back Back

First American Bank joins InvestCloud to digitise Wealth Management

By Gloria Mathias

January 13, 2025

  • Banking technology
  • BankTech News
  • Digital Platform
Share

InvestCloud, Fintech news, First American Bank, Digital platform, Wealth Management Platform,InvestCloud, a global wealth technology, and First American Bank (FAB), a regional financial institution with $7 billion in assets under management, have announced a partnership to modernise FAB’s digital wealth management platform.

This collaboration aims to enhance client engagement by providing a unified technology platform offering tailored insights and comprehensive support to clients, prospects, wealth advisors, and relationship managers.

As part of this initiative, FAB is adopting a suite of innovative products designed to optimise the digital experience, including InvestCloud’s Client Experience, Prospect Experience, and Advisor Experience.

Currently operating on a technology stack with multiple systems, FAB recognised the need to provide its clients and advisors with a unified and modern platform. Integrating with InvestCloud will transform the digital experience by consolidating investment data, reporting, and documents into one intuitive experience. The new platform will feature connected technology, making it mobile-friendly and allowing clients to engage with their financial information anytime, anywhere.

“We are excited to partner with First American Bank to transform their digital wealth management capabilities,” said Kapin Vora, President, Digital Wealth North America at InvestCloud. “This collaboration reflects our commitment to driving innovation in the banking sector, enabling advisors and clients to engage with their financial data seamlessly while enhancing the overall client experience.”

FAB’s decision to modernise its wealth management platform reflects its commitment to investing in digital experiences that resonate with its advisors and clients. By delivering on a seamless and intuitive interface, FAB aims to meet the evolving needs of its clientele, fostering deeper relationships and encouraging a more personalised approach to wealth management.

“We are thrilled to announce our partnership with InvestCloud, a strategic move that will significantly elevate our wealth management services,” said Jane Nagel, Head of Wealth Management at FAB. “This innovative digital platform represents a substantial investment in cutting-edge technology and underscores our unwavering commitment to delivering an exceptional and personalised wealth management experience. We are dedicated to empowering our clients with the tools and resources they need to achieve their financial goals.”

With its expertise in creating a Wealth Connected™ ecosystem, InvestCloud will help First American Bank distinguish itself from competitors and strengthen its position as a leader in digital wealth management.

Previous Article

January 13, 2025

SUNRATE launches new Treasury Solutions for businesses worldwide

Read More
Next Article

January 13, 2025

Reap secures In-Principle Approval for MPI License from MAS

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 05, 2025

Moneyhub powers Money Squirrel’s financial management app for SMEs

Read More

February 05, 2025

CommBank & AWS team to deliver global cloud and AI capabilities

Read More

February 05, 2025

OMB Bank unveils OMBX, a Premier Embedded Finance Platform

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More