Wealth Management Assurance Services
The business of managing wealth has been evolving rapidly. Changing customer demographics, product alternatives, engagement models, and ever stricter compliance needs are ample testimony. Further, solutions such as algorithmic trading, predictive analytics and platforms are reshaping the contours of the industry for revenue growth and cost control.
In this backdrop, assurance of wealth management applications is critical, enabling financial institutions to go to market on time with quality solutions and within budget. Maveric’s wealth management assurance services cover business analysis, testing and support for run-the-business needs emphasizing both early defect prevention as much as defect detection. We have served our clients in the following key focus areas:
Working across popular products such as equities, fixed income, mutual funds, and derivatives, our 60+ member team of SMEs, BAs, and testing professionals help clients in their IT adoption using packaged solutions and bespoke applications in multi-site engagement models.
Key engagements include:
- Supporting a global Tier 1 bank in its multi-country transformation initiative to roll out a comprehensive portfolio planning tool. We were engaged in requirements definition, test planning, design and execution across 8 different countries in APAC. This tool was used by the relationship managers to assess customer’s risk profile, map suitable products, and provide advisory services.
- Partnered with a large European private bank for its T24 application upgrade covering portfolio management services encompassing a range of complex securities, forex and structured products.
- Enabled two leading banks in the Middle East to enhance their T24 core banking application with wealth and asset management modules.
Our experienced team draws on context specific accelerators which include customisable test design framework, requirements traceability matrix, various checklists, and templates for planning, stakeholder engagement and meticulous reporting.