Our rules engines and workflows simultaneously reduce both compliance risk and the cost of compliance.
Wealth Dynamix solutions allow firms to reduce compliance risk whilst simultaneously making major gains in efficiency.
At Wealth Dynamix, we understand that compliance is not an option, it’s a necessity. For many firms, however, meeting their compliance obligation in an efficient and cost-effective manner remains a major challenge and one that is putting increase pressure on already tight profit margins. It’s exactly the sort of challenge Wealth Dynamix’s CLM solutions have been designed to solve.
At Wealth Dynamix, our approach to compliance is one of compliance by design. Compliance should be built into the solution from the ground up, rather than layer on as an afterthought. Here are just a few of the ways in which this philosophy is reflected within our solutions:
Our compliance solutions allow firms to cover a wide set of compliance requirements within a single solution including:
Wealth Dynamix solutions also provide the option for customer data and documents to be gathered via customer facing digital tools, reducing the internal overhead associated with gathering the full scope of data and documents that can be required to satisfy a firms compliance obligations.
Wealth Dynamix compliance solutions are truly intelligent, understanding what checks need to be conducted against a given record in a given scenario. The solution understands where the scope of KYC data or document collection might need to vary, or where suitability assessment may not be required due to the client categorisation, or where an escalation is required due to exceeding a particular risk threshold.
The solution provides a real-time view of compliance; of compliance checks against a given record, or compliance activity across an entire team, or trends and insights. With Wealth Dynamix, the ability to actively monitor in real time helps business to be confident that they are always one step ahead.
1 February 2024
Wealth Dynamix, a leading provider of Client Lifecycle Management solutions, today announced Wealth Dynamix is available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.
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17 January 2024
The traditional wealth management model is no longer sufficient for today's dynamic market. To thrive, firms must embrace prospecting by crafting a culture that prioritises client segmentation, prospect allocation, performance enhancement, junior banker empowerment, and personalised digital engagement.
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4 January 2024
Hubbis recently hosted a virtual discussion focusing on the application and then implementation of the latest digital solutions in the world of Asian wealth management.
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