Wealth Management Network from Fiserv supports the industry's first model communication infrastructure for investment managers, overlay managers and sponsors. Model Information Exchange supports separately managed accounts (SMA), unified managed accounts (UMA) and models-only programs.
Within Model Information Exchange, managers will be able to leverage Model Management from Fiserv to maintain models and initiate model communication to sponsors. The sponsor destinations available in this phase include all sponsors who leverage Model Management as their model portal.
Fiserv continues to expand its model hub by engaging sponsors who do not use this industry-leading model management solution. Sponsors using model exchange capabilities can receive models from managers in a consistent format through a single hub. In addition, sponsors can share data on how managers should use the models by leveraging the model reporting feature.
Managers and sponsors are able to exchange specific messaging with each model communication. The messages can be used for trading instructions, no trade instructions, limit prices or to simply reiterate what has changed in the model. The messaging leverages Unified Wealth Platform and Wealth Management Network from Fiserv to ensure quick delivery of model messages between managers and sponsors.Download