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FIS introduces FIS Unity platform for modernizing wealth management systems

By Pavithra R

June 09, 2020

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Brian DuVal, Head of Wealth and Retirement at FIS

Financial services technology company FIS has introduced a wealth management platform that gives wealth managers the data and insights they need to better understand and serve the needs of their multi-generational clients.

The current COVID-19 pandemic has created uncertainties in almost every industry, including finance. Investors of all ages are seeking advice for weathering the current uncertain investing environment.

FIS Unity leverages open application programming interfaces (APIs) to provide wealth managers with an integrated, 360-degree view of a client’s financial assets across multiple financial providers. Leveraging the system’s analytics tools and intuitive dashboards, wealth managers can gain insights into their clients’ investment history, lifestyle changes and investing preferences thereby enabling managers to offer personalised investment recommendations that meet clients’ current and future needs.

Unity’s open architecture gives users access to a broader ecosystem, positioning them to adapt to the changing needs of investors and grow business into the future.

“Unprecedented levels of market volatility have made it more important than ever that wealth managers and advisors have a complete, accurate picture of their clients’ assets and remain connected anytime and anywhere. During this time, investors still expect accurate, insightful guidance when they need it, and the Unity solution prepare advisors with a rich, holistic view of their clients’ assets,” said Brian DuVal, Head of Wealth and Retirement at FIS.

The platform focus on enhancing the client experience, improve advisor productivity and lower operational cost, helping wealth management providers differentiate themselves to retain assets and gain new accounts, thereby growing business. Besides, the platform makes use of advanced data analytics along with fully integrated workflows to automate and streamline processes and enhance efficiency. The solution is appropriate for wealth management firms, wealth divisions of banks, trust companies, custodians and brokerage firms.

FIS Unity platform has been chosen by AMG National Trust Bank Unity to enable its advisors to provide a more personalized experience to the clients it has been serving for more than 45 years.

“We serve multiple generations of clients who all have very different expectations when it comes to investing. By modernizing our wealth management system on the FIS Unity platform, we will be better able to address those differing needs and grow those relationships,” said Don Seacrest, SVP Operations at AMG National Trust Bank.

Established since 1968, FIS is a provider of technology solutions for merchants, banks and capital markets firms globally. The company recently launched EPIC productivity & automation tools to manage remote workforce. FIS is a Fortune 500 company and is a member of Standard & Poor’s 500 Index.

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