Fi-Tek Launches Wealth Management Technology to Support Northern Trust's New Managed Account Solutions Program
Edison, New Jersey
Fi-Tek, a long term technology provider to Northern Trust, has extended its relationship to support a new investment advisory program recently launched by Northern Trust Asset Management.
Northern Trust's Managed Account Solutions are designed to provide trust and community banks, registered investment advisors and broker-dealers with access to a comprehensive open architecture investment platform. Fi-Tek's technology seamlessly combines Northern Trust's broad investment product suite with essential wealth management platform functionality in a single customizable and scalable program.
The Northern Trust program is built on Fi-Tek's leading edge wealth management platforms – Global Wealth Enterprise Solution™ (Global WealthES) and TrustPortal. Fi-Tek's integrated managed account platform, Global WealthES, enables advisors to leverage Northern Trust's solutions to maximize practice efficiency and create a more disciplined portfolio management process, while retaining the desired level of firm discretion on security selection, asset allocation and portfolio rebalancing.
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