Clime licenses new IMA software

Software portfolio management portfolio manager

21 July 2004
| By Craig Phillips |

By Craig Phillips

INDIVIDUAL and discrete private client portfolio manager Clime Asset Management has struck a deal with niche managed account software group Financial Simplicity to license a new Individually Managed Account (IMA) portfolio management tool.

The software, according to Clime Asset Management managing director Roger Montgomery, increases efficiency by allowing companies to “do away with complex spreadsheets”.

“With Financial Simplicity, we are able to rapidly and effectively apply the Clime research recommendations to all our individual client portfolios with precision and ease, allowing us to spend more time on our core investment research and selection activities,” Montgomery says.

He claims the software significantly reduces the effort and costs of rebalancing and implementing changes to individual client portfolios.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

19 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

5 days ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 3 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 22 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

3 days 1 hour ago