We’re seeing some genuine demand amongst the broking, wealth management and investment communities right now. The latest editions of CIO & Computerworld magazines illustrate this with some PR around stockbrokers Redmayne Bentley’s adoption of Invu. The firm joins others such as Charles Stanley, Vestra Wealth and others in the broking sector. The driver here is not just enhanced efficiencies and cost savings but a strong compliance driver. Keeping pace with FSA obligations is a costly and potentially fraught experience with accurate and complete records an absolute requirement. This includes all client communication, transactions and proof of full diligence. For Redmayne Bentley the introduction of Invu has given peace of mind whilst also reducing costs through integration with existing stockbroking systems. Better access to client and transaction information has also improved service to clients. With 30+ offices to keep onside Redmayne Bentley recognises the benefits of keeping its documentation secure and immediately accessible. It’s 30+ offices face stringent FSA compliance obligations and the wealth management firm has identified its reliance on paper documentation as an obstacle to efficiency and record keeping. We see this as a growth area, building on Invu’s already strong position in the insurance, IFA and accountancy sectors.
