealthTech Space

READING, UK, - April 9, 2024 - M-Files, the leader in knowledge work automation, today announced that the company has been recognised as one of the top 100 WealthTech companies of 2024 by FinTech Global, a specialist research firm. 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 GenAI 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 lifecycle 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."

Details about WealthTech100 and the complete list are available at www.WealthTech100.com.

About M-Files

M-Files is the leading platform for knowledge work automation. With the M-Files platform, knowledge workers can find information faster, work smarter, and achieve more. M-Files features an innovative metadata-driven architecture, embedded workflow engine, and advanced artificial intelligence. This enables customers to eliminate information chaos, improve process efficiency, and automate security and compliance. For more information, visit www.m-files.com.