OMNIMax Professional - All you need to run a fee based business

A Holistic Approach to Wealth Management

The asset and wealth management sector continues to face new challenges. Increased competition, more demanding clients and mounting regulatory compliance are driving the need to deploy technology solutions that enable management of the entire investment lifecycle. Developing a holistic approach to client management is fundamental, as firms seek to differentiate their offerings, transitioning services from pure investment advice to more complex investment strategy. Advanced technologies will play a major part in this shift, helping firms develop innovative service models that will enable them to evolve from wealth manager to wealth adviser. OMNIMax helps Banks, Insurance & other financial institutions address these challenges.

OMNIMax delivers a holistic view of client investments, making it easier and simpler to develop a personalized investment strategy, manage a portfolio or groups of portfolios, and track their ongoing performance, in line with client mandates. OMNIMax uses advanced technology to enable any type of investment organization to automate its entire investment management process. Data from each stage of the investment lifecycle is handled and stored within the wealth management data hub, allowing for a single point of access and reporting. The central data hub contains all information related to a particular client, from the original client fact find, proposals and subsequent mandate to the resulting investment strategy and details of all transactions made within a portfolio. Investment managers can view performance returns, attribution, risk analyses, portfolio valuations, deviations from benchmarks and exposures to different industries, currencies, geographies and many other sectors.

OMNIMax showcases underlying cash and securities transactions, corporate events, fees, commissions and orders past, pending and present. The intelligent event management system can automatically advise staff of any breaches in client restrictions, significant market events, deviations from models or any other important business event. Finally, the activity calendar enables proactive management of the client relationship, signaling client review meetings and prompting the asset manager to provide on-going reports and communications based on portfolio activity and business events.

OMNIMax delivers a holistic view of client investments, enabling wealth managers to deliver a faster, more accurate service throughout the wealth management lifecycle.

Product Features Overview

Client Management

• Stores Entities such as Individuals, Trusts, Estates etc
• Categorize clients. E.g. prospective, third party etc.
• Recording of other associated contacts with clients accountant, lawyer.
• Assign a primary mailing group.
• Storage of client notes
• Create client correspondence.
• Client Journaling
• Use data mining to group clients under customizable categories. E.g. Gold, Silver, Golf etc.
• Create alerts that generate an email when due.
• Mail Merge ability to automatically generate letters and emails to groups of clients.
• Ability to send emails that are recorded against the client.
• Ability to incorporate existing Microsoft Word Document Templates.
• Event Management
• Ability to brand all correspondence with company logo etc.
• Gather fact find information with Client Profiler.
• Integration with Microsoft Outlook.

Plan Writing

• Customize your own Plan Documents
• Incorporate multiple research templates
• Incorporate multiple investment solutions.
• Address multiple plan scenarios
• Plan output in Microsoft Word/HTML 
• Record client goals and objectives 
• Income expenditure and cash flow analysis 
• Investment Plan Builder (either based on template or at the advisors discretion) 
• Regular Savings Plan 
• Life Planning Module 
• Life Insurance Needs analysis 
• Income Protection 
• Medical Cover 
• Critical Care 
• Fire & General 
• Estate & Tax Planning 
• Send to back office feature
• Customizable Risk Profiling
• Incorporate your own Income Expenditure and Cash flow Analysis.

Portfolio Management

• Record transactions for all types of investments
• Fully searchable transaction event history
• Comprehensive portfolio reporting
  • Performance
  • Valuation
  • Transaction
  • Capital in/out
• Dynamic creation of portfolio based on asset allocation
• Ability to build multiple portfolios on different asset allocation templates
• Automatic creation of order/instructions for purchase/sell e.g. TAF
• Comprehensive Tax reporting
• Comprehensive fund reporting
• Total holding under fund
• Maturity Dates
• Report output in HTML/Microsoft Word/CSV/XLS
• Ability to email or create a mail merge to all clients associated with a fund
• Bulk entry of transactions
• Automatic updating of product pricing. BSE &NSE, Mutual Funds Data, Nav’s etc
• Supports Reporting in Multiple Currencies
• Currencies automatically updated
• Supports data feeds from Investment Link, PPS, ING and One Answer
• Ability to switch on client login to view own portfolio

Client Review:

• Portfolio Rebalancing
• Automatic Invoicing
• Alerts Advisor when review is due 
• Produce a customizable portfolio review document in Microsoft Word/HTML
• Compare allocation to benchmark profile
• Insurance Review

Other Features

• Internet based 
• Supports multiple browsers. Internet Explorer, Moziller, Netscape 
• Online flash tutorials. 
• Email & Telephone support First 4 hour’s setup free.
• Disaster Recovery Solution Daily Backups Provided