WealthStation's new capabilities help advisors spend more time with clients and become more effective by bringing multiple processes together into one seamless environment
Salt Lake City, UT (Vocus) June 10, 2008
SunGard today unveiled enhancements to its WealthStation wealth management platform to help firms attract, service and grow client relationships. WealthStation 3.0 includes: a dashboard for viewing client and account activities; intuitive workflows across each step of the wealth management continuum to help improve productivity; data sharing across applications to help streamline processes; and the integration of trading, rebalancing and house holding capabilities.
“In our wealth management and online technology research, improved usability is the most frequent enhancement requested by financial advisors. By integrating wealth management with trading, a better mix of graphical elements and text, and a focus on workflow, the newest version of WealthStation indicates that SunGard is listening,” said Adam Honoré, senior analyst at Aite Group.
WealthStation provides enterprise and advisor tool sets across each phase of the wealth management lifecycle to help wealth management firms assist their advisors with client service. As competition for assets increase, and investors become more sophisticated and expect higher service levels, effectively servicing clients has become a critical differentiator. WealthStation’s tools for client acquisition, proposal generation, trading, rebalancing and ongoing services are an important competitive asset to wealth management firms seeking to grow their businesses through enhanced client service.
Developed using SunGard’s Common Services Architecture (CSA), WealthStation can be deployed to support a single process such as financial planning or as an end-to-end solution. WealthStation’s modules include client management, financial planning, investment management, asset allocation, data aggregation, trading and rebalancing, reporting, client access and compliance.
“WealthStation’s new capabilities help advisors spend more time with clients and become more effective by bringing multiple processes together into one seamless environment,” said Blaine Maxfield, chief operating officer of SunGard’s wealth management business. “Offering both client- and account-centric perspectives to servicing clients, WealthStation helps advisors improve productivity, provides holistic views of information, robust reporting and enhanced data sharing between modules as well as back-office systems.”
SunGard’s WealthStation provides wealth managers with tools to help them acquire, service and grow their client relationships. Integrating client management, financial planning, investment management, asset allocation, data aggregation, trading, rebalancing, reporting, client access and compliance tools into a single platform, WealthStation delivers a flexible architecture to help advisors improve their productivity while providing increased service levels to their clients.
With annual revenue of $5 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world’s 50 largest financial services companies. Visit SunGard at http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo and WealthStation are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
For more information, contact:
Email: adriana.senior @ sungard.com
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