Prospero

The Prospero Suite, developed by FINARTIS SA, is a wealth management software solution designed to streamline order management processes, track investment goals and preferences, and manage clients' portfolios for financial institutions. According to the vendor, Prospero caters to a range of professionals and industries including wealth management firms, private banks, investment advisory firms, asset management companies, and family offices.

Key Features

DIGITALLY-ENHANCED Client Relationship: According to the vendor, Prospero offers a management system for current and prospective clients, covering all aspects of CRM, from prospect and investor due diligence to compliance and profiling. It provides a customizable multi-channel solution with a sleek interface, secured messaging, and report sharing.

INCREASE Front-Office Productivity: The vendor claims that Prospero automates front-office activities, reducing administrative tasks and enabling advisors to focus on higher value-added services. It streamlines processes from client onboarding to trade execution, providing rule-based workflows and automation for all asset classes.

ATTAIN Operational Excellence: According to the vendor, Prospero streamlines and automates middle and back-office operations, offering a full suite of services for automatic trade transmission reconciliation. It also provides advanced connections to custodians, data providers, and core-banking systems, aiming to reduce costs and risks through standardized, straight-through processing.

Investment Strategy: The vendor states that Prospero automates investment strategy implementation and monitoring, recognizing shifts in the framework and recalibrating portfolios accordingly. It aims to empower Portfolio Managers to restore portfolios to their targets automatically, considering investment constraints, compliance rules, tax constraints, and cash projections.

Portfolio Management: According to the vendor, Prospero automates portfolio management operations, conducting drift analysis to establish portfolio movement from the target model. It recalibrates portfolios based on individual investment constraints and provides compliance checks and tax constraint management.

Customers Management: The vendor claims that this feature seamlessly manages current and prospective clients, covering all aspects of CRM, from due diligence to compliance and relationship management. It tracks and manages clients' investment goals, objectives, and preferences, offering contact preferences and reporting customization.

Digital Customers Portal: According to the vendor, Prospero provides customers with a versatile multi-channel platform accessible on tablets, mobiles, and laptops. It aims to offer a unique digital experience with transparent and tailored investment advice, along with a customizable interface, secured messaging, and report sharing.

Analytics & Reports: The vendor states that the software provides comprehensive analytics and customizable reports, offering a 360° overview of customers, models, funds, and portfolios. It includes a range of specific business analytics tools based on requirements, aiming to enable data-guided decisions and execution of trades.

Illiquid & Alternative Investments: According to the vendor, Prospero aims to generate alpha in alternative investments, covering a wide range of asset classes including equity, fund, private equity, real estate, and more. It supports limited partnership and derivative investments, offering comprehensive analytics and reporting for alternative investments.

Custodian Interfaces & Reconciliation: The vendor claims that this feature establishes connections to custodians, data providers, and core-banking systems, aiming to facilitate streamlined and automated middle and back-office operations. It enables standardized, straight-through processing from settlement to corporate actions, aiming to reduce costs and risks through clean and coherent data presentation.