Wealth Management Solution - Features

NewgenONE Platform for

Safeguard and multiply your client’s assets with a holistic wealth management solution.

Managing sensitive financial information is critical in wealth management to maintain clients’ trust and ensure regulatory compliance. To transform the experience of your high net worth clients, you need to deliver more—quickly and effectively and make it personalized. Newgen’s Wealth Management Solution, built on a low code framework, can revitalize your wealth management business processes, including onboarding, credit origination, loan-to-value calculations, contract generation, and wealth management reports. Trust our solution to deliver paperless workflow, reduced manual intervention, and easy compliance with various legal requirements that can significantly improve your turnaround time and enhance your customer experience.

Features of Newgen Wealth Management Solution

Robust Automated Workflow

Automate the complete client lifecycle, including onboarding, maintenance/servicing, and offboarding. Facilitate sequential and parallel routing of cases and configure UI/UX as per branding guidelines. Enable rights-based authorization for users at every stage of the credit application. Capture audit trails at each step, automate covenant monitoring and manage exceptions with ease.

Unified and Consistent Data Capture

Digitize form filling for onboarding and credit requests. Empower users to switch between forms and save partially filled forms. Utilize one single consistent data transformation layer for all credit and lending data. Capture additional credit data systematically. Track Service-Level Agreements (SLAs) and Key Performance Indicators with real-time process-specific report generation.

Integration with 3^rd party Systems

Enable real-time integration with market data providers using Simple Object Access Protocol and Representational State Transfer APIs (Application Programming Interface). Utilize integration with credit bureaus, external KYC applications, FX rates, Market Data providers for various products, and much more. Leverage Loan to Value (LTV) calculator integrated with real-time market data providers.

Configurable Business Rules Engine

Perform financial analysis and calculate financial ratios with configurable rules. Apply rules on specific products with exceptions on certain currencies, exchanges, etc. Export data in different formats and trigger e-mail notifications to different teams. Enable rule-based routing and calculations.

Centralized Document Management

Facilitate document space and rule engine to identify required documents based on the account or request type. Archive content in a centralized repository. Discover documents easily with content and metadata-based search. Apply different policies for long-term content archival for audit purposes.

Simplified Contract Management

Orchestrate contract remediation and repapering. Enable seamless advisor-client communication for contract renegotiation and approvals. Repaper large volumes of documentation effortlessly for account forms, mortgages, and more. Handle exceptions and approvals and track SLAs to ensure timely processing.