This Company is an IIROC-licensed distributor, focusing on providing investment services to high net worth customers. The Company offers proprietary mutual fund products as well as a full range of third party fund and equity products.
The Company wanted to replace its existing broker / dealer and mutual fund record keeping software in order to provide the highest level of customer care, in the most efficient and automated manner possible.
A detailed market study and proposal processes was completed, which involved a detailed due diligence of vendors. RPM¹s R•Funds and R•Broker applications were selected.
The implementation encompasses replacement of the existing mutual fund record keeping and broker / dealer systems with R•Funds and R•Broker respectively. Fully automated client and order management capabilities will be rolled-out to all distribution channels.
Highlights:
- R•Broker and R•Funds will create a fully integrated IIROC distribution and fund manufacturing solution,
- R•Funds will be used to administer multiple fund families on a single platform
- R•Broker will provide consolidated investment management and transaction processing capabilities
- Once implemented, R•SUITE will result in increase customer service levels, reduced costs and enhanced product capabilities