RBC Investments has signed a multi-year licensing agreement with x.eye for its global wealth management platform - x.eye.wealth.manager.
The platform will be deployed within RBC Investments, RBC Dominion Securities, and the self-directed investing channel, Action Direct. The portfolio management system will be used to generate proposals, monitor investment history and performance, and model portfolios, says the company.
Morteza Mahjour, vice-president & director, information technology for RBC Investments, says the introduction off x.eye will enable brokers to provide a more personalised approach to client portfolio management. "The flexible architecture from x.eye ensures that we can achieve scalability and new functionality quickly and cost-effectively," he adds.