Hexaview Technologies Inc. - Digital Transformation Firm

  AI empowers wealth management software to invest and manage funds and reduces the risk in different investments. AI-powered wealth management software solutions allow investment strategies to consider all the relevant factors, such as risk, investment objectives, and market conditions. It also allows funds to be customized without compromising their profits. It simplifies the process for both your and the client’s sides. The new AI-powered wealth management technology solutions reduce the lengthy paperwork significantly and provide a deeper insight into customers’ portfolios. Advantages like personalized services, simplified processes, and more efficient customer engagement encourage financial institutions to integrate AI into their wealth management software. Read this blog to learn more about AI-Powered Wealth Management Platform -   Benefits of Customized AI-Powered Wealth Management Platform.

Technology is arguably the most important factor in the wealth management sector today. Think about it. The number of spreadsheets, reports, and research you complete, all done on a computer with the help of technology. With technology comes the need to integrate, ensuring they all play together nicely. For example, the firm that creates your data storage may not build reporting software. But those two may need to talk with you document signing  software, which isn’t made by those two firms either. Having  wealth management technology solutions  for RIA   are more important now than ever before. Not only from a necessity standpoint but from a benefits standpoint as well. Cross-Platform Integration Like in the example above, you may be running a handful of different software products that are not from the same firm. This can potentially make it difficult when it comes time to pull data or produce a piece of research. Using  integrated wealth...

Client Reporting in Wealth Management Wealth management continues to evolve at a lightning pace. Clients expect more at a lower cost, putting pressure on wealth management firms to deliver.  Wealth management technology solutions play a crucial role in the success of any wealth management firm.  One of the most important aspects of having a wealth management firm is the various reports. Reports are sent out to clients, used for internal research and to comply with government regulations. In this article, we’ll dive into the importance of client reporting in wealth management and how you can ensure your clients are getting the best treatment possible. Constant Reporting First up is the importance of constant reporting. Humans are creatures of habit and when it comes to money that is no different. For those that have entrusted you with their wealth, they want to have constant communications regarding their wealth. These communications can include a newslet...

If you’re in the day-to-day trenches of your firms’ happenings, then you know the vast amount of data being collected. From names and addresses to personal financial information, the data pile grows with each passing minute. There are various wealth management technology solutions used by investment firms to increase their operation efficiency. One of the reporting tools being used is Microsoft SQL Server Reporting Services or SSRS for short. This allows the user to tap into the data and begin formatting it in a manner that can be reported upon. The larger question is why Advent SSRS Reporting is still being used by many when technologies continue to grow and evolve outside of it. Ease of Use The first is simply easy to use. In using SSRS, all the data being accessed is centralized, allowing you to pull from one location. Many times, data is across several platforms, and it can take a manual component to pull all that data together. On top of that, once you have your data togeth...