InvestCloud, the global leader in digital transformation for the financial industry with over $6 trillion in assets, today announced the release of the next evolution of InvestCloud White, called InvestCloud White FMB+. The new product offering includes integrated front, middle and back-end InvestCloud solutions, as well as simple multi-channel asset management services to provide comprehensive tools for advisors and investors. other property management.

The InvestCloud Front-to-Back solution marks InvestCloud’s continued investment in supporting greater operational efficiency and simplifying business-as-usual complexity for wealth management clients. FMB+ includes InvestCloud’s best applications for customer communication, planning, trading and accounting, and business process outsourcing (BPO). InvestCloud’s BPO Center is located in Carlsbad, CA and is currently being used by clients such as William Blair in their SYSTM provisioning.

“There is a massive opportunity to provide huge gains in efficiency to wealth management clients due to the failures of existing players in this market. Many have made claims of offering an integrated platform, but in reality, they lack having a single platform. Their solutions are dispersed across numerous platforms, and each client implementation is a different version, meaning many branches of different code – which is the height of inefficiency. This is why implementations of these platforms often last 3-4 years, with a high failure rate.”

Mark Trousdale, Chief Marketing Officer of InvestCloud.

“We are excited to bring this important offering to market. Most players are still dealing with legacy hard-coding issues that plague this industry. What that means for clients is a cobbled-together version of their code, making it impossible to maintain.” Shamberg continued: “We are proud that White FMB+ totally disrupts these norms and showcases what the power of true digital can offer. Our single end-to-end platform handles the technology and servicing needs, with a cloud-native, no-code approach, enabling personalization and efficiency at scale.”

Yaela Shamberg, Co-Founder & Chief Product Officer, Digital Wealth, of InvestCloud.