Get a better grip on your Asset Management workflow
How can Asset Management Firms & RIA’s use OpsCheck?
customized to fit and adapt to any type of financial firm around the globe.
Future operational technology
Deep operational visibility
Thorough operational control
An application for Asset Management Firms & RIA’s
- Centralized task management workflow and oversight
- Powerful visual reporting and notifications
- Adapts to any type of business of any size
- Easy collaboration, communication, and document storage
- Greatly improve team efficiency and accountability
- Coordinate across teams, offices, and timezones
- Flexible integration with third party applications
- Centralized communication hub for the entire firm
- Provide transparency to regulators and clients
Built for Asset Management Firms & RIA’s
As portfolio managers and traders execute investment decisions, the amount of work and responsibility for all non-investment functions is very challenging. Whether you perform these functions internally or outsource them, the responsibility to accurately perform these jobs remains with the firm. These jobs include middle and back-office operations, valuations, performance measurement, management company and fund accounting, client service, reporting, treasury, compliance, and all other functions to manage business operations. Mitigating operational risk and preventing operational failures are paramount. OpsCheck elevates your level of control and oversight for any of or all these functions.
Success and change in the financial industry have always been driven by three major forces: client demands, business competition, and innovation. With the advent of the internet, these pressures increased dramatically with clients and customers demanding fast quality services, regulators and auditors expanding asset managers’ obligations, and nimble start-up challengers like online banking and other financial service providers making inroads into the mobile markets.
With the move to remote working environments due to COVID 19, automated data systems as well as communications platforms have become critical tools for the continued functioning of asset management firms.
As part of the firm’s security measures, regular reviews and testing of technology systems should be incorporated. OpsCheck can support staff coordinate these efforts by tracking who or what is accessing software, files, and third-party vendors. Increased remote access to systems also leads to increased opportunity for unauthorized personnel and even malicious hackers to gain access to sensitive information or, worse, client accounts themselves.
Asset management firms have always been required to protect investors’ assets. The COVID-19 pandemic has seen a rise in identity theft aided by inadequate remote verification procedures. Firms should consider instituting heightened review of processes that involve investor asset movement such as check processing and transfers. OpsCheck’s versatile checklist notifications can automate notifications and confirmations for both the firm and the client when assets move – alerting all parties to the successful performance of normal business while also protecting against unauthorized transactions.
Does OpsCheck have different levels of user access?
Is my firm’s activity in OpsCheck auditable?
OpsCheck contains a full and exportable audit trail with robust filtering to retrieve and verify the status of any task and track all changes. OpsCheck was built with the integrity of data being paramount.