FIS has launched the FIS Investor Providers Suite, an end-to-end resolution geared toward enhancing investor servicing for monetary establishments, in addition to different and conventional fund managers.
The system is designed to optimise processing for quicker shopper onboarding and enhanced investor screening, with the potential to automate the investor lifecycle to extend operational effectivity and assist 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 belongings 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, non-public fairness, hybrid funds and retail fund constructions.
It gives digital onboarding instruments, together with integration with identification verification techniques, and permits customisation of anti-money laundering (AML) and Know Your Buyer (KYC) processes to fulfill necessities in a number of jurisdictions.
Different options embody money administration capabilities, price calculation instruments and choices for customised reporting.
Matt Stauffer, SVP and Group Govt 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 shopper expectations for personalised companies. By enabling better ranges of automation, monetary establishments can streamline their investor servicing lifecycle and place themselves for long-term success in a extremely variable surroundings.”
In accordance with 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