FIS has launched the FIS Investor Providers Suite, an end-to-end answer aimed toward bettering investor servicing for monetary establishments, in addition to various and conventional fund managers.
The system is designed to optimise processing for quicker consumer onboarding and enhanced investor screening, with the potential to automate the investor lifecycle to extend operational effectivity and help regulatory compliance.
The launch comes because the capital markets trade faces rising regulatory necessities and operational challenges.
Joint analysis by FIS and Chartis signifies that the choice property market may surpass US$20 trillion by 2025, creating demand for extra streamlined, technology-driven options.
The Investor Providers Suite is meant for hedge funds, personal fairness, hybrid funds and retail fund constructions.
It gives digital onboarding instruments, together with integration with id verification techniques, and permits customisation of anti-money laundering (AML) and Know Your Buyer (KYC) processes to satisfy necessities in a number of jurisdictions.
Different options embrace money administration features, charge calculation instruments and choices for customised reporting.
Matt Stauffer, SVP and Group Government at FIS, stated:
“Managing investor servicing processes has lengthy been a ache level for fund managers and directors, particularly given rising regulatory calls for, price pressures and consumer expectations for personalised providers. By enabling larger ranges of automation, monetary establishments can streamline their investor servicing lifecycle and place themselves for long-term success in a extremely variable setting.”
Based on FIS, the suite goals to assist fund managers, directors and personal banks modernise operations, with potential advantages for finish traders by way of improved transparency, engagement and decision-making throughout the investor lifecycle.
Featured picture credit score: FIS
