Global WealthES™ is a web-based wealth management solution for medium and large financial institutions. It brings financial planning, account enrollment and administration, investment management, portfolio accounting, securities processing, compliance reviews, reporting, client access, performance measurement, and business intelligence into a single platform. The system supports global and domestic trading, full tax-lot accounting, and multiple currencies. Securities processing and settlement are available in more than 80 markets, and the securities processing module supports over 80 interfaces to external providers. An integrated FIX engine connects to over 400 brokers for fills and confirmations. Fi-Tek describes integration options that include extracts, web services, and XML/SWIFT real-time messaging using Microsoft BizTalk technology. Reporting includes more than 150 reports and client statements, alongside data-mining tools and mobile access on any device. Fi-Tek offers a hosted option through its Cloud Services. For that environment, Fi-Tek states 99.5% monthly uptime, 24/7 emergency help-desk support, scheduled data replication and backups, and access through two-factor authentication or VPN. The company lists its headquarters in Edison, New Jersey, USA.
Who it is for
Global WealthES suits private banks, trust banks, wealth managers, broker-dealers, family offices, RIAs, and other financial institutions seeking combined trading, accounting, processing, and reporting capabilities. Its web platform and hosted option may suit organizations that want access from authorized endpoints, with hosted support available around the clock.
What is good
- Covers planning, administration, investment management, and compliance reviews.
- Supports full tax-lot accounting and multiple currencies.
- Processes and settles securities in over 80 markets.
- Connects to over 400 brokers through an integrated FIX engine.
- Offers more than 150 reports and client statements.
- Hosted service states 99.5% monthly uptime and 24/7 support.
What to know first
- Pricing is available on request.
- The listed platform is web.
- Hosted service availability is stated as 99.5% monthly uptime.
Verdict
Choose Global WealthES if your financial institution needs a web-based platform spanning wealth management, portfolio accounting, securities processing, and reporting. Fi-Tek also offers hosting with stated uptime and support. Organizations looking for published pricing should note that pricing is available on request.
Get started with Global WealthES™
- Visit the Global WealthES website.
- Use Fi-Tek’s request-a-demo form and select Global WealthES.
- Discuss the paid offering and pricing with Fi-Tek.
- Choose the web platform and ask about Fi-Tek Cloud Services hosting if needed.
Questions about Global WealthES™
How much does Global WealthES cost?
Global WealthES is paid, and pricing is available on request.
What does Global WealthES cover?
It covers financial planning, account administration, investment management, portfolio accounting, securities processing, compliance reviews, reporting, client access, performance measurement, and business intelligence.
Which financial institutions does it serve?
Fi-Tek describes it as serving private banks, trust banks, wealth managers, broker-dealers, family offices, RIAs, and other financial institutions.
What trading and accounting capabilities does it include?
It supports global and domestic trading, portfolio management, full tax-lot accounting, and multiple currencies.
Can Global WealthES be hosted?
Yes. Fi-Tek offers hosted Global WealthES through Cloud Services. Its hosted service states 99.5% monthly uptime and 24/7 emergency help-desk support.
What integrations does it support?
Fi-Tek describes integration through extracts, web services, and XML/SWIFT real-time messaging using Microsoft BizTalk technology. Its FIX engine connects to over 400 brokers.
Compared on family office software
- Consolidated reporting
- Yes
- Investment accounting
- Yes
- Entity management
- Yes
- Workflow automation
- Yes
- Data import methods
- automated
