Print this article

Fiserv Unifies Its Managed Account Offering

Harriet Davies

19 October 2011

Fiserv, the Nasdaq-listed financial services technology provider, has integrated its managed accounts products into a single platform.

The firm’s unified wealth management platform is now available for clients, including separately managed accounts , mutual fund advisory, rep as portfolio manager and exchange-traded funds .

The new managed account service will operate as a product-agnostic platform, and multi-sleeve accounts will continue to work as they do today, according to the company.

Traditional SMAs, MFAs, RPMs and ETFs will be set up as a sleeve or strategies, and clients will be able to switch from from single- to multi-sleeve products.

“This represents an important milestone in the Fiserv strategy to converge technologies, which also includes integration of front-, middle- and back-office technology and data aggregation to deliver unified managed household capabilities,” the firm said in a statement.