MyWebDepot – the 360-degree Portfolio Management System for Banks, Asset Managers and Insurers
MyWebDepot is a software solution (SaaS) for financial service providers. It ensures compliance with regulatory requirements such as MIFID and FIDLEG and enables efficient client advisory and asset management services. MyWebDepot is highly customizable, flexible and can be used in companies of all sizes.
Benefits of MyWebDepot
Single solution for
financial service providers
MIFID and FIDLEG compliant
advisory process
Consolidation thanks to
automated banking interfaces
Integrated
contract management
Implementation for
electronic signatures
Are you seeking a portfolio management software for your asset management?
MyWebDepot accompanies you throughout the asset management life cycle. Acquire new clients with our client onboarding and contract management and document your advisory services according to the most current legislation. MyWebDepot provides you with support for the professional management and documentation of client assets while also taking the latest regulatory requirements into consideration.
MyWebDepot is the result of over 17 years of market experience and development. The software is continuously adapted to ensure compliance with current, up-to-the-minute technical and regulatory requirements. Financial advisers, banks and insurers of all sizes take advantage of portfolio management. With regard to the regulatory requirements of the financial market for asset management in particular, MyWebDepot offers you a comprehensive solution for legally compliant client support.
Take the lead with the help of MyWebDepot portfolio management software:
- Creates transparency across your entire pool of customers
- Enables continuous monitoring
- Automates your reporting process and offers clients added value
- Allows you to plan with confidence
- Enables you to concentrate on your core business
- Automates book entries
- Provides audit support
- Is simple and intuitive to use on nearly any device
The portfolio analysis focuses on client asset allocation and development. Personalized investment strategies, model portfolios and benchmarks can be assigned to individual client portfolios for comparison with the agreed strategy and effective portfolio. Performance is calculated based on the money-weighted return (MWT) or time-weighted return (TWR) method and can be reported with performance characteristics over any period desired. Managed assets can be viewed at a glance and can be consolidated and displayed by financial services provider, sales agency, client, family, company and securities account/depository. Countless other analyses are available from individual overviews and items to the specific details of the underlying transactions.
The MyWebDepot adviser module includes an efficient process for managed onboarding of new clients.
- This managed process takes the adviser through the capture of client data and all information required to produce the client’s risk profile. The account opening process can be connected to a core banking system so that the client account is then automatically opened there.
- An investment proposal can be generated automatically using a robo-advisor, or manually on the basis of recommendation lists. The system compares the client’s risk profile with the risk classification of the financial instruments to achieve this.
- At the end of the process, the contracts and forms that are needed are generated by the system. All criteria can be adapted to the financial service provider’s requirements.
- The same MIFID, FIDLEG-compliant process is used for periodic client advisory.
All of your forms and contracts can be managed in MyWebDepot along with those of the connected banks. To simplify the process for the client and bank, the available data is linked directly to the relevant documents. Documents can also be signed electronically if required. When saved this way in MyWebDepot, these documents can be accessed by the wealth manager and even directly by the client if desired.
The integrated asset allocation allows targets and tolerances to be defined per investment category and currency. A standardized or customer asset allocation can be assigned to the portfolio. Variations from the model in response to changes in the market or strategy are evaluated automatically allowing the wealth manager to intervene strategically.
SOBACO can prepare daily business data for each end-of-day operation. It has more than 60 bank interfaces that are automatically loaded, verified and enhanced as required. Data from other banks can also be captured in an efficient manual process. Securities, foreign exchange and cash positions are revalued daily in MyWebDepot using the latest prices.
