ACCESSWIRE
05 Oct 2022, 01:49 GMT+10
NEW YORK, NY / ACCESSWIRE / October 4, 2022 / Leading investment-data platform Pepper (https://onpepper.com) will work with Maglitta Communications, a globally respected technology analysis and content marketing firm based in Cambridge, Mass., to further develop and popularize AssetTech as an important new category within financial technology (FinTech). Pepper has been leading the charge to build the category, estimated to exceed $84 billion in annual spend.
As a first step, Maglitta Communications (www.magcoms.com) has conducted a field study affirming both the category size and double-digit CAGR driven by the need for asset management firms to invest in leading-edge technology that helps maximize ROI, manage risk, and simplify decision-making.
AssetTech is a sub-set of FinTech, an area that garners vast sums of VC investment. In 2021, FinTech companies received $132 billion in investment, outstripping all other areas in technology.
'Partnering with Joe Maglitta will be key to our efforts to create this category,' said Pepper CEO Pulak Sinha. 'Maglitta Communications brings deep expertise in industry analysis, positioning, messaging and the creation of campaigns and content assets that will help powerfully activate our deep knowledge of the Asset Management and Secondaries spaces for the benefit of asset managers and our industry. The company's experience analyzing and promoting transformative technologies and cloud-native tech in general is a perfect complement to our focus.'
Pepper is the only comprehensive platform in the (asset management) market that provides integrated capabilities at every stage, from CRM and deal management through analytics. More than $11 billion of assets are currently being managed on the company's pioneering cloud-native platform. Customers include a 'who's-who' including of up-and-coming asset managers, especially in Alternatives and Secondaries.
'Pepper and Maglitta Communications are ideal partners,' said Maglitta Communications founder Joe Maglitta. 'They have innovative technology for a dynamic and growing vertical category, and outstanding market knowledge. We're excited to work with Pepper and apply our varied experience with successfully helping leading-edge companies and industries grow.'
Fintech analyst and advisor Romi Mahajan added: 'A data strategy coupled with a data platform is key to ensure that the trillions of dollars that investors give the stewardship to asset management firms are well taken care of, invested with wisdom and data, and met with minimal risk. I'm impressed with growth curve of AssetTech.'
As part of the partnership, Joe Maglitta will do a keynote address at the Pepper roadshow event October 6, 2022, in New York City. Industry stalwart Angela Roddell will do the second keynote.
ABOUT PEPPER
Pepper is the leading cloud-native data platform for Asset Managers, with a focus on Secondaries and Alternatives. Running Pepper Inside drives ROI and helps you manage risk. Magiltta Communications is an award-winning analyst and content agency.
CONTACT:
Romi Mahajan
KKM Group
Romi@thekkmgroup.com
SOURCE: Pepper
Get a daily dose of Kansas City Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kansas City Post.
More InformationLANSING, Michigan: Michigan's Department of Natural Resources said by a wildfire in the state has burned through more than 3 ...
ISTANBUL, Turkey: In an interview with Reuters, Willie Walsh, director-general of the International Air Transport Association, (IATA), said airlines are ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...
GRAND ISLE STATE PARK, Louisiana: Almost two years after Hurricane Ida struck the barrier island and destroyed most of its ...
YANGON, Myanmar - A regime court sentenced to death five people detained for their alleged involvement in a deadly August ...
HARTFORD, Connecticut: Following a state Senate debate and vote to approve Connecticut's most comprehensive gun legislation since the laws put ...
LISBON, Portugal: Carsten Spohr, Chief Executive of Lufthansa, has said that as Portugal's government is still debating whether to sell ...
NEW YORK, New York - U.S. stocks were divided on Wednesday, with the technology and industrial sectors parting ways.Tech stocks ...
HOLLYWOOD, California: More than tripling the debut of its 2018 animated original predecessor, Sony Pictures' "Spider-Man: Across the Spider-Verse" opened ...
PARIS, France: European plane manufacturer Airbus is reported to be close to a record agreement to sell 500 narrow-body jets ...
TRAVERSE CITY, Michigan: DuPont, Chemours and Corteva have reached an agreement to pay $1.18 billion to resolve complaints of causing ...
NEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...