Client Lifecycle Management (CLM) solution provider Wealth Dynamix has partnered with Capita Consulting.
The agreement allows Capita to incorporate CLM capabilities within large scale digital transformation deployments for private banks and wealth management firms.
Furthermore, the collaboration should help clients achieve improvements in the front office and adviser effectiveness. As a result, Capita expects its clients to gain a greater return on investment from its transformations through digital, data-driven CLM solutions.
Antony Bream, managing director – EMEA and Americas at Wealth Dynamix, said: “The Capita Consulting team brings vast expertise to wealth and asset management firms looking to harness the power of digital, data-driven technology solutions. Our joint clients will enjoy a range of holistic efficiencies, cost savings and agility improvements when deploying WDX1 as part of a broader digital transformation project that fully supports the requirements of both advisers and clients as they build out successful, enduring and profitable relationships.”
Daniel Giannotti, partner lead for capital Markets and investment management at Capita Consulting, added: “In response to the large-scale digital transformation occurring across the private banking and wealth management industry in the UK, we are excited to launch our partnership with Wealth Dynamix. This forms part of our broader strategy to bring our clients an ecosystem of best in class digital solutions to help them accelerate their digital transformation plans and achieve better outcomes. Our offering with Wealth Dynamix brings the best of our deep sector expertise and delivery capabilities combined with leading and highly relevant solutions for firms seeking to transform their end to end client lifecycle processes to achieve improvements in AuM, front office efficiencies and regulatory compliance.”
In January 2020, Wealth Dynamix partnered with management consultancy Synpulse.
Wealth Dynamix aims to scale-up global deployment of its WDX1 solution to the biggest private banks, wealth and asset management firms.
Synpulse has nearly 500 employees across a dozen offices in Europe, Asia, and the US. It has supported its financial clients for over two decades.
In addition, Synpulse will remain vendor agnostic and work with its wealth and asset management clients to deliver value with WDX1 when appropriate.