Term product manufacturing and plan administration – CORE

A customer-centric investment plan record keeping solution for today’s wealth management environment

What is CORE?

Competing in today’s retail wealth management environment means delivering customer-centric services through a variety of access points, and bringing new products and services to market at record speed, with a reduced total cost of ownership.

The CORE solution meets the challenge by providing today’s wealth management firms with a consolidated customer-centric view of all holdings, integration facilities to make the products and services available to new and existing delivery channels, complete legislative investment plan record keeping, and industry-leading term-product (GIC) issuing functionality.

• The customer-centric view
  The CORE wealth management solution keeps a single instance of customer and customer information whether the customer owns a single account or twenty accounts.
• Delivery channel integration
  CORE includes an XML messaging set so the functionality can be delivered through a variety of access channels, including the Internet, an existing branch platform, a call centre, or interactive voice response (IVR).
• Legislative investment plan record keeping
  The CORE wealth management solution supports taxation and legislative record keeping for RRSP, RRIF/LIF, RESP and non-registered accounts.
• Fixed-term product (GIC) issuing
  

How does it work?

The CORE wealth management solution employs a modern architecture, designed to meet the needs of today’s environment. The architecture is based on the following design considerations:

• Discrete separation of primary business objects
  The CORE application is designed with complete separation of business entities including the primary entities of customer, account or plan, and investment product (GIC). Discrete separation allows the application to be integrated into existing environments providing a complete or component solution.
• Use of industry standard integration technologies and interfaces
  CORE has the capability to integrate in real time using an XML message set, as well as a standard batch interface and a graphical user application.
• Maximum re-use of application components
  Business functionality is designed using generic, modular methods that maximize their re-use.

Also see

• Brochure - CORE: Investment Plan Administration (PDF)

For more information on our banking and investment services please contact us.