UBS Asset Management Launches New Platform Offering to Transform Bank Advisory Services
March 12 2018 - 9:00AM
Business Wire
- UBS Partner is able to analyse millions of client portfolios
daily and generates actionable investment options, enabling banks
to enhance their advisory services
- Landmark launch with first client mandates won; work
underway to rollout UBS Partner with Banca Generali
- White-label offering based on proven, world-class technology
successfully used within UBS
UBS Asset Management has today announced the launch of UBS
Partner, a white-label technology solution which will enable a
step-change in the advisory process and client service offered by
banks.
UBS Partner, which forms part of the UBS Platform Solutions
offering, scans client portfolios on a daily basis, assesses
individual portfolios against corresponding risk profiles, key
instrument quality criteria and investment goals. Identifying those
clients which are not on track to meet their personal financial
goal, UBS Partner creates tailored, actionable investment options
to best help them get back on course.
Ulrich K�rner, President of UBS Asset Management,
commented: “Banks today are facing significant challenges to
address changing client needs and an increasingly complex
regulatory landscape. To help navigate this environment, we have
taken technology and processes used within UBS and scaled them to
provide the tools and analytics enabling banks to transform the way
they and their advisors work with clients.”
Thomas Stokes, Head of UBS Partner, said: “At its heart,
UBS Partner is a technology-led, highly scalable, modular solution
designed for ease of integration into banks' existing systems.
Through UBS Partner we hope to free up the time of bank advisors
allowing them to focus on enhancing the services they offer to
existing clients and also grow their client base.”
William Kennedy, Head of Client Coverage at UBS Asset
Management, said: “We are excited to be able to offer access to
UBS Partner globally, an immensely powerful solution which enables
banks to change the conversation with their advisory clients
centred on their investment goals. We believe this to be the first
platform of its kind and we are delighted to already be working
with Banca Generali to rollout UBS Partner to their client advisers
in the near future.”
Notes to Editors
About UBS
UBS provides financial advice and solutions to wealthy,
institutional and corporate clients worldwide, as well as private
clients in Switzerland. UBS' strategy is centered on our leading
global wealth management business and our premier universal bank in
Switzerland, enhanced by Asset Management and the Investment Bank.
The bank focuses on businesses that have a strong competitive
position in their targeted markets, are capital efficient, and have
an attractive long-term structural growth or profitability
outlook.
UBS is present in all major financial centers worldwide. It has
offices in 52 countries, with about 34% of its employees working in
the Americas, 34% in Switzerland, 18% in the rest of Europe, the
Middle East and Africa and 14% in Asia Pacific. UBS Group AG
employs approximately 61,000 people around the world. Its shares
are listed on the SIX Swiss Exchange and the New York Stock
Exchange (NYSE).
www.ubs.com/asset-management
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UBS Asset ManagementKrystal Miller, +44 207 901
5537krystal.miller@ubs.comorFTI ConsultingDaisy Hall, +44
203 727 1223daisy.hall@fticonsulting.com
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