ServiceNow software for asset and wealth management is an engine for digital transformation in the financial industry. We digitize and automate precisely the processes that software can perform faster and more reliably than people, while at the same time, are less visible to financial services customers. The wealth or asset manager, thus, gains freedom for value-adding activities that require the human factor to secure the trust and acceptance of the client. The result is efficient and industry-proven wealth management solutions that deliver new portfolio insights for wealth managers, ideally support the advisory process, facilitate the intensive management of individual mandates, or provide professional and solid information on risks.
ServiceNow is an integrated wealth management platform designed to allow wealth managers to run their complete business life cycle from the front office to the back office, without having to use multiple systems. It enables wealth management firms to service all types of client segments, including highly affluent, high-net-worth individuals and single and multi-family offices. The wealth management software suite is flexible and customizable in helping clients address client management, financial advisory, portfolio management, compliance, and client reporting, accounting. Wealth management systems like ServiceNow support discretionary, non-discretionary, and advisory services.