Algorithmics’ Investment Design for Wealth Managers will help users to construct, monitor and rebalance investors’ portfolios as well as differentiate their services.
Dr Andrew Aziz, executive vice president of Buy-Side Risk Solutions at Algorithmics, said that the solution has tailored the firm’s existing solutions and has added more function to meet the specific needs of wealth managers.
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"The solution uses our proven powerful risk/return analytics to provide core capabilities ranging from monitoring and regulatory compliance with MIFID to advanced, customized financial planning," Aziz adds.
Available in three editions – Monitoring and Reporting, Standard, and Enterprise – the solution targets the wealth management divisions of private and retail banks.
Each edition has been specifically designed to address the needs of all size of wealth managers.
Paolo Sironi, senior director, Wealth Management Solutions, Algorithmics, said that for the first time, with structured products wealth managers will have actionable insight into the risks and opportunities in their clients’ portfolios.
"Our solution provides insight into how these actions should drive investment decision-making in order to meet clients’ investment objectives over multiple time periods. Our clients will be able to capitalize on improved risk awareness in order to optimize return; this is a leading factor which will differentiate individual wealth managers in the industry," notes Sironi.
