BNP Paribas selects InvestCloud for CLM/CRM solutions

By Joy Dumasia

InvestCloud, a global FinTech firm that designs and creates financial software for some of the most prestigious banks, wealth managers and asset managers in the world, has been selected by BNP Paribas Wealth Management to provide Client Relationship Management (CRM) and Client Lifecycle Management (CLM) services for onboarding and nurturing high-net-worth (HNWI) client relationships.

The partnership marks another significant accomplishment for InvestCloud, which continues to expand its global partnerships with a growing client base comprising leading international and regional firms such as BNP Paribas Wealth Management.

BNP Paribas Wealth Management selected InvestCloud’s solution based on InvestCloud’s leading automation technology to bring operational efficiency to onboarding of HNWIs, the ease of integration with existing systems using InvestCloud’s modular architecture, as well as enabling BNP Paribas Relationship Managers (RMs) to provide HNW clients with a more responsive and proactive level of client service, for better client retention and client growth.

InvestCloud is a global company specializing in digital platforms that enable the development of financial solutions pre-integrated into the Cloud. The company offers on-demand client experiences and intuitive operations solutions using an ever-expanding library of modular apps, resulting in powerful products.

BNP Paribas Wealth Management is a leading global private bank and the leading private bank in the euro area. With a presence in three regions (Europe, Asia and the United States), it employs more than 6,800 professionals who support a client base of private investors in protecting, growth and transmission of their wealth, bringing long-term value to their families society.

Recently, IBS Intelligence reported that InvestCloud, a global FinTech firm serving some of the largest banks, wealth managers and asset managers in the world, announced the deployment of its Wealth Adviser Platform by Mitsubishi UFJ Financial Group (MUFG), among Japan’s largest banks.