- Client onboarding
- Client profiling
- Appropriateness test
- Risk-bearing capacity (RBC)
- Target market comparison
- Suitability report
- Ex ante cost benefit analysis (CBA)
- One-time and savings plan investment
- Form completion for select depositories/custodians
- Electronic signature
- Storage of documents with unique ID in “docubox”
- Regular client profile review
- Online securities account management
- Consolidation of all security holdings regardless of the depository
- Securities account overviews, transaction lists
- Sample securities accounts
- Client reporting
- Limit setting/Loss threshold monitoring
- Docubox for the transfer and storage of documents
- End client access
- Integration of the central dashboard into in-house systems
- Rights-controlled activation for viewing agents or client holdings
- Securities account analysis
- Securities database
- Performance calculations (FIFO, averaging formula, MWR, TWR, modified dietz)
- Asset class monitoring, order generation from 3/2018
- Responsive design (tablets and mobile)
- Create your own benchmarks
- Multi-language capability
- Multi-currency reporting
- Fee module from 7/2018
- Service for sales controlling
- Integration of the central dashboard into in-house systems
- Hierarchical sales structure
- Agencies
- Assignment of agencies or brokers to the sales manager
- Visualization of all structures including client assignment
- Rights-controlled activation for viewing agents or client holdings
- Personalized central agent dashboard
- Tabular and graphical visualization of the assigned client holdings
- Schedule management (e.g. life insurance policy expiration, new clients, cancellations)
- Product sales development analyses
- Docubox for the transfer and storage of documents
- Daily sales reporting
- Visualization of asset allocation in portfolios, funds of funds, funds policies and their performance
- Complete transparency for all fund holdings
- Consolidation of all fund holdings regardless of the depository
- Holdings by depository location
- Holdings by product company
- Holdings by product
- and much more.
- Seamless integration into the existing system landscape
- Customer investment dashboards integrated into your company portal (Omni-Channel)
- Customer portfolio overview for your sales and back office
- Management of investment products from the central organization’s perspective
- Control of all transactions including BPO service
- Simple activation for customers via single sign-on
- All of the most important information concerning securities assets in a clear, compact overview
- Tabular and graphical visualization of asset allocation
- Statements of deposited securities
- Transaction lists
- Fund holdings performance analysis
- Inclusion of proprietary forms with electronic signature option
- Chart module with comparison options
- Docubox for sending and storing documents
- Client reports (quarterly, half-year or annual reports)
- Info charts for attachments
- Loss threshold warnings
The MyWebDepot asset statement is presented in the financial service provider’s corporate design and presents a graphical, consolidated analysis of client assets. The asset statement is generated in the client’s language and includes all of the desired overviews, details on individual line items and even individual transactions. Prepared documents are printed and/or saved as a PDF to a docubox for further use.
- Choice of 11 different standard reports
- Personalized reporting based on client specifications
- Ex post fee reports
- Choice of report language (German, English, Spanish and others available)
- Choice of reference currency
- Automatic storage in client docubox or transfer to third-party systems
- Direct online client access via bank/asset manager/advisor website
- Secure connection via https access
- Access via PC, tablet PC, mobile phone
- Evaluation options
- Central customer dashboard
- Depot surveys
- Transaction lists
- Securities account analysis
- Performance charts
- Report generation
- Securities search
- Own docubox for viewing documents and communicating with advisors
- Flexible calculation of asset management/service fees based on the securities volume, performance or as a fixed fee
- Individual allocation of settlement models by customer or customer groups
- Fee models saved autonomously
- Ability to define settlement periods or individual periods
- With or without VAT ID (VAT rate can be selected for different countries)
- Reference indices for performance calculation
- Custom text design for client correspondence
Your contact in germany
Your contact in switzerland
Other SOBACO solutions
Sectors MyWebDepot is suitable for
MyWebDepot – Sales organizations
How to obtain a meaningful overview of your securities holdings:
Sales organizations can reduce the effort required to manage their client portfolios to a minimum with the interfaces we developed for various depository banks in Germany, Austria, Luxembourg and Switzerland. Data from agents and customers is automatically consolidated in a single system and can be managed in a variety of ways.
