This report, the first of three, examines the leading European vendors of front office platforms.
“Differentiation among key functionalities, such as collaborative workspaces between advisors and clients, automation of onboarding and reporting processes, and robust financial planning components, as well as modular, flexible, scalable, and customizable offerings are more important than ever,” says Ashley Globerman, an analyst with Celent’s Wealth Management practice and author of the report.
Front office platform providers support the advisory process, from acquisition to ongoing maintenance and retention, in a single workflow. These components include client relationship management, financial planning, portfolio management, and portfolio monitoring. Reporting straddles front office and back/middle office operations.
by Ashley Globerman
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