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FIS<br />
WealthStation<br />
Key Statistics<br />
Founded: 1968<br />
Company Type: Public<br />
Headquarters: Wayne, PA<br />
FY 2015 Revenue: $9.3 Billion USD<br />
Company Overview<br />
FIS is a global provider of technology and services to<br />
the financial services industry, serving more than<br />
20,000 clients in over 130 countries. Clients range<br />
from large, global institutions to community banks and<br />
independent financial firms. In November 2015,<br />
SunGard was acquired by FIS.<br />
Product Overview<br />
WealthStation is a web-based, front-office platform for<br />
institutional wealth managers and independent<br />
advisors. The platform provides a holistic, clientcentric<br />
view of account holdings and allows for realtime<br />
advisor-client collaboration. WealthStation offers<br />
tools for client management, financial planning,<br />
investment management, asset allocation, data<br />
aggregation, trading & rebalancing, reporting, client<br />
access, and compliance, and may be deployed as a<br />
fully-integrated end-to-end suite, or with as few or as<br />
many capabilities as desired.<br />
Recent Updates<br />
In 2015, FIS added two additional elements to its<br />
current offering. The first is a series of financial<br />
planning applications available through the Windows<br />
Store in partnership with Microsoft. These include<br />
five tools like a social security optimizer. The second<br />
addition is an adapted WealthStation MyRetirement<br />
analytic tool modified from an advisor to a customer<br />
user. It gives participants the ability to plan their<br />
spending through their retirement years while helping<br />
retirement administrators encourage engagement and<br />
maximize contributions.<br />
CEB View<br />
WealthStation is a modularized solution allowing<br />
firms to use it as a platform or select pieces.<br />
Underlying calculations and engines can be<br />
directed to portals and other enterprise systems.<br />
In addition, WealthStation integrates with best-inbreed<br />
systems like CRM or investment model<br />
providers. The recent acquisition of SunGard (and<br />
the WealthStation product) by FIS will expand<br />
offerings for former SunGard clients and new<br />
users alike, as the combined resources of both<br />
firms can be applied to the offering.<br />
Customer Success Story<br />
• A US National Bank needed a front-office<br />
platform that included tools for client<br />
management, financial planning, investment<br />
management, asset allocation, data<br />
aggregation, trading and rebalancing,<br />
investment reporting, account opening, and<br />
compliance oversight.<br />
• Implementing WealthStation enabled the<br />
integration of third-party, middle- and backoffice<br />
systems and provided a 360-degree<br />
view of the customer including an upload<br />
feature for held-away assets. This enabled the<br />
bank to reorient its client services around goalbased<br />
planning and investing. Future<br />
enhancements will expand on the existing<br />
goal-based financial planning capabilities,<br />
enable more client-facing tools, and enhance<br />
the trading and rebalancing features.<br />
Clients by Geographic Location<br />
Clients by Service Model<br />
<strong>25</strong>%<br />
Source: FIS.<br />
75%<br />
100%<br />
Installed ASP/Hosted SaaS<br />
© <strong>2016</strong> CEB. All rights reserved. 20<br />
cebglobal.com
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