Wealth management fintech firm JHC Systems (JHC) has rolled out a digital wealth platform.
JHC said the service is designed to enable firms to digitise more processes, improve efficiency and enhance the experience of end users to allow wealth managers to focus more on client relationships and retention.
The platform, which is available to wealth management firms of all sizes, draws from one centralised database, which “eliminates the need for inefficient and time-consuming duplication and integration”.
Edward Lopez, chief revenue officer at JHC, said: “Although everyone is keen to make the most of digitisation, firms often try to run before they can walk.
“While other sectors have made strides in their digital capabilities, PwC recently dubbed wealth management ‘one of the least tech-literate financial services sectors’.
“We have seen this first hand so we know that wealth managers need to build from the ground up, making sure that they have the bare necessities in place first.
“Our digital wealth platform provides firms with a solid foundation from which they can start thinking about leaping into the future.”
JHC provides services to a range of wealth management firms, including Davy Private Clients, Charles Stanley, LGT Vestra and Societe Generale Securities Services.
