Fiserv’s United Wealth Solution Named Best Technology Platform
BROOKFIELD, Wis.–Fiservannounced that the company’s Unified Wealth Platform has been named Best Technology Platform at this year’s Private Asset Management (PAM) awards. Now in its seventh year, the PAM Awards recognize and reward investment professionals, wealth advisors, legal firms, consultants, and other key service providers operating within the private asset management industry.
Judged by a panel of representatives from Private Asset Management Magazine and leading industry experts, Fiserv said it was recognized for its strategic investment in the front-office component of its Unified Wealth Platform to better support advisors and their investors in today’s digital world. Over the past year, Fiserv delivered innovative new functionality to integrate advisor capabilities into the middle and back office, and introduced a new user experience, the company said. Fiserv also offered advanced monitoring and reporting capabilities in response to a changing regulatory environment for higher levels of fiduciary care. And most recently, an integrated digital advice (robo advisor) offering was announced by Fiserv to help drive digitization and connectivity in the wealth management industry, the company added.
“We are honored to receive this award demonstrating our commitment to innovation. We provide our clients with the best technology to help them reimagine the experience for the end investor,” said Cheryl Nash, president, Investment Services, Fiserv. “Unified Wealth Platform provides the benefit of a single platform resulting from our many years of integration experience. An advanced digital interface, continuous user enhancements and a new white-label digital advice offering help create more efficiency, freeing up time for advisors to better engage their clients and build stronger, more meaningful relationships.”
According to Fiserv, Unified Wealth Platform provides technology automation across the entire wealth management process, including financial planning, retirement-income analysis, portfolio management, trading, accounting, portfolio performance and reporting. Fiserv currently supports an elite list of wealth management firms, including eight of the top 10 broker-dealers and the 10 largest asset managers in the U.S., representing over $1.4 trillion in assets on its platform.