Iveagh Private Investment House has selected Third Financial Software’s tercero Wealth Workstation platform to manage its family clients and funds.
The platform’s open architecture helps in migrating from legacy applications and integrating to Iveagh’s current custodian, Brown Brothers Harriman.
Third Financial will provide Iveagh with a full wealth management platform, which will include the tercero Investment Management System, as well as customer relationship management, compliance, document management and reporting solutions.
Iveagh’s investment and client managers will be able to access all functionality and gain a consolidated view.
Leigh Bennett (pictured), head of operations at Iveagh, says: "Our expanding client base and the increasing emphasis on high quality, consolidated reporting expected by our clients, meant that we needed a platform which easily integrates client and investment data. Third Financial, with its tercero Wealth Workstation and strong industry expertise, was the only provider we found to offer a strategic solution tailored to meet the needs of our family clients.
"We expect it to deliver a fast return on investment and the Third Financial team has already migrated our Wealth Fund from our legacy back office on to the platform in four weeks. We are already well on our way to fully completing the project."