Independent financial advisory firm CIGP has partnered with Helsinki-based cloud portfolio management platform provider FA Solutions to streamline its global operations and consolidate its multi-country systems into one single platform efficiently.
The Swiss-headquartered financial institution has deployed the wealth management solution across all of its regulated jurisdictions, namely Geneva, Hong Kong, London, Dubai, and Milan.
With an innovative and decentralized model, CIGP operates from three regional hubs present in five globally renowned financial centers, acting as a gateway to local investment opportunities across asset classes, both listed and private, for its global and international clientele, comprised of entrepreneurs, executives, and families.
In order to best serve its modern and demanding clientele, CIGP needed best in class, fully-integrated and flexible tech infrastructure, allowing it to serve an ever-growing clientele with local specificities, yet ensuring its operations to efficiently handle globally connected (i) trading & order management, (ii) custody/bookkeeping, (iii) portfolio management and (iv) custom reporting operations.
As an independent custodian and private wealth and asset manager, with offices connecting Europe, the Middle East, and Asia, the FA Platform gives CIGP’s clients unprecedented access to all markets across asset classes and via countless strategies.
“Our Swiss and UK platforms act as independent asset managers and advisors (“EAM/IAM”), while in Hong Kong, we also have global custody capabilities, allowing us to open and operate accounts and book clients through our own proprietary entity. Such a “hybrid” and unique setup, marrying the features of a traditional EAM/IAM with the requirements of a global custodian was too complex and unique for other solution providers, which couldn’t provide all the features we were looking for,” said Yashar Rahmatollahi, COO at CIGP.
“FA convinced us by providing a comprehensive suite of core-banking IT services while being flexible and collaborative throughout our interactions during our vetting, due diligence, and integration process,” continued Rahmatollahi.
FA Solutions provides a cloud-based portfolio management platform that automates and centralizes operational processes into one easy-to-use system via multiple APIs. The FA Platform automatically summarises the necessary data in one document based on selected parameters, shedding light on hidden insights.
“CIGP has an impressive history and track record. Over the years, they have effectively weathered change and overcome the complex and sophisticated challenges for their customers from around the world. To do that, they recognized and implemented workflows that fit perfectly with their clients’ needs,” says Hannes Helenius, Chairman of the Board at FA Solutions. “We are proud to now be part of that history as the next-generation solution that enables this bedrock firm to deliver unprecedented access to all markets and countless strategies of wealth preservation for future generations.”
To date, FA Solutions serves over 70 major banks, independent asset managers, and institutional investors in 15 different countries. Founded in 1999, FA Solutions currently has offices in Finland, Sweden, the United Kingdom, and Latvia.