enSynergy International – the specialist provider of wealth management and PSA software – announced the release of enVisual Boutique a small business edition of its successful enterprise Wealth Management / Trust and Corporate Services suite enVisual SQL. enVisual Boutique is aimed at small to mid sized Offshore Financial Service Firms and Family Offices.
As with the enterprise version, enVisual Boutique is modular based, with each module performing the tasks of a specific business function. Modules can be implemented to operate independently or as a fully integrated solution. Boutique is fully multi-currency and can be supplied to support multiple jurisdictions. Boutique also offers a seamless upgrade path to the full Enterprise Edition of enVisual when required.
Boutique leverages the maturity, functionality and robustness of the enVisual Enterprise system; a proven suite of product modules in use by many of the leading wealth management firms. Many of the modules from the enterprise edition of enVisual will be offered in a Boutique version including:
CRM Contact, task and relationship managementTrust and Corporate AdministrationComplianceCompany / Trust Accounting LedgersInvestment / Portfolio ManagementDocument ManagementStaff time recording / rapid billingSafe Custody
Boutique modules are seamlessly integrated, eliminating the need for multiple, disparate systems as well as the costs and risks associated with such infrastructures.
Boutique is a client-server application, however in order to provide further cost savings, it can be supplied with the free Microsoft SQL Express database. Alternatively Boutique can make use of an existing SQL Server database platform. enVisual Boutique and has a seamless upgrade path to the larger more functional enVisual Enterprise.
The need for SME firms to achieve cost savings and reduce risks via a fully integrated system is just as important as that of larger enterprises, says Brett Hall, director of business development at enSynergy. Until now smaller firms could not afford the typically large ticket prices demanded by feature rich wealth management systems; Boutique changes all of that. With the global financial downturn, we have seen enormous changes to the financial services landscape; there are a great number of new wealth management firms on the rise; most of these are smaller, agile and more sophisticated than ever before; we see these firms as our new Boutique customers.
D.C.