Combines WealthCraft Advisor Workbench Financial Planning Tools
and Financial Express’ Fund Performance Solutions
HONG KONG, May 22 /Xinhua-PRNewswire-FirstCall/ — WealthCraft Systems Inc. (BULLETIN BOARD: WCSY) , a leading IT solution provider for financial institutions, has forged a strategic alliance with Financial Express, the United Kingdom’s leading fund data and analysis provider.
This alliance will provide a hosted market-advanced fund research and trading solution to financial institutions in Asia through the powerful combination of WealthCraft Advisor Workbench’s extensive tool suite for financial planning and Financial Express’s fund performance, price and factsheet modules. The first implementation of the combined solution is for Wing Lung Bank’s financial planning service.
Wealth management professionals at Wing Lung Bank and within the banking and insurance industry, as well as independent financial advisors, using WealthCraft’s Advisor Workbench will be able to access a range of successful and innovative Financial Express solutions. These packages include Analytics, Factsheet & Literature, automated production and Webtools as well as comprehensive real-time price information on over 70,000 funds including those domiciled in the Hong Kong, Singapore, UK and offshore markets.
”As a leading provider of fund data to fund distribution platforms and powerful software solutions, our alliance with WealthCraft offers financial institutions a range of sophisticated fund data and analytical solutions that is fully customisable,” said James Jones, Head of Asia Pacific at Financial Express.
Financial services professionals using WealthCraft’s Advisor Workbench at Wing Lung Bank and other financial institutions will now be able to receive the latest fund prices, fund performance data throughout Asia and funds factsheets. This information would be similar to that within solutions provided to Skandia, Standard Life, AXA and Fidelity FundsNetwork and fund supermarket platforms.
”Financial Express’ superior funds research and analysis research capabilities integrated with Advisor Workbench’s portfolio tracking system for forecasting and quick reaction strengthens the service of financial institutions while supporting compliance and reporting requirements,” said Kelly Tallas, Chief Executive Officer, WealthCraft.
”This integrated funds management solution enables Wing Lung Bank and other Asian financial institutions to enhance their financial planning services and select the right portfolio at the right time to support a broad range of financial products,” Tallas added.
WealthCraft Advisor Workbench is a comprehensive and scalable wealth-management solution to banks, insurance companies and other businesses specializing in financial advisory, asset management and retail investment management. Advisor Workbench enables financial institutions to invest in a single solution in a service-oriented architecture with Web services at its core. Advisor Workbench features a set of interchangeable modules for market data research, financial planning, portfolio management, risk analysis and customer relations management
About Financial Express
Financial Express is the main provider of fund data and website solutions to the UK financial sector. The company collects daily fund prices for more than 70,000 European and global investments, and is relied upon as the sole or main source of data by providers (e.g. Skandia, Standard Life, Henderson) wrap platforms, fund supermarkets, personal finance websites and financial advisers. Financial Express data is also a distributor to the main vendors, including Bloomberg, Reuters, Morningstar and Telekurs.
About WealthCraft
WealthCraft Systems Inc. (BULLETIN BOARD: WCSY) headquartered in Hong Kong SAR, is the parent company of WealthCraft Systems Ltd, an information technology company that designs, develops, markets and supports a flexible, scalable and secure technology platform for wealth management services to financial institutions, including investment advisory firms, securities brokerage firms, retail and private banks, mutual fund companies and insurance companies.
WealthCraft’s Advisor Workbench enables professionals to develop their wealth management business while its ATOMS Order Management provides an integrated back-office system providing order execution, order management and portfolio and commission management. WealthCraft’s products facilitate seamless implementation of the industry standard SWIFTNet Funds solution for automated mutual fund transactions. For more information please visit our website at .
This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on WealthCraft management’s current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to WealthCraft as of the date of the press release, and it assumes no obligation to update or alter its forward- looking statements whether as a result of new information, future events or otherwise. Further information on risks or other factors that could affect WealthCraft’s results of operations are detailed in the filings of WealthCraft with the SEC.
For more information, please contact:
Investor Contact:
Ms. Rebecca Meng
WealthCraft Systems Limited
Tel: 86-755-8828-4994
Email:
Media Contact:
Ms. Jennifer Shay
Upstream Asia Limited
Tel: 852-2973-0222
Email:
WealthCraft Systems Limited
