WMS launches wrap fund admin system

Wealth Management Software has launched a new version of its flagship Lisa investment management system that is designed to cater for the needs of multi-product "wrap funds".

  0 Be the first to comment

WMS launches wrap fund admin system

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Lisa version 10 supports ISAs, PEPs, SIPPs, stakeholder pensions, unit linked life products, equities, gilts, bonds, OEICs and unit trusts. It allows for regular savings and regular withdrawals. The solution is intended to support the needs of multi tied agents in a post CP121 world, and also the needs of fund supermarkets and third party administrators.

Paul Foll, Wealth Management Software’s sales director says: "We are seeing a strong trend towards fund supermarkets, IFAs, banks and building societies supplying funds from a panel of product providers. CP121 will strengthen this trend. Technology enables the provider to give an outstanding service akin to private banking at costs that are hugely lower than ever before."

Sponsored [On-Demand Webinar] PaaS, Cloud and Instant Payments in the Spotlight: Overcoming Outsourcing Challenges

Comments: (0)

[New Impact Study] Surviving Digital Fallout: Operational Resilience in 2025 and beyondFinextra Promoted[New Impact Study] Surviving Digital Fallout: Operational Resilience in 2025 and beyond