InvestCloud has been selected by Willis Towers Watson’s Asset Management Exchange (AMX) to provide a digital interface to connect asset owners and management.
The solution promises to provide clients with flexible and transparent means to monitor the $2 billion in potential investments available on AMX, a purpose-built marketplace for institutional asset management.
InvestCloud will support a range of asset types, and provides a scaleable solution, in line with AMX’s growth plans.
It will automate and consolidate client reports online through an app, tailoring to the needs of specific client bases.
Bill Jooste, head of digital at AMX, said: “AMX represents the future of institutional investing, using the power of smart technology to make investors’ and managers’ lives easier. We are changing the asset management model, and the initial response to our exchange has been incredibly strong.”
Will Bailey, executive vice president for Europe and innovation at InvestCloud, said: “Asset managers across the globe are at a turning point, and digital presents a fantastic opportunity to transform their business.”
“Done right, digital creates a whole new way of doing business, building greater efficiencies for asset managers and ensuring better business practices, as well as fostering longer and happier customer relationships.”
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