Whereas other sectors of the financial services industry are experiencing an increase in market consolidation, we are seeing this trend reverse across the wealth management sector. This decrease in market concentration has come about as wealth management firms of all sizes are able to offer clients a wide range of investment solutions. And, as many of the wealth management software solutions, including Financial Objects’, are now available to firms of all sizes, even the smallest boutique operation can benefit from access to powerful portfolio management and reporting tools. This means that they can increase the volume of assets under management, without the corresponding increases in headcount.

However, many wealth management organizations are opting to concentrate on the areas that they do best and outsource many of the more administrative and back office processes to third party administrators (TPAs). Some wealth management organisations even choose to outsource aspects of their reporting requirements.

The result of these changes in doing business is that TPAs are experiencing an upsurge in their business and changes in the types of functions that they are being asked to perform by their customers. In order to meet this demand and reap the benefits of economies of scale, TPAs need to invest in investment management and administration solutions which will help them to manage their business more effectively.

Financial Objects provides a number of solutions for TPAs from the latest in front office portfolio management and reporting capabilities to back-office administration systems and investment management platforms.

Use the menu on the left or click on the descriptions below to find the solution that best suits your requirements:

• Customer relationship management – needs analysis and risk profiling
• Portfolio construction and asset allocation
• Portfolio management
• Performance and risk assessment
• Client reporting – document design, production and distribution

• Manages all client and market facing data - delivering it to the right people at the right time to improve efficiency throughout the wealth management lifecycle
• Sophisticated reporting tool for client and management reporting