Hargreave Hale chooses Investmaster’s InVantage wealth management platform for complete client view

London - 23 February 2007

Independent stockbroker, Hargreave Hale, has signed up for Investmaster’s new InVantage wealth management platform, giving its wealth managers a single system that encompasses the entire trade lifecycle.

Investmaster is the UK’s foremost supplier of integrated systems for wealth managers and private client brokers and, in January 2007 with the November 2007 compliance deadline fast approaching, it launched InVantage in response to the market requirement for a MiFID ready solution. Investmaster has been hugely encouraged by the interest in InVantage in the short time since launch and long-standing client Hargreave Hale is one of many organisations that have recognised the significant benefits of this modular, intuitive solution.

Stuart Brookes, Director at Hargreave Hale comments, “We recognise the many efficiencies that come from having a single system, using a single data source for the whole trade lifecycle, not least because we know that seamless processes mean we can provide exemplary customer service to our clients, a clear differentiator in the current wealth management market, where competition for business is fierce.”

InVantage includes eight portfolio, trade and client management modules - portfolio management, CGT, settlement, Crest connectivity, trading, document management and reporting. The platform also sees the introduction of Contacts, an innovative new client management module, allowing companies to easily store personal client information records all client contact and track relationships in order to meet regulatory KYC, suitability and appropriateness requirements. InVantage can be configured to meet businesses’ precise requirements as a complete solution or as selected modules to complement existing systems. The fully integrated solution accesses a single data source to minimise data input duplication and to allow easy navigation between modules.

Tom Brady, CEO of Investmaster comments: “MiFID is no longer a moving target and firms are quickly gearing up for the November deadline. InVantage takes much of the pain out of becoming MiFID ready, whilst also providing a seamless and efficient system to clients, with the added flexibility of being able to adapt to a firm’s business and operational needs.”

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