Private Banking Software
As the competition for high net worth clients continues to escalate between private banks, each one looks to distinguish itself through internal advantages. Private banks turn to Archway to provide them with a suite of complementary technology solutions and outsourced services to help solve their problems. Whether you’re managing new and complex clients, scaling operations to embrace new employees and locations, aggregating financial information across multiple accounts and asset classes, Archway’s team can help design and build a tailored solution to fit your needs.
Client Complexities:
Clients expect you to deliver sound advice and analysis to help them understand their holdings. The most common questions being, “What do I have?”, “Where is it at?”, and “How did I get here?” Now they ask, “How do we prepare for the future?” And more importantly, “What do I need to do given my situation to reach my financial goals?”
Archway helps you deliver a clear picture of their financial portfolio. This could include such varied reports as:
- Net Worth and Asset Exposure Statements: Liquid and illiquid assets
- Financial Reporting: Balance Sheets, Income Statements and Cash Flow Projections
- Household and Relationship Views: Inter-entity relationships, co-mingled funds and interests
- Daily Cash Values: Checking, money market, savings and broker cash accounts
Operational Demands:
Satisfying your team’s demands can be just as tricky as solving client requests. Each team member has unique concerns. The ease of use, the interface, the output, the flexibility and the breadth of capabilities all come into play when deciding what type of solution works.
Some common problems and questions include, “How do we aggregate assets held in separate bank divisions (private wealth, international wealth and prime brokerage)? How do we manage and track personal assets such as homes, cars, and other illiquids?” With ATWeb your team can achieve the following:
- Multi-Source Aggregation
- Portfolio Valuation
- Portfolio Accounting
- Performance and Attribution Reporting
- Partnership Accounting
- Bill Pay
- Full General Ledger for Financial Statement Creation
- Branding of a Client Portal
Relationship Manager Demands:
Before your relationship managers dash off to the next client meeting or pick up the phone for a conversation, they rely on you to provide them with the technology to easily query, view and understand each client’s financial world. With the ATWeb Manager login, your team can quickly print favorite reports and share documents. Through the Client Portal, team members can easily share documents and relevant financial information pertaining to a client’s accounts and consolidate household accounts, financial data is available whenever they need it.
At the click of a button, ATWeb provides relationship managers with insights to:
- Portfolio Modeling & Rebalancing
- Understanding Top Clients
- Understanding Top Positions by Security Type and Security Class
- Understanding Asset Allocation by Security Type and Security Class
- Understanding Daily Cash Activity
- Understanding Account Performance
Executive Demands:
With the added services private banks are now offering to the affluent, there is a requirement to quickly scale and differentiate themselves. Executives care about competitive differentiators, operational control and scalability – all at the lowest cost possible. By empowering your staff through the capabilities listed above, you can focus on growth, scale, and revenue generation through:
- Enterprise-level Reporting across all Clients
- Outsourcing considerations
- Built-in Fee Engine
- Revenue Tracking by Person, Geography, Location
Please download our collateral or watch a demo of ATWeb.
