Wealth Dynamix Formalises Partnership with Chappuis Halder & Co. to Embed Client Lifecycle Management within Best Practice Digital Transformation Initiatives

London, UK, October 13, 2020 – Wealth Dynamix, a global leader in Client Lifecycle Management (CLM) solutions, has partnered with Chappuis Halder & Co. (CH&Co.), an international management consulting firm dedicated to financial services. Under the terms of the agreement, Wealth Dynamix and CH&Co. will join forces to deliver enterprise-scale digital transformation and change management projects that have CLM as a core requirement.

The formalisation of this partnership builds upon an already solid and proven foundation of collaboration. Wealth Dynamix and CH&Co. have worked together very successfully since 2018, when a European headquartered global bank introduced the firms after benchmarking them as best-in-class providers they wanted to engage with. Private banks, wealth management firms, and asset management customers in Europe will benefit from an innovative mix of world-class consulting expertise and best-practice CLM technology.

WDX1 is the flagship, multi-award-winning digital CLM solution from Wealth Dynamix, designed to support the complex requirements of wealth management companies from a single unified platform. Its capabilities span the entire client lifecycle, including client acquisition, client engagement, digital onboarding, regulatory compliance, relationship management, and ongoing client servicing.

Many firms are especially focused on the digitisation of processes around client onboarding, and challenges related to remediation and repapering associated with Know Your Customer (KYC). This due diligence is due to vast increases in regulatory requirements and the administrative manual burden this places on front office staff.

According to Antony Bream, Managing Director – EMEA and Americas at Wealth Dynamix, “The private wealth sector has come to realise that reliance on inflexible legacy technology platforms and manual processing is a risk to business continuity. COVID-19 has become the catalyst for the kind of change management and digital transformation projects that CH&Co. excels at. Wealth Dynamix is delighted to be working with their team to provide the bedrock of broad CLM capabilities that those projects invariably depend upon.”

Olivier Garcia, Managing Partner at Chappuis Halder & Co., said: “We work very closely with our private wealth customers to bridge the gap between business pain points, process transformation, and technology solutions. To support a successful digital transformation, technology solutions need to be mature and agile enough to satisfy customer requirements, both now and in the future. We already work with Wealth Dynamix on large customer deployments of WDX1. We are confident that their modular and data-centric approach to CLM is incredibly helpful for customers looking to streamline regulatory compliance processes, remove manual administration from CLM tasks, and achieve a step change in client service.”

In a webinar to be held on Thursday, November 5, 2020, a panel of experts from Wealth Dynamix and Chappuis Halder & Co. will join forces. Using three common obstacles that stand in the way of a smooth and seamless onboarding implementation, they will examine how wealth managers can circumnavigate these challenges with efficient and effective processes that reduce costs, onboarding times and improve the end client experience.