Los Angeles-based RNC Genter Capital Management has deployed Fiserv’s Asset Manager Connect to increase access to managed account sponsors.
The web-based interface streamlines workflow process by providing a single point of entry for asset managers to communicate with managed account sponsors.
Fiserv claims that its platform will enable asset managers at RNC Genter to securely manage portfolios without having to sign-in into multiple platforms.
It will grant them access to holdings, transactions and executions for trading and reconciliation across multiple sponsor platforms through a single web-based application on their desktop, the company added.
Asset managers can also communicate with managed-account sponsors across the Fiserv’s Wealth Management Network. The network provides asset managers with access to a network of 70 sponsor firms, including eight of the top 10 broker-dealers in the US.
RNC Genter vice president of operations John Barry said: "Historically, data aggregation and switching between sponsors in a multi-token environment created challenges for us. Asset Manager Connect changes everything. One easy to use tool aggregates rich data across the extensive sponsor network from Fiserv, providing simultaneous sponsor views, unified downloads, and a single file for cross-platform trading.
“Asset Manager Connect enables managers to work and scale with much greater efficiency. We're pleased to be an early adopter of this exciting Fiserv technology."