Toronto-based banking technology vendor, Financial Models Company has launched FMCWealthNet, a new application that allows investment managers to produce reports, portfolio statements, graphs and analyses, and to interact with clients over the Internet.
FMCWealthNet includes publishing and reporting tools that allow investment managers and their clients to analyse information in a variety of formats. The publishing tools let investment management professionals communicate with their clients individually or collectively on a regular basis through vehicles such as quick notes, alerts, updates, newsletters or detailed reports.
Reporting functions provide up-to-date information with drill-down capabilities that allow clients to access detailed information in graphic or tabular formats.
The application also features a real-time forum that creates live interaction between advisor and investor. Both parties can simultaneously access common functions such as the client's most recent statement, then discuss further instructions.