Market Overview

Advisors Achieve Greater Efficiency with Enhanced Unified Managed Account Capabilities from Fiserv


Updated user interface and workflow streamlines portfolio management
and trading

(NASDAQ:FISV), a leading global provider of financial services
technology solutions, is enabling financial advisors to operate more
efficiently through enhanced unified managed account (UMA) capabilities.
A new interface and streamlined workflow within Unified Wealth Platform
from Fiserv optimize portfolio management and trading of UMA accounts,
providing financial advisors with a superior user experience and the
capabilities they need to better serve investors.

UMA accounts have soared in popularity as advisors and investors have
increasingly demanded a holistic view of investments. In its annual
report, U.S.
Managed Accounts 2017: Convergence and its Implications
, Cerulli
Associates, a global research and consulting firm that follows global
asset management trends, states that the migration of managed account
products onto a single architecture is helping to drive growth in the
industry. The UMA has become the destination for all packaged managed
account programs, including mutual fund, separate account, and ETF wrap
products. Cerulli predicts that the value of UMA assets will continue to
grow as part of this consolidation trend.

Unified Wealth Platform from Fiserv positions financial institutions and
advisors to take advantage of this trend. Fiserv is a pioneer in
flexible UMA overlay technology, with an open structure and intuitive
user interface that allows advisors to shift between managed account
programs, asset allocations, and even strategist selections, without
administrative or operational friction.

"Unified managed accounts continue to grow in popularity because of
their ability to provide a better experience for the investor and the
advisor," said Cheryl Nash, president, Investment Services, Fiserv. "As
financial institutions utilize UMAs to support their managed account
programs, Fiserv offers the security and scalability advisors need to
manage all accounts on a single platform and service investors
throughout their lives."

Unified Wealth Platform allows for automation across the entire wealth
management process, including financial planning and advice, retirement
income analysis, portfolio management, trading, accounting, portfolio
performance, and reporting.

The new enhancements from Fiserv allow advisors to easily access robust
UMA portfolio management and trading capabilities, with more flexibility
in overlay programs. A new user experience and more efficient workflow
is combined with enhanced services that support decision-making, order
generation, and cash management, as well as the management and routing
of proposed orders. Trading, switching between overlay managers, and
investing money are more efficient, decreasing time to market. Same-day
transactions and account opening improves advisor efficiency and lowers
total cost of ownership for accounts while making the entire process
easier for the investor. The unique hybrid UMA structure holds active
and passive investments alongside multiple overlay managers within a
single multi-sleeve account.

Unified Wealth Platform supports over $1.8 trillion in assets for an
elite list of wealth management firms, including 10 of the 12 top
broker-dealers and the 10 largest institutional asset managers in the
United States.

In a world moving faster than ever before, Fiserv helps clients deliver
solutions in step with the way people live and work today – financial
services at the speed of life. Learn more at

Additional Resources

About Fiserv

Fiserv, Inc. (NASDAQ:FISV) enables clients worldwide to create and
deliver financial services experiences in step with the way people live
and work today. For more than 30 years, Fiserv has been a trusted leader
in financial services technology, helping clients achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
insights and optimization. Fiserv is a member of the FORTUNE®
500 and has been named among the FORTUNE Magazine World's Most Admired
Companies® for five consecutive years, recognized for
strength of business model and innovation leadership. For more
information, visit


View Comments and Join the Discussion!