Managed Accounts

Overview

Interest in managed accounts is exploding, amplified by investor demand for portfolio diversification and financial institutions' desire to grow fee-based revenue. However, the industry was held back by managed-account technology that was neither integrated nor able to support the growing number of asset types now required for optimal portfolio diversification and goals-based investing.

Fiserv has made significant progress in enhancing automation and integrating support for multiple asset types, strategies and managed-account programs — mutual fund advisory (MFA), rep as portfolio advisor (RPA), rep as portfolio manager (RPM), separately managed account (SMA) and unified managed account (UMA) – facilitating access to a broader choice of assets and delivering cost-effective operational efficiency for financial institutions and advisors. Recent industry analyst research confirms that these developments are vitally important.

Features

Unified Wealth Platform from Fiserv provides financial institutions with a comprehensive and integrated solution for managed-account portfolio construction, management, trading, accounting, reconciliation, reporting and model management — all on a single, integrated platform.

The solution facilitates seamless transition from single- to multi-sleeve programs, simplifying the trading and rebalancing process. Its unique sleeve-level structure with broad asset and product support combines precision with flexibility across multiple managed account programs, assets and products.

Programs

• Mutual fund advisory (MFA)
• Rep as portfolio manager (RPM)
• Separately managed account (SMA)
• Unified managed account (UMA) and, soon
• Rep as portfolio advisor (RPA)

Assets/Products

• Annuities
• Exchange-traded funds (ETFs)
• Hedge funds
• Mutual funds
• Options
• Traditional equities and fixed income