New Portfolio Management Solution from Tietoevry Banking

Today is an important day for us as we proudly introduce a new portfolio management solution specifically designed for wealth and asset management companies in the Nordics.

The Tietoevry Banking Asset & Portfolio Management Solution enables companies to accelerate their portfolio management operations for various client segments with real-time capabilities, using unmatched technology to facilitate a secure, scalable, compliant and cost-efficient setup.

The offering is built on our leading wealth and investment platforms, already trusted by an  existing customer community, ensuring cost efficiency, easy operations, and market compliance.

Current challenges for financial institutions

In recent years, the market has seen a growing number of solution vendors entering the field to meet market, legal, and IT requirements. However, managing multiple vendors with integration points has become challenging for many financial institutions.

At Tietoevry Banking, we have observed a trend among our customers – they prefer streamlined operational touch points with fewer vendors. Additionally, they seek scalable and cost-efficient solutions to support growth.

How our new offering solves these problems

Our new portfolio management solution is designed for wealth management and asset management companies serving institutional, corporate, family office and private clients. The solution improves portfolio management and related workflows for discretionary mandates, investment advisory services, and self-service options for investors. It also offers support for multiple asset classes.

Efficient. Up to date. Scalable.

Efficient real-time operations and scalability for growth are at the core of the Tietoevry Banking Asset & Portfolio Management Solution. It seamlessly integrates with our core offerings for securities trading, clearing, and settlement - already utilized by major Nordic financial institutions with millions of end customers.

While the core operations in asset and portfolio management are typically batch-driven, the increasing demands of regulations, exponential growth in data points, global operations, and the need for investor interaction highlight the importance of real-time data handling and operations.

Our portfolio management solution is offered as Software as a Service (SaaS), available either as stand-alone or pre-integrated with our core solutions and digital channels. This approach lowers the cost of ownership by simplifying setup, reducing complexity, and ensuring regulatory compliance. In addition, Tietoevry Banking will be responsible for managing the integration points between the various solutions.

Key features of our solution

• Real-time operations for better decision-making and risk control
• Scalable and modular with efficient APIs for ensuring growth
• Integrated with CSDs, custodians and execution parties
• Modern and efficient user interfaces for various users
• Multi-asset class support including Equities, ETFs, Mutual Funds, Fixed Income and Derivatives
• Integrated with Tietoevry Wealth core platforms and digital channels offerings
• Integrated ecosystem surrounding Tietoevry Banking offerings
• Integration to other parts of eco systems through efficient APIs

Portfolio Management functions

The main functions include

• Portfolio Creation, Portfolio Management, Portfolio Rebalancing, Portfolio Reallocations
• Performance Calculations, Portofolio Analytics and Portfolio Risks Metrics
• Model Portfolio Management
• Managing of Discretionary Mandates

In addition, depending on customer's needs and requirements, the solution can be delivered with

• Cash Management, Order Management, Trade Management, Trade Processing, Reconciliations
• Position keeping, Risk Management, Compliance Management, Fee Management
• Customer, Internal and Legal Reporting

First customer case

We are also proud to announce that the Tietoevry Banking Asset & Portfolio Management solution has been implemented successfully for our first customer in the Nordics, replacing other vendors, with the following feedback:

"Reallocations are much easier to carry out than before. It goes significantly faster than before and with a simpler overview of the reallocation process.

Also, the workflow is easier, everything from registering new trades, the system automatically calculates allocation when changing models, deducting deposits from the customer when new money is received."

Handelsbanken Norway

Enables Tietoevry Banking to offer
"Wealth management in-a-box"

With the new portfolio management solution, Tietoevry Banking can offer a complete platform for wealth management companies. By combining our core platforms such as AbaSec or ProSolutions, with digital channels and the new portfolio management solution, companies can reduce the number of vendors and simplify their operations.

Shall we start a common journey? 

About Tietoevry Banking - Wealth 

• Deep industry knowledge reshaping the Nordic Wealth and Capital markets industry for over 30 years
• More than 30+ large customers in the Nordics
• More than 300+ dedicated employees
• Strong project experience from several successful deliveries during last years

Learn more about the new Tietoevry Banking Portfolio Management solution for wealth & asset management companies!

Joachim is happy to talk more about your portfolio management needs.