Source: Lynx Wealth Management Systems
Lynx Wealth Management Systems, the leading supplier of wealth management systems to the financial services industry, has today launched its 4Series Trust & Estate Administrator software system in the UK market.
For more than 20 years, Lynx has enjoyed considerable success in providing 4Series Trust Administrator to the international and offshore trust and company administration market.
The UK market has long been in the company's sights and the extensive capability of 4Series means that solicitors, accountants and trust managers will be able to enjoy benefits such as straight through processing, portfolio accounting, client accounting, automatic tax calculation and reporting of CGT, tax return production, time recording and many others.
Commenting on the product launch, John Mosedale, managing director of Lynx Wealth Management Systems, said: "Our market research shows that we have the right product with the right functionality to deliver new levels of business advantage to trust and estate managers and practitioners in the UK market. We have proven time and again that our software products enable users to cut operational costs whilst improving client service."
In order to accelerate its entry into the UK market and offer customers greater functionality, Lynx has formed a partnership with CCH, a leading provider of information and accounting solutions to the accounting profession. CCH, whose software is used by 17 of the top 20 accounting practices in the UK will provide CCH Gains for CGT calculation and CCH TrustPlus for the Trust and Estate tax return interface. "CCH have a long established reputation of excellence and professionalism and we are pleased to move into a new area of business with them", concludes Mosedale.