Prospero 365 Independent Asset Management / Family Office

Prospero 365 Independent Asset Management / Family Office is a cost-effective solution with all the financial planning functionality you need. You can replicate portfolios held at your clients’ financial institutions, trade any financial instrument and easily calculate fees—thereby streamlining your processes to improve efficiency, gain productivity and increase profitability.

Highlights:

  • Consolidate portfolios held with different financial institutions
  • Connect to your custodian banks and update positions electronically
  • Capture trades for online routing to brokers or banks–thereby eliminating faxes and double capture, making calls unnecessary, and offering a full audit trail of orders (and less automated methods are available for brokers and banks that do not offer online routing)
  • Lets you trade any kind of financial instrument and create single or bulk orders directly from investment plans
  • Allows you to create model portfolios and rebalance vs. a benchmark or another model portfolio
  • Compares your performance to a benchmark or model portfolio and details performance attribution and contribution
  • Lets you manage several portfolios sharing the same profile with a few clicks of a mouse
  • Warns you when investment restrictions are breached
  • Updates all positions instantly in a single system
  • Calculates fees and commissions, and compares them to those charged by other firms
  • Calculates and tracks trailer fees on products and assets under management
  • Can be accessed by clients online through a secure web connection
  • Stores all legal documents, including correspondence and financial plans, in one place
  • Stores leadsclient information, investment profiles, and contact reports in a CRM module
  • Lets you add features and products as your requirements change
  • Includes a flexible, graphical reporting feature that displays results and creates fact sheets and consolidated statements
  • Gives your reports your firm’s look and feel and adds a personal touch to your client relationship

Web Enabled Dashboard:

Prospero Independent Asset Management / Family Office solution is also a user-friendly, web-enabled dashboard for client-facing finance professionals such as relationship managers, third-party asset managers, and their clients.

Web Enabled Access:

  • Manage and restrict both employee and client access over the web as needed
  • Provide web access with the highest encryption and latest security protocols

Brand the system as your own:

  • Brand the online access page as your own
  • Include your company name, product name, domain name and logo
  • Receive RSS feeds
  • Share podcasts

Flexible installation options:

  • Host onsite (in your office) or remotely (online)
  • Data is securely stored and safe from breaches with both options

Benefits:

  • Short time to market: rapid implementation
  • Easy configuration: set-up is done through tables. No code and scripts are required
  • Flexible workflow settings: orders routing is flexible. Orders are routed from one department to the other with different authorization levels with pre-trade checks
  • All financial instruments coverage: any type of financial instrument including structured products and derivatives
  • Compliance and investment restrictions: online checks with warning or blocking messages, pre-trade or post trade reporting and alert to compliance officers
  • Audit: full audit trail of changes
  • Reporting: integrated report generator 
  • Intelligent Rules and Conditions engine: set-up any type of commission, any workflow, any fee schedule, any tax regulation using flexible tables
  • Implement at your pace: rollout Prospero in phases or by replacing entirely your system in one-go
Product and service specifications
Charging basis for consultancy work
• N/A
Database
• Oracle
Language used
• C#
• Java
Operating system
• AIX
• HP-Unix
• Linux
• Solaris
• Windows 2012
Pricing structure
• Per seat
• Other
User interface
• GUI
• Web
Tags:
IAM, independent asset management, family office software, IAM software, sage sa, sage prospero, sage prospero family office, prospero family office, software for independent asset managers, software for independent financial advisors