CPAM is part of the private client business of Close Brothers Group, a British merchant bank with an established reputation for independence and innovation. CPAM specialises in managing the investments of HNW individuals (onshore and offshore), their pension funds (SIPPS and SSAS), family trusts and charities.
Martin Andrew, Head of Private Clients at Close explained the rationale for selecting Pulse.
âWe decided to review the systems market in some detail to ensure that we were using the best available solution for us, especially in light of anticipated further growth and development of our business.
We were looking for a cost effective solution that offered increased operational efficiency, greater automation and scope for straight-through-processing and industry leading regulatory compliance and associated reporting.
In addition we wanted a system that could enhance our ability to deal with regulations covering issues such as KYC, product suitability, appetite for risk, TCF and client relationship management.
It was also essential that the solution we chose was based upon a modern technology platform.
Pulse was able to tick all of the boxes.â
Pulse Symphony fully utilises C# / .NET technology to deliver a highly functional and extremely flexible multi-threaded solution to Asset Managers. It can be readily tailored to meet each userâs specific requirements and easily allows data and functionality from multiple internal and external sources to be combined within a single application on the managers desk.
The speed with which Symphony performs even the largest of queries makes it an ideal tool for business management and compliance teams to obtain an immediate view of the business as whole at any time.
Paul Mepham, Business Development Director at Pulse, commented:
âWe are delighted that CPAM has chosen Pulse after undertaking such a rigorous evaluation process over the last few months. We have worked closely together to establish a project plan to meet a demanding set of objectives. We are confident that we are well positioned to deliver a solution that meets all of CPAMâs requirementsâ.