TechRules

✅ Data Integrity in Wealth Management: Prioritize Data Quality to Improve Advisor and Client Experiences In today’s data-driven world, firms that prioritize data integrity and data governance stand to gain better insights into their enterprise activities. They also ensure that their data is trustworthy, leading to sound investment decisions, efficient operations, and more valuable client experiences. However, the benefits of accurate data can be undermined when the proper controls and oversights are not in place. Such was the recent case of a large U.S. financial services firm that was fined more than US$1 million for providing inaccurate interest-rate information over a 12-year period. What Happened? ⚡ Between 2010 and 2022, the firm distributed more than one million client account statements and transaction confirmations containing inaccurate, imprecise, or outdated interest-rate information for more than 10,000 foreign variable-rate securities. ☄️ The firm ignored warning signs that it was sending inaccurate interest-rate information to clients. 🔥 The firm did not investigate the cause of these inaccuracies. What was the Fallout from the Data Failures? ⛈️ The firm incurred a substantial monetary fine and reputational damage to its brand. 🌀 The firm was ordered to implement corrective actions to improve its data quality and supervisory procedures. This incident underscores the consequences of inadequate data governance and insufficient system controls. Don’t Let Data Quality Hold You Back At Univeris (TechRules), we know that data integrity is crucial to organizations wanting to make informed decisions and foster client trust. That’s why you can rely on Univeris Advisor's Data Quality Assurance (DQA) tool to help you identify any daily data anomalies that may require further investigation. Our DQA tool also simplifies the large task of ensuring data quality and accuracy when it comes to performance calculations, thereby mitigating numerical errors and reducing client portfolio risk by: 🌝 monitoring and verifying back-office data quality on a daily basis; ☀️ detecting inconsistencies before they affect profitability and risk calculations; 🌞 and helping to ensure the accuracy of reports generated for clients. When financial institutions fail to prioritize data accuracy and integrity, the repercussions can be significant. This case highlights the importance of having robust data quality controls and investing in high-quality data tools. With our DQA solution, you can mitigate risks, improve operational efficiency, and maintain client trust. 🌟 To learn more about how Univeris Advisor's DQA tool can strengthen your data-quality control processes, or to discover our other services, contact us today at [email protected]. www.univeris.com | www.techrules.com #WealthManagement #DataQuality #FinancialServices #RiskManagement #Univeris #UniverisAdvisor #TechRules

On July 9th, the TechRules-Univeris team had an off-site meeting at the Eurostars Hotel in Pozuelo de Alarcón, Madrid Throughout the day and through the challenges we organized, we were able to witness creativity, joy, collaboration, but above all, camaraderie. The highlight of the day was the creation of a 3 x 1.5 meter mural from 10 blank canvases. We organized ourselves into groups to create each of the 10 parts that make up the mural, constructing an image that symbolizes our company, TechRules-Univeris: a modern enterprise with sustainable foundations, a bright future, and a commitment to delivering the best platform and service to our clients.

At TechRules, we are excited to share our latest article about the transformative phenomenon of Advisory 3.0. We believe that the next generation of financial advisors will stand out by embodying two essential qualities: - Hyper-Personalized Service: Tomorrow's advisors will deliver tailored services to every client, not just the top 10% most profitable ones. - High Efficiency: Utilizing cutting-edge tools, these advisors will fully embrace the digitalization of all business processes within their firms. Learn more about how these characteristics will redefine the financial advisory landscape and set new standards for success. 👉 Read the full article below and visit our website www.techrules.com #FinancialAdvisory #Advisory3 #TechRules #DigitalTransformation #ClientService #Efficiency #Innovation

In the financial world of 2024, wealth management professionals are preparing for a year of challenges and opportunities. With economic uncertainty and fluctuating markets, it’s essential for financial advisors to stay alert to new trends that could significantly change wealth management. These are the main trends currently influencing our industry.

