Source: Wealth Management Software
Modern Money Financial Services has signed a deal with Wealth Management Software (WMS) to implement their Fairs Manager On The Web financial software solution.
Modern Money Financial Services Limited, a dynamic and well-established advisory practice, has been a client of Fairs for over 15 years and was already using Fairs Manager in their offices in London Edinburgh and Oxford. As a result of recent planned expansion Modern Money underwent a full review of its software and concluded that their team of advisers would benefit hugely from having full and unrestricted, remote access to client data via an Internet connection.
Commenting on the deal, Richard Jeans Chief Executive of Modern Money said: "As a small company grows, the needs for good, streamlined, IT services become more important. One of the most annoying things for our advisers was that they were tied to the office as far as information was concerned, this coupled together with the desperate need to eradicate some of the administration associated with IT systems forced us to undergo a review of the systems and applications in use. During the review we looked at many back office systems but the flexibility on offer from WMS and the efficiency of their Fairs Manager on the Web solution was second to none."
Jeans continued: "The implementation process was well co-ordinated and very professional; it was refreshing to be dealing with a technology company that actually listened. We now have 12 users accessing the system from wherever they want and I no longer have hassle of application administration. If you have the need to be free of the office then I'd highly recommend Fairs Manager on the Web package, it's certainly helped Modern Money.
"Instead of spending time getting to the office our advisers can prepare in this time from wherever is suitable and go directly to the clients' location. This saves time and enables the adviser to be much more client focused for more of the time than before."
Speaking about the partnership with Modern Money, Gary Sawyer, Managing Director of WMS Financial Adviser Services, said: "Modern Money is a very well respected, client focused Financial Adviser, with whom we have always maintained a very close relationship. Technology has always played a significant role within their working practices and we were delighted to introduce them to the benefits of remote working. We worked extremely close with Richard Jeans to prove the concept of Manager On The Web and were able to demonstrate the reliability and security of the software without causing any disruption to their existing systems. We were able to use their own data and performed a parallel run with excellent project management execution."
Sawyer continued: "The Fairs product suite is continuing to experience the benefits of being part of the WMS group. With two new products on the way we are confident that we now have the most comprehensive suite of software and services available for the IFA and Tied Agent markets. Our flexible approach to providing close fitting solutions will ensure that we continue to grow and continue to pioneer products and services that make life easier for our clients."