View the article online at http://citywire.co.uk/wealth-manager/article/a754395
Multrees 'empowers' wealth managers with tech portal
by Eleanor Lawrie on Jun 03, 2014 at 10:37
Reporting specialist Multrees Investor Services has launched an interactive web portal, which it said would help wealth managers manage client assets more efficiently.
Multrees Compass offers a suite of integrated services, including content management, portfolio modelling, order management and accounting, multi-level business intelligence reporting, and analytics.
These services can be tailored to each wealth adviser according to their requirements.
'It is crucial that we continue to invest in technology to be able to adapt quickly and efficiently to changes in the wealth management industry. Our clients have unique requirements and their resources are finite,' Multrees chief executive Chris Fisher said in a statement.
'They want easy access to professional information and control over their clients’ investments to provide a premium service that addresses new regulation. We are committed to providing this support so that clients remain at the forefront of the industry.'
Chairman Nigel Pilkington added: 'Multrees has really listened to the industry, thus showing their commitment to supporting clients through dynamic technology solutions, quality products, and effective services that help them to grow their businesses.
'It’s another milestone on the journey, empowering wealth managers to focus on addressing the multiple needs of their clients and to safely and easily navigate the increasingly complex wealth management marketplace.'
Multrees was founded in 2010 by Fisher and Chris Newsam and now has £7 billion under adminstration and has bases in in Edinburgh and London.
The portal has been launched as wealth firms grapple to upgrade their technology systems to meet growing regulatory demands.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
Look up the shares
More from us
- Brewin's £32m hit exposes wealth firms' big tech headache
- Brewin takes £32m hit on failed IT system
- founded in 2010