Private banks

Driving Efficiency for Private Banks

Private banks face a number of challenges in today's turbulent markets. First and foremost they need to justify their investment portfolios to their clients, continuing to innovate while still managing downward pressure on their margins and fees.

This means that private banks have to become increasingly expert in developing financial solutions that will enable them to deliver risk-adjusted returns to their clients, while ensuring high levels of transparency and service.

In many cases, private banks take on the role of both wealth manager and CFO for their clients - advising on legal and regulatory matters as well as investments. That means being aware of market changes and providing access to new and sophisticated instruments that may only have been available to institutions in the past, such as real estate funds, or fine art.

All of this must be done in the context of much stricter regulation following the recent financial downturn. The challenge is therefore to develop a wide knowledge of instruments and to have the confidence to model their future value in a way that will build wealth for private clients.

Our expertise

Sophis works with private banks to drive efficiency across their organisations, by managing processes as effectively as possible - whether that's managing a wide portfolio of complex instruments and equities, reporting positions to clients, communicating with multiple banks or financial modelling.

Developed for the complex needs of investment banking, Sophis RISQUE technology supports private banks with cross-asset, multi-location, front-to-back functionality as well as the potential for new functionality when it is required.

Because all of the functionality is built into one system, private banks can be sure that they have a single view of clients' portfolios, no matter how complex and diverse. They can therefore manage risk in line with regulation, as well as reduce their own cost of servicing clients.

Find out about our solutions and technology

Read more about our asset classes coverage