Guernsey-based life assurance company Generali International has implemented iE's NetFinance Private Client Investment System, a Web-based multi-currency wealth management platform for advisors and off-shore clients.
The service, launched November 2001, enables Generali’s independent advisors and portfolio managers to select from a consolidated view of individuals or groups of clients across all relevant products. They can view up-to-date valuations, trading statements and bank statements of high net worth clients worldwide. Clients will be given their own view of this information at a later date.
The wealth management package integrates two legacy applications, a life assurance administration system based on Life/400 from CSC and the Quasar portfolio management system from ACT. The solution can be accessed by portfolio managers, advisors and clients every hour of every day of the year.
Peter Hobbs, senior manager international sales, Generali International, says: “Different administration systems have evolved to support our high value investment management services, but portfolio managers, advisors and clients expect and demand a coherent solution to their individual needs. The iE system allows Generali to satisfy the requirements of all three groups today with the flexibility to accommodate additional requirements in the future.”