Decisive Capital Management has selected wealth management and private banking software company New Access to enhance its operations globally.
Under the tie-up, Decisive will boost its core capabilities in managing clients’ current and emerging needs by moving its Core system, Portfolio Management System and Digital activity to an integrated global platform.
New Access’ Core-to-its Digital solution, combined with its client lifecycle management system ‘Banker’s Front’, is said to advance process automation and standardisation.
Founded in 2016, Decisive serves UHNW individuals, families, and institutional investors. It has over $4.1bn of assets under supervision.
Commenting on the latest development, Decisive Capital Management CEO Elie Chamat said: “Decisive is a next-generation, ultra-high net worth advisor. We are growing fast on all levels: investment opportunities, assets, and clients.
“Today, we are partnering with New Access to accelerate our digital transformation and we are sure its dynamic and forward-thinking, best-in-class platform is the right match for us to service our clients.”
New Access CEO Vincent Jeunet said: “We are proud that Decisive Capital Management decided to pursue its digital transformation journey with us.
“The key focus of New Access is to help wealth management organisations and private banks manage their business models in the simplest and most cost-effective ways by providing their bankers and clients with the best-in-class solutions.”
Earlier this month, UK-based wealthtech Infinity Circle selected Zensar Technologies as its design and technology services partner.