confidence in Investmaster's private client IT systems by adopting its new
front office wealth management product, Wealthmaster.
Cunningham Coates already uses Investmaster's back office product Wealthmaster Settlement, and the addition of the fully integrated Wealthmaster Front Office system will enable Cunningham Coates's front office staff to carry out a broad range of portfolio management tasks in real time on the same Unix platform utilising a common Oracle database, with a high degree of STP functionality.
Reviewing accounts and portfolios, order management, creation and execution
as well as Capital Gains Tax 'what-if' scenario handling functions are all
available within a Windows based environment.
The Investmaster systems in Cunningham Coates's offices in Belfast are managed remotely from Investmaster's London office, ensuring enhanced security and high availability.
Henry Algeo, the Managing Director of Cunningham Coates said: "The inherent
scalability of Investmaster's product range makes a sophisticated tool like
Wealthmaster economical for all sizes of private client stockbrokers. Running both Wealthmaster products together allows us to offer our clients a noticeably improved level of service at a reasonable cost to us and the managed service removes the need to add extra systems skills."
Tom Brady, Managing Director of Investmaster commented: "The fact that all of our current clients have now signed up for Wealthmaster demonstrates a high degree of satisfaction with our products and justified confidence in the abilities of our development team."
Cunningham Coates is a wholly owned subsidiary of NCL Securities Limited, which is also a client of Investmaster.
For further information please contact
Tavistock Communications Ltd
Tel: 020 7600 2288