🌟 Presentamos Tower: ¡La herramienta esencial para asesores financieros! 🌟 ¿Está buscando mejorar la gestión de inversiones para su red de asesores? Descubra Tower, diseñado para optimizar carteras y proporcionar todas las herramientas necesarias que los asesores necesitan para una gestión eficaz del día a día. 📈 Seguimiento y análisis de inversiones 📊 Gestión eficiente de clientes y carteras  🔍 Identificación de oportunidades y riesgos ¿Está interesado? 👉 Pídanos una "demo" y así podrá descubrir como logramos ofrecerle la inversión más óptima: https://lnkd.in/dnhVq_Z #RedDeAsesores #GestionDeCarteras #HerramientasDeInversion #Tower #BancaPrivada

🌟 Introducing Tower: The Essential Tool for Financial Advisory Networks! 🌟 Are you looking to streamline investment management for your network of advisors? Meet Tower, designed to optimize portfolios and provide all the tools advisors need for effective day-to-day management. 📈 Track & analyze investments  📊 Efficiently manage clients and portfolios   🔍 Identify opportunities & risks Interested? 👉 Book your demo today and discover smarter investing: https://lnkd.in/gBq52QW #AdvisorNetwork #PortfolioManagement #InvestmentTool #Tower #PrivateBanking

La Taxonomía en finanzas sostenibles en Panamá es un sistema de clasificación que define los criterios claros y evaluables, basados en la ciencia, para identificar y promover, las actividades económicas que contribuyen a la transición hacia una economía sostenible, resiliente e inclusiva del país. Se basa en los principios rectores de: · Interoperabilidad que facilitará el flujo de comercio y de capital transfronterizo hacia este tipo de inversiones en Panamá y fortalecerá la cooperación financiera internacional y · Comparabilidad puesto que los sistemas de clasificación y de las actividades deben ser similares en los enfoques y metodologías utilizados para la eligibilidad. Y se toman como referentes la Taxonomía de la UE y regulaciones similares en Colombia, México y de las futuras de Costa Rica, República Dominicana e Uruguay. ¿Qué Es? · Herramienta de transparencia basada en un sistema de clasificación que identifica actividades económicas que pueden ser consideradas ambientalmente sostenibles · Usa criterios claros y basados en ciencia · Permite a los inversionistas, empresas y otros actores a tomar decisiones informadas sobre inversiones ambientalmente sostenibles ¿Qué NO es? · No es una lista de actividades económicas que obligue a las empresas y a los inversores a invertir · No es un requisito obligatorio para la inversión pública · No es un requisito obligatorio sobre desempeño ambiental para empresas o productos financieros La arquitectura de esta taxonomía se basa en 7 objetivos medioambientales y en los criterios de clasificación económicos. Objetivos ambientales: 1.    Mitigación del cambio climático 2.    Adaptación al cambio climático 3.    Protección y restauración de la biodiversidad y ecosistemas 4.    Gestión del suelo 5.    Uso sostenible y protección del recurso hídrico y ecosistemas marinos 6.    Transición hacia la Economía circular 7.    Prevención y control de la contaminación Actividades económicas (clasificación) 1.    Contribuye al menos a 1 de los 7 objetivos ambientales 2.    No causa daño significativo a los otros seis objetivos ambientales 3.    Cumple con las salvaguardas sociales mínimas ¿Cómo impacta la inversión sostenible en las inversiones? Según informes de distintas consultoras y gestoras de fondos, están convencidas de que el uso de factores ESG les van a suponer un impacto positivo en sus procesos de inversión y que los conducirá a decisiones de inversión mejor informadas. En definitiva, esperan una mayor rentabilidad y un mayor ajuste al riesgo a largo plazo. Esta convicción se respalda por el creciente cuerpo de evidencia, así como por sus propias experiencias de inversión. Como resumen, esta Taxonomía de Finanzas Sostenibles de Panamá es un mecanismo crucial que contribuye a alinear el sector financiero con los objetivos ambientales del país.

🌟 Delighted to share our latest thoughts on portfolio data aggregation and its challenges and opportunities. Check out our new article to see how Techrules can help entities adapt to the new environment. 🔗 Read our full analysis here and visit our website www.techrules.com  We greatly value your insights and feedback! We’re keen to spark enriching discussions and hear what you think. #PortfolioDataAggregation #Finance #Techrules #Innovation

Happy to share our latest article exploring the implications of MIFID III and how Techrules can provide assistance. Your feedback is very important to us—we're keen to spark engaging discussions! Visit our website www.techrules.com and drop us a message. #MiFIDIII #RIS #FinancialAdvisory #TechRules #Innovation #compliance

Excited to share our latest article diving into TechRules' initiatives in using AI within the Wealth Tech sector! Discover how our advancements are reshaping wealth management practices, from personalized client experiences to data-driven investment strategies. We're eager to hear your feedback and engage in insightful discussions! Visit our website www.techrules.com and leave us a message. #AI #FinancialAdvisory #ArtificialIntelligence #Techrules #Innovation