RBC selects x.eye wealth management platform

RBC selects x.eye wealth management platform

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.

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