Data consolidation brings together assets from client securities accounts opened at different investment companies and/or fund platforms. This not only offers an overview of all of the managed client assets. In the majority of cases, historical data is also provided and can be retroactively accessed by depositories for up to 10 years.
MyWebDepot - Versicherungsgesellschaften
How to obtain a meaningful overview of your securities holdings:
Insurance companies can reduce the effort required to manage their client portfolios to a minimum with the interfaces we developed for various depository banks in Germany, Austria, Luxembourg and Switzerland. Data from agents and customers is automatically consolidated in a single system and can be managed in a variety of ways.
Data consolidation brings together assets from client securities accounts opened at different investment companies and/or fund platforms. This not only offers an overview of all of the managed client assets. In the majority of cases, historical data is also provided and can be retroactively accessed by depositories for up to 10 years.
MyWebDepot – asset management companies
How to obtain a meaningful overview of your securities holdings:
Asset managers can reduce the effort required to manage their client portfolios to a minimum with the interfaces we developed for various depository banks in Germany, Austria, Luxembourg and Switzerland. Data from agents and customers is automatically consolidated in a single system and can be managed in a variety of ways.
NEW: Asset management reporting tailored to your business model!
Data consolidation brings together assets from client securities accounts opened at different investment companies and/or fund platforms. This not only offers an overview of all of the managed client assets. In the majority of cases, historical data is also provided and can be retroactively accessed by depositories for up to 10 years.
MyWebDepot – Investment companies
Sales partner controlling: Fund platforms have made it possible to buy up to 8,000 different funds from a wide range of investment companies since 2001.
More and more individual distributors and pool organizations use this buying method to efficiently handle their transactions.
Investment companies are also increasingly shifting their entire share account management systems to platforms.
The result for investment companies is a lack of transparency!
- Direct contact to the sales partner is lost
- It is difficult to use sales-promoting measures in the right places
- No overview of overall holdings of sales partners
- Expensive and time-consuming in-house reporting
- Different reporting standards among fund platforms
- Lack of transparent basis for negotiations with sales partners
- Difficulties charting internal sales performance
- intransparente Verhandlungsbasis gegenüber Vertriebspartnern
- Schwierigkeiten bei der internen Bewertung von Vertriebsleistung
Lack of transparency? Not with MyWebDepot!
- Cross-platform reporting
- 24h online access
- Consolidation of investment company holdings for each individual fund platform at the:
- Agent level
- Fund level
- Presentation of net liquidity reports for inflows and outflows
- Daily valuation of holdings and monthly update of holding data
- Daily evaluation of holding data
- Comprehensive, standardized reporting
- Holdings analysis and controlling options
- Reporting and practice-oriented reports
- Search features
- All data in a single system (independent of depository)
- Fund provider
- Fund platforms and banks
- Personalized online access featuring the client’s look and feel
- Maximum data security thanks to state-of-the-art encryption technology
MyWebDepot – Banks
This gives you a meaningful overview of your securities holdings and client securities accounts with the corresponding reporting and controlling options.
Limit functions and loss threshold warnings are included in the repertoire, as is a form center with in-house subscription documentation.
You also have the option of offering your clients professional insight into their client securities accounts – no matter what your business hours – as private client demands are growing continuously:
You can offer this service directly on your website so that your clients can access the status of their account or securities account any time, similar to online banking.
They can view their account and securities holdings, transactions, access information on securities and print out their own reports in their WebDepot. You can send special messages such as product information, invitations and even securities account statements directly to their docubox.
And all of these features are available with your own look and feel on request.
MyWebDepot – End clients
This enables you to give your clients professional insight into their client securities accounts – no matter what your business hours – as private client demands are growing continuously: You can offer this service directly on your website so that your clients can access the status of their account or securities account any time, similar to online banking options offered by their personal banks.
They can view their account and securities holdings, transactions, access information on securities and print out their own reports in their WebDepot. You can send special messages such as product information, invitations and even securities account statements directly to their docubox.
And all of these features are available with your own look and feel on request
