Financial Simplicity deploys new mass portfolio review document-generation capability

31 March 2010

• Mass, “single batch” client tailored portfolio reviews in moments
• Practice-customised portfolio review documents (including SOA/ROA) for all clients generated in seconds
• Increased focus on strategic compliance and risk management
• Promotes significant cost efficiencies in Fee for Service model

Specialist wealth management technology firm Financial Simplicity today announced the release of ground-breaking portfolio construction capability for wealth advisers and portfolio managers.

Included in the latest release of Financial Simplicity Enterprise Edition is new functionality that:

(1) allows complex, research model-compliant portfolio adjustments to be implemented simultaneously across an entire client base; and, (2) generates the ability to produce client portfolio review documentation according to templates that can be modified, and uploaded, at the time of request

“In this new era of client-centric wealth management, wealth advisers are looking to add demonstrable and quantifiable value to sustain on-going advisory fees. For many, this value-added component is best achieved during the portfolio construction and review process,” commented Stuart Holdsworth, Financial Simplicity Managing Director.

Financial Simplicity Enterprise Edition also helps financial advisers to implement comprehensive portfolio modelling and rebalancing decisions simultaneously; as a result, advisers can implement adjustments for all their clients in one stroke of the key.

“Event drivers for portfolio rebalancing go far beyond the client/adviser interview: It’s imperative that market movements and consequent changes to research (which often mean changes to model portfolios) can be implemented as fast as possible, in an accurate, consistent and repeatable manner,” Holdsworth stated.

The new facilities in Financial Simplicity Enterprise Edition also support an unprecedented level of strategic, dynamic dialogue between wealth advisers and their clients.

“Accuracy and speed in pre-compliant portfolio reviews and effective client communication are all critical to operate a portfolio-based business model efficiently and sustainably,” Holdsworth concluded.

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