The latest news about technology products and services relevant for wealth managers around the world.
InvestCloud, a platform for developing financial digital solutions, last week rolled out a new digital offering for wealth managers and turnkey asset management programs, aka “TAMPs”.
The Los Angeles and London-based business has launched InvestCloud White, built on a single platform on which financial advisors can run an entire business. It provides wealth managers and TAMPs with support for front to back office operations, for functions such as research, portfolio construction, rebalancing, reconciliation, billing, performance reporting, tax optimization, and client reporting. The latest offering from the firm, founded 10 years ago, sits alongside services that support more than $2.0 trillion of assets for over 700 clients.
"The launch of InvestCloud White marks a new opportunity for our clients to instantly gain access to our hundreds of hyper modular apps, with a complete front to back turnkey solution,” Yaela Shamberg, co-founder and chief product officer of InvestCloud, said. “We successfully deployed all components of InvestCloud’s end-to-end digital platform for Westwood, an InvestCloud strategic partner and foundational client,” Shamberg said. “From there, we partnered with Westwood to envision this approach to license the full product suite into one integrated platform.”
The offering was unveiled last week at the Speaking at the InvestCloud Conference in Miami, Florida.