“We would be at a competitive disadvantage without WealthTouch's reports. This is the new industry standard.”
For private banks, deeper insight into a client's total portfolio leads to greater assets under management.
Banks are set up for traditional investment management and reporting, and lack the resources and time to build or adapt systems to handle rapidly evolving reporting demands.
High Operating / IT Costs
Banks typically over spend on manual intervention and retrofit for the UHNW segment because the legacy technology cannot handle new asset classes and financial instruments.
Banks are not configured to provide a client’s complete wealth picture when assets reside with other banks, custodians and managers.
We offer solutions through our information platform called WealthCenter™ to help close the gap between legacy systems and new service needs, at a greater implementation speed and significantly lower cost than other options.