Wealth Managers

Wealth management firms are focused on providing high quality services to a diverse range of high net worth (HNW) clients. The key challenges these organisations face are invariably around automating processes for suitability, compliance, order generation, re-balancing, reporting and on-line servicing. Requirements differ quite significantly from those of private banks and other investment management firms due to the large numbers of clients under management.

The disparate value of accounts and different types of products offered means that whilst the levels of service expectations remain extremely high, wealth managers need to be able to 'industrialise' their processes to maximise their profitability. This puts a very strong focus on CRM for client management, correct profiling and the suitable allocation of assets and investments. It also puts great emphasis on the automated investment processes, compliance and client reporting.

tercero has been designed with the Wealth Manager in mind. The ability to collect and use investor’s information is a critical benefit in using the CRM module. Client profiles, proposals, KYC and suitability information as well as investment parameters can be stored and used in the system. Once stored, the tercero IMS module can monitor client positions against the core client data and advise pre and post trade whether the investment decision fall within the boundaries of the clients profile. tercero reporting finishes the cycle off with high quality reporting in both traditional report packs and on-line methods.