Atlanta-based S1 Corporation has launched S1 Wealth Management, a multi-channel application that enables financial advisors and consumers to collaborate on wealth management activities and execute transactions accordingly.
The product combines aggregated customer financial data with financial planning tools, enabling intimate collaboration between advisors and clients and instant transaction execution, says the vendor. The module integrates with the S1 Consumer Suite and can also be used with most third-party Internet banking, brokerage or insurance applications.
According to Forrester Research, approximately 1.8 million U.S. households are going online for financial advice today; the firm expects that number to exceed 23 million households by 2005.