Ardan International implements FRS technology to grow wealth business

FRS extends its wealth investment management technology offering for Ardan International’s next generation wealth platform and client portal.

Dublin, Ireland – 3 December 2020 Financial Risk Solutions (FRS), traditionally a provider of investment administration software to the life assurance and asset management sectors, is pleased to announce the adoption of its technology by Ardan International, an Isle of Man-headquartered wealth management provider, in its new wealth management platform. FRS’ investment management technology offering provides a complete solution for the build, servicing and distribution of wealth products.

Ardan International, an EMEA market leader with significant success in the Middle East, won Best Platform at the 21st International Investment Awards last month for its ease of use and round the clock service to international intermediaries.

Powered by FRS technology, the wealth management platform enables Ardan International to provide a secure investment portal to their internationally-mobile clients who want to self-manage their investments. The white-labelled technology allows an investor or their authorised financial advisor to manage purchase and sale requests of assets, send validated trade instructions straight to market and view portfolio valuations in real-time. For Ardan International the solution provides automated investment administration for straight-through-processing (STP), ensuring a seamless investment process from investor through to asset.

The decision to upgrade systems to FRS technology was driven by FRS’s track record in the wealth management sector as a provider of award-winning investment administration software. The solution has assisted Ardan International to:

  • Significantly enhance the digital journey and provide a faster and more intuitive user experience for their clients.
  • Expand their investment product suite with new model portfolios and other investment products, compliant with the latest regulations, in a matter of days.
  • Grow their business through robust technology that allows them to easily extend their distribution capabilities while maintaining only one centralised investment administration system.
  • Establish a new operating model that complements light human touch with rigorous back-office controls.

Ardan International CEO Sarah Dunnage said;

“FRS’s technology has enabled us to develop a world-leading wealth management platform that significantly enhances our clients’ digital experience. The transition has been seamless, and we are excited by our improved customer proposition, rich functionality and the light-touch platform for new business. This solution will help us scale our business and execute our expansion plans over the next few years.”

Frank Carr, Chief Marketing Officer at FRS, commented;

“We are thrilled to extend our capabilities in the wealth management sector through our partnership with such a growth-focused firm as Ardan International. Our front to back-end technology was originally built for scalability and operational efficiencies in the life assurance and fund management sectors. And it’s exciting to see Ardan’s utilisation of it to enhance their clients’ user experience while maintaining rigorous back-office controls around individual investment management in this growing wealth industry.”