 |
Industry: Wealth Management
Insurance-specific wealth management reporting and analytics platform
The management of Wealth in its numerous forms can be an extremely complex and difficult business in itself. Factor in the complexities of multiple distribution channels; re-segmentation of the sales force and multiple product manufacturers, there is no question that, in addition to sound judgement and experience, easy and timely access to accurate information is absolutely essential to successful Wealth Management products and services.
However, easy and timely access to accurate information is easier said than done. For years, Wealth Management teams have struggled with a number of significant challenges. For most insurance companies, these challenges include integrating multiple data sources, ensuring the accuracy and credibility of the data, as well as the difficult development of highly complex reports required to track Source of Funds Analysis, Advisor or Agent Profile Analysis and Investment Vehicles market shares.
What is FellowDSS Wealth Management Analytics?
FellowDSS Wealth Management Analytics is an Analytical Application for Wealth Management designed specifically for the Insurance Industry. FellowDSS Wealth Management Analytics includes pre-built, Investment and Wealth contents which supports the daily reporting requirements of business users and senior executives, as well as empower marketing functions to perform complex analytics in developing new products based on actual sales, client profiles, advisor profiles and performance indicators.
Benefits include:
- Better decision making abilities;
- Quick deployment of new Wealth Management Information both internally and externally (to the Advisors and Agents);
- Timeliness of business decisions based on integrated information;
- Better grasp of real in and out flow of capital in the Wealth portfolio - Source of Funds Analysis;
- One version of truth for Wealth data.
How does FellowDSS Wealth Management Analytics deliver these benefits?
Built on the Insurance Industry's most comprehensive Business Intelligence Platform (FellowDSS Foundation), FellowDSS Wealth Management Analytics benefits from a robust and proven architecture and includes data integration connections to the most popular financial applications. The business and operational pedigree of the FellowDSS Wealth Management Analytics framework is as comprehensive. Working in collaboration with one of Canada's leading Financial Services and Wealth Management providers for over 3 years, SQLiaison has put together specific content to enable a wide array of analytical domains such as:
- Source of Fund Analysis;
- Advisor Productivity analysis;
- Margin Analysis (Loan Transactions and Balances);
- Active contracts analysis;
- Switch Transaction Analysis;
- Charge Type Transaction Analysis;
- Payee Type Transaction Analysis
- Investments Analysis;
- Money at Maturity Analysis;
- Contracts Analysis (Number of contracts, balance, amounts).
For more information on FellowDSS Wealth Management Analytics, please contact us.
Also see
FellowDSS Wealth Management Analytics - Case Study
FellowDSS Foundation - Product Brief
|
|
