Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Multrees 'empowers' wealth managers with tech portal

1 Comment
Multrees 'empowers' wealth managers with tech portal

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.

The scale of the task was underlined last month when Brewin Dolphin said it would take a £32 million hit on a failed IT system.  

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Dispelling the sustainable investing myths

Dispelling the sustainable investing myths

There's a bit of a buzz around sustainable investing at the moment. We speak to three wealth managers to find out what they think.

Play Inside ETFs: positioning for the Fed rate rise

Inside ETFs: positioning for the Fed rate rise

Natalie Fast discusses how investors are using ETFs to position for a rate rise with guests Irene Bauer from Twenty20  Investments and Markit's Simon Colvin.

Play Wealth Manager Retreat: video highlights

Wealth Manager Retreat: video highlights

The UK's leading wealth management talent gathered at our annual event at the Grove celebrate the best in private client portfolio management.

Wealth Manager on Twitter