Wealth Management Terms

Wealth Management and WealthTech is a constantly changing landscape. It can be hard to keep up. Our handy glossary has been designed to help you get to grips with some of the words and terms you might come across – with short, straight-forward definitions. We hope you find it useful.


What is SaaS? SaaS, or Software as a Service, is a cloud computing model where software applications are hosted and provided to users over the internet on a subscription basis.


What is scalability in wealth management? Scalability in wealth management systems is the ability of software or a system to handle increased workloads and grow efficiently without significant performance degradation.

Source of Wealth (SoW)

What is source of wealth?  Source of wealth (SoW) refers to the origin of a person's wealth or the legitimate sources from which their assets were acquired.

Suitability (Investment Suitability)

What is suitability in wealth management? Assessing suitability of a wealth management client is the requirement that investment recommendations or strategies provided to a client align with their financial goals, risk tolerance, and other relevant factors.

Swiss Data Protection Act (nFADP)

What is the Swiss Data Protection Act? The Swiss Data Protection Act (nFADP) is a data protection law that governs the processing of personal data in Switzerland and protects individuals' privacy rights.

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