Swiss fintech WealthArc has announced its integration with RJ Management, a Geneva-based independent asset manager. WealthArc will allow RJ Management to benefit from the latest digital technologies to power wealth management processes and attract new generation of clients and RMs.
Before the full implementation, RJ Management tested WealthArc in a pilot phase. First, asset manager chooses custodian banks, to which WealthArc connects. Second, the WealthArc team takes care of all set up. Last, RJ Management received access to all platform capabilities with client portfolios from selected custodian banks.
RJ Management will be using WealthArc Software as a Service (SaaS) to automate and streamline all wealth management processes. As a part of the selection process RJ Management run IT due diligence on the FinTech company. Data security, software release management as well as internal policies were carefully audited.
WealthArc offers 2 step authentications with every user entering sms code before logging into the platform. Access to solution can be further restricted only to the offices of a wealth management firm.