The tercero Wealth Workstation will - for the first time - integrate investment management, client relationship management, document management, compliance, client reporting and investor web access in a single, intuitive management information dashboard. This latest release will also provide order management capability.

The tercero Wealth Workstation can be integrated with third party administration systems, custodians and market data providers. It is already deployed at a number of leading wealth management institutions in the UK and Channel Islands.

"This version of tercero is the culmination of decades of experience and over twenty man-years of development. It represents the needs of the modern wealth manager," said Stewart Foster, COO of Third Financial. "We have worked closely with our clients to ensure the software provides timely and accurate information across their entire universe of data. This helps ensure they remain compliant, manage risk effectively, and provide the levels of client service necessary to compete in today's market."

Brent Randall, product director at Third Financial, said: "The technology used in the Wealth Workstation is based on modern, reliable industry standards. We have leveraged both Microsoft.Net and Windows Presentation Foundation to produce a scalable, highly functional platform that provides a rich user experience and is highly intuitive."

Third Financial was founded in January 2008 by four members of the senior management team of Financial Objects. It is chaired and financed by Roger Foster, who formerly founded and successfully floated both ACT plc and Financial Objects plc. The company grew by over 300% in 2009 and has offices in central London and a development centre in Broome.