Investor onboarding, trading, and rebalancing require robust back offices to manage data.
Goals and Objectives
By outsourcing back-office activities to third parties, advisors and wealth managers are able to prioritize open architecture platforms and model marketplaces from multiple fund managers. It reduces costs since advisors are not tied to one particular vendor.
Investment modeling, Data analytics, Strategy management platform
Use Case Summary
“Model marketplaces” exist, where financial advisors can access third-party investment management strategies and upload them into robo trading and rebalancing tools.