Financial Objects, a leading provider of advanced technology solutions for banking, wealth management and energy, today announced that new multi-family office, MaxCap Partners, will licence its activebank Wealth Manager and activebank Orchestrate solutions. Dealing with equities, bonds, private equity, hedge funds and property, London-based MaxCap Partners opted for the Financial Objects wealth management system to bolster the launch of its business and support future expansion.
MaxCap Partners required a fully integrated solution that is quick to implement and easy to use. After careful consideration it chose activebank Wealth Manager and Orchestrate from Financial Objects, which proved the best functional fit for its business.
Based on the Microsoft platform, activebank Wealth Manager can be easily integrated with any custodian system - enabling complete straight through processing. Investment managers at MaxCap Partners will be able to manage specific asset classes, benchmark performance, create investment models, manage customer information and create high quality valuations on a single platform.
By using activebank Orchestrate, MaxCap Partners can fully automate its document management processes and produce high quality reports, valuations and statements, to further improve the service it delivers to clients.
"Given our expansion plans, we needed a scaleable and flexible wealth management solution that can adapt to our evolving business requirements," said Richard Tice, partner at MaxCap Partners. "We're confident that Financial Objects will deliver this - allowing us to maximise productivity, while keeping operational costs to a minimum."
"Being new to the market MaxCap Partners needs to quickly gain a competitive edge and, by enabling it to improve its overall service and performance, our activebank offering will help the company achieve this," said Gary Linieres, sales director at Financial Objects. "These powerful wealth management tools have proven highly beneficial for our customers and will no doubt play a big part in helping MaxCap Partners win and retain clients."