As a Correspondent Clearing Firm, your organization has an opportunity to grow its business by attracting and retaining more correspondents. In this competitive landscape, you need to provide correspondents with high volume processing, support their different business models, provide accurate billing and reporting and enable them with a comprehensive front office solution.

Fidelity Information Services Wealth Management, (FIS Wealth Management) makes it easy for you to provide a fully outsourced solution to your correspondents. Wealthware™, our high-end and integrated front office solution provides a feature rich tool set for order management, portfolio management and CRM and market data and alerts.

Wealthware can leverage your existing settlement and clearing infrastructure, posting data to your standard back office system. Wealthware also supports a number of correspondent business models, including the flexibility to offer direct trading.

Wealthware has a module that provides Correspondent Clearing Firms with the ability to accurately calculate and bill for the services provided to each of your correspondents. FIS Correspondent Ledger is a flexible accounting-based system that will electronically track, calculate and distribute unique billing arrangements and accommodate various billing models, currencies, technologies and other ledger systems.

FIS Wealth Management has the technology and the expertise to help you to profitably grow your business. We set up each of your correspondents in our ASP environment so adding new correspondents and providing them with a complete solution is easy. The result is no large capital outlay for you or your correspondent firms and costs are associated with usage, enabling correspondents of any size to utilize the full solution suite.

FIS Wealth Management has been providing a wealth management platform to the financial services industry since 1989. Our extensive securities expertise and our understanding of the advisory model provide our international client list of tier one and two financial services companies with the most comprehensive wealth management solution suite. By supporting new business models and the latest platforms and through continuous R&D, we can quickly deploy the solutions required to maintain market readiness.