Financial technology specialist FIS (NYSE: FIS) has launched a new wealth management platform that gives wealth managers the data and insights they need to better understand and serve the needs of their multi-generational clients.FIS Unity leverages open application programming interfaces (APIs) to provide wealth managers an integrated, 360-degree view of a client’s financial assets across multiple financial providers. Using the system’s industry-leading analytics tools and intuitive dashboards, wealth managers can gain insights into their clients’ investment history, lifestyle changes and investing preferences – enabling managers to offer personalised investment recommendations that meet clients’ current and future needs.
In addition, the platform makes use of advanced data analytics along with fully integrated workflows to automate and streamline processes, enhance efficiency and lower operational costs. The solution is appropriate for wealth management firms, wealth divisions of banks, trust companies, custodians and brokerage firms.
“Unprecedented levels of market volatility have made it more important than ever that wealth managers and advisors have a complete, accurate picture of their clients’ assets and remain connected anytime and anywhere,” says Brian DuVal, Head of Wealth and Retirement at FIS. “During this time, investors still expect accurate, insightful guidance when they need it, and the Unity solution prepares advisors with a rich, holistic view of their clients’ assets.”
AMG National Trust Bank chose FIS Unity to enable its advisors to provide a more personalised experience to the clients it has been serving for more than 45 years.
“We serve multiple generations of clients who all have very different expectations when it comes to investing,” says Don Seacrest, SVP Operations at AMG National Trust Bank. “By modernising our wealth management system on the FIS Unity platform, we will be better able to address those differing needs and grow those relationships.”