Key Drivers of Enterprise Wealth Management

Enterprise Wealth Management is the ability of an enterprise to drive its wealth management strategy throughout the organization and into the market, and to adjust this strategy on the fly - whether that enterprise is a start-up investment dealer or an established bank.

Enterprise Wealth Management requires that all wealth management processes and data be aligned and integrated around financial advisors and their customers through a single point in order to:

• Collapse businsess silos, eliminate systems and cut costs
• Manage compliance globally
• Provide rich informational investor-level insights (e.g ROR for an entire household)
• Assure data accuracy and enterprise consistency
• Support advisors to deliver excellent levels of client service and, in turn, drive client referrals

Univeris identifies four major key drivers of Enterprise Wealth Management: Share of Wallet, Share of Market, IT Effectiveness and Enterprise Management.

Share of Wallet

A key contributor to "Share of Wallet" is range of products. The more products and plans there are to sell, the more clients can buy and the fewer reasons they have to go to competitors. "Share of Wallet" also depends on the ability to systematically leverage knowledge of the total client to improve service, enhance relationships, identify opportunities and cross-sell effectively.

Univeris has the most extensive and extensible product and plan shelf in the Canadian wealth management industry. Our industry-leading client profiling, portfolio aggregation, off-book asset tracking and built-in practice management functionality enable advisors to manage their businesses better, build stronger client relationships and increase sales.

Share of Market

Time to market often translates into "Share of Market". The faster you can get to the market with new or enhanced products, plans or services, the greater your advantage in using these to attract new clients.

With Univeris, your enterprise wealth management system can be up and running in a matter of months, not years. You can simply beat your competitors to the market.

IT Effectiveness

Univeris is the leading provider of Enterprise Wealth Management systems to the Canadian market and through its EWMS wealth platform it offers full integration of front office, back office distribution and manufacturing - in a single world-class platform. This enables financial services providers to drive their wealth strategies into the marketplace, reduce operating costs and optimize around their competitive advantage.

Financial institutions track and manage vast amounts of critical information and data. Univeris recognizes this and has developed a proprietary implementation methodology that ensures conversions are accurate, seamless and thorough. The Univeris team is expert at ensuring transitions from legacy and competitive systems are transparent. Using its reconciliation engine and other proprietary analytical techniques, data inaccuracies and gaps are detected to ensure 100% data accuracy.

Enterprise Management

Univeris offers powerful reporting capabilities. As line of business concentration gives way to an enterprise focus, leadership needs timely intelligence from clients, products, regions and channels in order to direct effective strategy.

Univeris EWMS standardized reports and analytical tools puts control in your team's hands. Plus, with Univeris you can have real-time access to virtually all system data and a record of all system events.

One of the core requirements of a world-class enterprise wealth management platform is compliance. Unlike other systems, compliance is built right into Univeris solutions. It is the only global compliance platform available and is customizable to address specific client requirements including configurable levels of compliance, monitoring, alerts, interventions and analytics. This removes the legwork and burden of regulatory demands so that financial institutions can focus on customers.