Refinitiv has rolled out a wealth management platform called Refinitiv Active Investor for wealth managers and their customers.
The wealth management industry is growing at a rapid pace, which means companies and wealth managers need to improve client experience.
Investors now have more access to a wide range of data at a period of high intergenerational wealth transfers. As a result, there is substantial growth in the voluntary market, which has created a new generation of active investors.
Improving trading flexibility
The Active Investor platform, according to Refinitiv, provides tools developed with HTML5 technology. This enables seamless integration and responsive design.
The platform will offer a completely customizable feature that will enable wealth managers to fully optimize their brand identity. It will also enable them to deliver flexibility to other investors that want an all-inclusive trading platform.
The company says the solution will be flexible and it will allow advanced charting and analysis tools as well as ease of streaming content.
Users can also customize the functionality, content, capabilities, and layout according to the workflow that suits their style and preference.
Providing a robust feature for the market
Head of Digital Solutions at Rifinitiv Charles Smith noted that Wealth management firms are more concerned about building personalized experiences to take care of different investor profiles.
He said the company is providing a solution that will enable companies to deliver a first-class experience to investors. This will be very important to those that need a self-directed platform with tools, insights, and market-leading data needed by active investors.
Refinitiv stated that the new platform will also cater to the next-generation investors by providing a customizable and robust feature for the wealth management market.
Refinitiev wants to expand its operations
The platform will also offer clients with macroeconomics, access to leading valuation content, commentary, as well as news. It will also offer a wide range of content and data such as reference data, pricing, and alternative data.
Refinitiv has been in the business of serving the Wealth Management industry for many years. The company also announced that it plans to engage in strategic acquisitions to expand the firm’s solutions. In line with the expansion objective, it will be launching Refinitiv Digital Investor and has concluded plans to acquire Scivantage.