Fiserv, a global provider of financial services technology, announced several new enhancements to its Unified Wealth Platform.

The platform upgrade features advanced trading and modeling capabilities, enhanced user interfaces, and improved model data reporting, as a result of heightened demand for holistic advice and operational efficiencies in managed accounts.


Advisors are now able to manage assets and trade across all managed account programs, including rep as portfolio manager, exchange traded funds and mutual fund advisory, all in one location for greater efficiency. Advisors will also benefit from advanced modeling capabilities, to consider and present various scenarios in discussions with clients.


Middle-office operations professionals will also benefit from new capabilities available through the platform. The company has redesigned its operations user interface, adding major improvements to processing, speed and usability, so new clients migrating to UWP will find its intuitive design easy to learn. One of the main features is a Quick Access Toolbar, which provides a consolidated view of frequently used global functions, such as sleeve selection, universe selection and account searches. 


From 4Q 2011 through 4Q 2012, model portfolio assets climbed to $201 billion, making tracking of those assets more extensive than ever.

In order to provide investment managers with greater insight into assets under advisement in the model programs in which they participate, Fiserv has added model manager reporting capabilities. In addition, an optimized login process provides single sign-on access to the middle-office component of the platform.

“The significant user interface improvements we have made to our Unified Wealth Platform reflect the next generation vision of managed accounts developed for and with our clients,” Cheryl Nash, president of investment services at Fiserv said in a statement.

Fiserv has more than four million accounts on its wealth management platforms and over 1.3 million UMA sleeves, serving more than 16,000 clients worldwide.

“This is a fresh look for Fiserv,” says Nash. “Clients who are adopting the new features of our platform are benefiting from its innovative design, consolidated views across accounts and, above all, the unparalleled integration of the front, middle and back office, as well as the resulting benefits for investors, their advisors and firms.”

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