Latest reflections in tech
Another quarter has passed, and the AI train powers ahead. Valuation skyrockets and new innovative solutions seem to be launched on a daily basis. Visa's new artificial intelligence fund is interesting since it is a back-bone infrastructure provider legitimizing generative AI within banking. Potential use cases here span personalization, process automation, fraud prevention, and much more. Deep fake videos are skyrocketing and becoming increasingly sophisticated posing problems for the biggest search engines to sort out what is real or not. Schools in Sweden discussing if they should go back to books, pen and paper. Reading and spelling capabilities have apparently gone down massively but the question is if they will have to read and write. Will be interesting to follow, and politicians might not be the most well-versed in tech to pass judgment.
Innovating Wealth Management
At ROYC, we don't just want to meet industry standards; we want to define them. We constantly research and identify the key challenges faced within the wealth management industry and its eco-system, focusing on the evolving needs and preferences for our clients. We shape our technology solutions to not only address these industry challenges and needs but also to provide tangible benefits such as improved efficiency, enhanced decision-making, cost savings, and better financial outcomes for our clients and partners.
Highlights of our recent features updates include:
- Streamlined investment process
We've introduced a seamless investment process using data aggregation which allows for e-signature and pre-fill documents with clients’ data. This data set up also enables digital external signers and investing on behalf of someone else. At the same time we have optimized the steps to offer a safer and faster subscription process.
- Automated capital calls
Automated workflows for capital calls and distributions process with notifications, automatic document generation and digital signatures. This allows for clear and detailed client communication and management of late payments.
- Expanded Investment Possibilities
Our goal is to redefine private investments, to do that we not only give flexibility to advisors for different type of client set-ups (direct, advised, nominee) but also the possibility to perform subscriptions in different ways; one e-subscription on behalf of aggregate demand or per client subscriptions.
Leading by User-Centric Design
ROYC’s Investor Portal users are now empowered with:
- Custom onboarding
We are now supporting 4 more types of accounts including financial intermediaries, partnerships, limited liability companies and nominee accounts. Always ensuring a smooth investor journey, from first onboarding to investing in minutes
- Enhanced Communication
We have improved communication with investors by integrating customized notifications in email, sms and interactive platform notifications, providing investors with personalized updates and alerts for a more engaging and informed investment experience
- Tailored Customization
Our innovative white-label and feature toggle options give you the power to customize the investor portal to your exact specifications. You control which features and opportunities advisors or clients will see, all while maintaining your branding or utilizing ROYC's own branding
We continuously introduce new features and enhancements specifically tailored to the unique needs of the industry. These updates are informed by our profound knowledge of financial instruments, investment strategies, and regulatory compliance, ensuring that our technology remains on the cutting edge of wealth management innovation. By actively engaging with wealth managers, financial advisors, and investors to gather insights and feedback, we leverage our expertise to create interfaces that streamline complex financial tasks and workflows. Out goal is not just to set new standards; we aim to empower our clients to redefine them.
ROYC’s tech platform is a testament to cutting-edge technology and innovation, setting new standards for the industry. We have engineered it to enterprise-level standards and functionalities while being designed for simplicity and ease-of-use focusing on streamlining the challenges faced by professional wealth managers, advisors and investors.
We provide our B2B customers with an intuitive user experience that requires minimal up-front training to implement and use, while our continuously deployed, multi-tenant architecture ensures that all of our clients are always using the latest technology.
