Advisors & External Asset Managers
Advisory & Asset Management is a business in change: between new competitive pressures from tech-centric startups like robo advisors and growing regulation, growth & margins are under threat.
With KYC & AML regulation being tightened, MIFID 2 already being in force in the EU, FIDLEG coming in Switzerland, regulatory costs are set to explode in coming years for those who are unprepared.
On the growth side, restrictive reverse solicitation rules mean that growth is harder to come by - organic growth through asset consolidation & referrals are the best source of growth, but on their own not enough for ambitious firms.
How we can help
Convert prospects, grow AUM & comply confidently
We can help you find new sources of growth, maximise prospect conversion, upsell- and cross-sell opportunities while complying with regulation. Using a combination of insight into your situation, deep know-how and off-the-shelf tools & software, we can take the strenuous parts out of your business, so you can focus on serving clients and growing their assets.
Our approach involves a low-risk, incremental approach to change, which means investment is immediately followed by results.
Some potential results we can help you achieve are:
|Benefits & Outcomes|
|Increase prospect to client conversion||
|Improved client experience||
|Reduced regulatory risk & cost||
Our Client Due Diligence Hub (CDD Hub) software provides a digital process & journey for clients, Relationship Managers & Compliance staff to go from initial meeting, via KYC & onboarding to ongoing compliance & regulatory reporting during the client relationship.
For a list of the compliance tasks CDD Hub covers, click here